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June 23, 2015 Peter Yeh

Carl Mark Force IV, the fourth in his family to carry that amazing name, has pleaded guilty to stealing hundreds of thousands in bitcoin, as part of a plea deal with prosecutors. This follows last week’s guilty plea by his accomplice, former Secret Service special agent Shaun Bridges. During the bizarre coda of the Silk […]

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June 16, 2015 Peter Yeh

It has now been confirmed that the administrator of the 2nd largest darknet drug marketplace, BlankBank, has stolen all user funds, believed to be somewhere between 600-1200 bitcoins or around $150k-300k (at time of writing). Back in May, BlackBank, went down to maintenance to supposedly to install a “Bitcoin tumbler” or money laundering software. Darknet […]

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May 28, 2015 Peter Yeh

From a documentary with a title like Deep Web: The Untold Story of Bitcoin and Silk Road, one expects new details on how the Silk Road vendors and community operates, how bitcoin enables deep web markets, and a discussion that could bridge the gap for the average person between the anarchic cypherpunks and fear-mongering government […]

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May 27, 2015 Peter Yeh

Ross Ulbricht, the convicted former admin of the deep web black market Silk Road, is going to be sentenced on Friday. He faces a mandatory minimum after being found guilty of drug charges, with a maximum sentence of life. Both the defense and prosecution have sent letters to the judge in support or against a […]

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March 31, 2015 Peter Yeh

Two law enforcement officers who were part of the Silk Road investigation are now being charged by the Department of Justice for stealing hundreds of thousands of dollars of bitcoin (at time of writing) from Silk Road as well as generally abusing their position to lie, cheat, and steal. The ludicrously named DEA Special Agent […]

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March 18, 2015 Peter Yeh

Evolution Market, the darknet black market site that sold everything from stolen credit cards to hard drugs, is gone. The site won’t load, and all the bitcoins are gone as well. Evolution staff members announced the pseudonymous administrators “Kimble” and “Verto” have taken all the bitcoins and run. Many merchants and buyers are despairing, and […]

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February 19, 2015 Peter Yeh

The Dark Web is getting brighter and brighter each day. The news is abuzz with “Memex,” a Defense Department-developed Dark Web search engine. However, there are already two Tor search engines that you can use on the regular web to take a trip into the deep. On both you still get the usual suspects of […]

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January 29, 2015 Rhett Jones

The trial of Ross Ulbricht just keeps getting weirder. Ulbricht is accused of being the founder of the online black market Silk Road and the court proceedings have been extremely unique due to the complicated, tech-world nature of the case. Not only is the New York Times reporting a conflict between the defense and prosecution over […]

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January 22, 2015 Backdoor Pharmacist

With the recent release of the trial transcripts for Ross Ulbricht, the man alleged to have run darknet marketplace Silk Road 1 as Dread Pirate Roberts, we’ve learned more of the catastrophically stupid decisions he made that ended up getting him caught. If you’re looking to run the next darknet market on Tor or I2P, […]

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January 15, 2015 Peter Yeh

Defense attorneys for Ross Ulbricht, the man accused of being head of Silk Road Dread Pirate Roberts, allege that former CEO of now defunct bitcoin exchange Mt. Gox CEO Mark Karpeles was the real mastermind of the online black market. Motherboard reports that under cross-examination, a Homeland Security agent said he was preparing to get […]

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