USA TODAY: .. The electronic wallet holding 144,336 bitcoins worth $29 million was found on computer hardware allegedly belonging to Ross Ulbricht, 29, who was arrested Oct. 1 at a public library in San Francisco. Silk Road was an illegal drug bazaar that operated in the cyber underworld.
Ulbricht is charged with money laundering, drug dealing, computer hacking and murder-for-hire in courts in Baltimore and New York…
The Silk Road website, which allowed anonymous trade in illegal drugs, forged documents, hackers and hit men, had nearly a million customers and $1.2 billion in sales, court papers say. Silk Road’s operator, known on the site as “Dread Pirate Roberts,” allegedly collected commissions worth $80 million. FBI agent Christopher Tarbell called Silk Road “the most sophisticated and extensive criminal marketplace on the Internet today.”… (more)
