Silk road owner caught - FBI Seizes Deep Web Black Market Silk Road, Arrest Owner

[dragon]

More on
http://techcrunch.com/2013/10/02/fbi-seize-deep-web-marketplace-silk-road-arrest-owner/
http://www.bbc.co.uk/news/technology-24371894

The total revenue generated from launch until July 23, 2013, resulted in approximately 9,519,664 Bitcoins and 614,305 Bitcoins of commission for Silk Road itself, court documents reveal. That converts to roughly $1.2 billion in revenue and $79.8 million in commissions, at current Bitcoin prices.

 

[Skinner]

The technology to run that kinda site is out in the wild, chop the big dogs head off and 2 more appear in its place, kinda like if Acorn vanished, there would be 3-4 pretenders to Admins throne until 1 becomes the big dog again, so all they have done is made it worse.

 

[topcat]

The technology to run that kinda site is out in the wild, chop the big dogs head off and 2 more appear in its place, kinda like if Acorn vanished, there would be 3-4 pretenders to Admins throne until 1 becomes the big dog again, so all they have done is made it worse.

Couldn't agree more. $79.8 million says that another site will be spring up immediately.

 

[AssetDomains]

As they list all the mistakes that allowed him to be caught its like a how guide in how to do it right