Apr 09

Careless Dealer on Silk Road Anonymous Marketplace Busted

>> Click here to find the Silk Road URL and know how to get to the Silk Road 2.0 <<

SilkRoad

A vendor on the online marketplace Silk Road, learned that he was not as anonymous as he thought he was while facilitating transactions. In February of 2014, Kennedy was arrested by Department of Homeland agents and was subsequently charged with narcotics trafficking, gun theft, and counterfeiting related crimes.

If found guilty of all the charges he is facing, Kennedy would face upwards of 20 years in federal prison.

Carless Dealer on Silk Road Anonymous Marketplace Busted

Based on a press release issued by Homeland Security, a Baltimore based special Silk Road task force intercepted a package addressed to Kennedy. The contents of the package, which was shipped from China, contained the illegal drug ecstasy. Merely receiving the drug is a federal crime in and of itself, but Homeland Security chose to investigate the matter further.

During the investigation, Homeland Security revealed Kennedy allegedly sent a package to England containing cocaine. Undercover agents then launched a sting operation and, during the operation, were able to purchase both a handgun and cocaine from him.

Shockingly, Kennedy did not go very far to protect his anonymity. He posted images of himself with contraband on social networks such as Facebook and Google Plus. All of these images and his activity on his social media profiles has been entered into evidence against him in a court of law.

The arrest does point out the fact that, while transactions on sites such as Silk Road can be anonymous among the buyers and the sellers, the sales do occur in the real world. If you are carless and don’t take your anonymity serious then you definitely shouldn’t be visiting these sites.

Of course, those who do not take steps to protect their anonymity are not going to remain anonymous. Any and all activity on social media platforms brings a person to the attention of the public.

Apr 02

Australian Facing Extradition for Being A Silkroad Admin.

>> Click here to find the Silk Road 2.0 URL and guide and how to get there.<<

SilkRoad JailThe fate of Peter Phillip Nash is still in the hands of the Australian government as a decision is yet to be reached on whether to extradite the 41 year old to the United States. Nash, who hails from Queensland State, was convicted together with two other men in a drug dealing saga. As an alleged moderator of Silk Road, a website through which people buy illicit drugs such as cocaine and heroin, Nash faces conspiracy charges.

The charge sheet detailed the conviction as a conspiracy to engage in computer hacking, narcotics trafficking and money laundering with regards to the website activities in the month of December. The buyers and sellers on the Silk Road platform used bitcoin, a digital currency. The Australian Attorney, General George Brandis through his spokeswoman confirmed that indeed Nash formally relinquished extradition rights when he appeared before a Queensland court. The spokeswoman further added that it was now incumbent upon the Australian Justice Minister to determine whether Mr. Nash is to be surrendered to the United States of America in line with the Extradition Act Section 15B.
However, Justice Michael Keenan, the spokesperson for the Australian Minister for Justice was not immediately available for comment.

The Co-accused, the two men accused together with Mr. Nash, were arrested in Ireland and the United States. According to the indictment read in December, the role played by the two, aged 24 and 25 was that of website administration.

Peter Phillip NashThese convictions come hot on the heels of the arrest in October of Ross Ulbricht, the alleged founder and mastermind behind Silk Road. The indictment identified the three men as accomplices and support personnel for Silk Road, drawing salaries to the tune of between $50,000 and $75,000 per annum.

According to findings and reports, Nash, also known as “Anonymousasshit” and “Batman73″, has been a moderator for Silk Road from January 2013.

>> Click here to find the Silk Road 2.0 URL and guide and how to get there.<<

Mar 27

Silk Road 2.0 URL

>> Click here to find the Silk Road 2.0 guide and how to get there.<<

The Silk Road 2.0 URL is: silkroad6ownowfk.onion (Note: THIS WILL NOT WORK IN A NORMAL BROWSER, read the guide for full details)

When using Silk Road 2.0 URL you have to download and install Tor Browser. Silk Road 2.0 URL will never work using any other browsers because of the encrypted network it is hosted on. You will require the Tor Browser to securely access it. If you are planning on visiting the Silk Road maketplace then you should should definitely click the link above and read the guide. It has a lot of safety precautions you should take so that you are as anonymous as you can be, this should be you number one priority when visiting these sites as you do not want ANYONE to know you were there.

Silk Road URL

With all of the hacking attempts and increased attention from all of the law enforcement agencies around the world it is increasingly risky to visit the site and buy anything. With the increased risk you need to take increased steps to hide in the shadows and be undetected. There are some great ways to do this and they are not difficult at all. Make sure you read the guide by clicking the link at he top of this post.

Another reason why you can’t use Silk Road URL with a normal browser is that you will have to encrypt your address for security purposes. This is something you can’t do while using a normal browser because you can’t access your account in the first place and even if you happen to, you will not get the encryption option.

bit_coinsIf you are using bit coins you would really want to ensure that you are using a secure URL. You don’t want to be a victim of bitcoin theft because you transacted through an insecure site. Being assured of security will make you trust the site more which is why the only access to Silk Road 2.0 URL is through Tor.

The internet has become very insecure and the laxity of many individuals when it comes to taking security measures to protect their information has made hackers and other malicious people excited and gladly using personal information for online malicious practices. This is why the Silk Road market place administration has taken these serious security measures to prevent such occurrences.

Mar 24

The Silk Road Legal Proceedings : Ross Ulbricht Charged as Kingpin

Before you read I would just like to point out that Silk Road 2.0 is still up. This article relates to the original Silk Road

>> Click here to find the Silk Road 2.0 URL and how to get there<<

Silk Road 2.0The Silk Road online market founded in February of 2011 was named after the trade routes between India, China, Europe, and other Afro-Eurasian landmasses that came to wide use during the Han Dynasty from 206 BC to 220 AD. Today, however, the Silk Road site and its alleged creator and administrators are being actively pursued by United States law enforcers.

Trouble for the site began when Gawker published a story about it in June of 2011. This brought the website a lot of attention, prompting US Senator Charles Schumer to ask federal law enforcers to shut down the site. It was believed that the Silk Road had served as an online underground market for illegal drugs, among other things. This was followed by the separate convictions of two Australian Silk Road users in 2013 after they were found to have imported illegal drugs bought on the site.

The Silk Road

On October 2, 2013, Ross William Ulbricht, whom authorities believed was the founder of the underground online market that earned USD $80 million in commissions, was arrested in San Francisco on suspicion of drug trafficking, money laundering, facilitating computer hacking, and six counts of attempted murder. However, prosecutors believe that the six murders meant to protect the site’s users did not take place despite the amount of $730,000 having been paid for the deeds.

Two days after his arrest in Glen Park Library, Ulbricht appeared during his arraignment in a San Francisco federal court and pleaded “not guilty” to all charges. The hearing was then rescheduled to begin on October 9, with Ulbricht being held without bail.

On October 9, Ulbricht, through his lawyer, admitted his identity as “Ross William Ulbricht”, but denied the aliases “Dread Pirate” Roberts”, “DPR”, and “Silk Road”. This prompted the San Francisco federal court to move the case to New York under custody of US marshals.

Last February 7, 2014, a court in the Southern District of New York scheduled a trial to begin in November after Ulbricht again pleaded “not guilty” to the charges against him. It was also decided that he would be held without bail in a detention center in Brooklyn.

Last February 27, the government provided Ulbricht’s defense team with data seized from Ulbricht’s computers. Reports revealed that the data included between eight and ten terabytes of information gathered for use in prosecuting the alleged Silk Road founder.

Mar 18

Silk Road 2.0 And The Tesco Voucher Scam

Silk Road 2.0

>> Click here to find the Silk Road URL and know how to get to the Silk Road 2.0 <<

When people hear of Silk Road, their mind will probably jump to things like guns, drugs and pornography. However, the resurrected Silk Road has brought a whole new meaning to what popular items are. Not long time ago, on the Silk Road 2.0, the most popular items had been Tesco ClubCard vouchers.

The Silk Road 2.0 Tesco Voucher scam has created quite a buzz all over the world. The offer, which has already been removed, offered potential buyers’ £100 worth of Clubcard vouchers for less than half the price, of £43. The dark net, which can be accessed only by professionals using specialist equipment, was a major distribution hub for Tesco Clubcard vouchers. According to many unanimous buyers, a large number of people have bought the vouchers which were actually pretty genuine. Many customers have managed to use them to purchase Tesco products at 50% off during the last several months.

The vouchers were on sale for several months until Tesco has referred this matter to the police. Tim Keanini, chief engineer at an IT security firm, has recently declared that these hacks are becoming increasingly common nowadays, with more and more retailers and businesses falling victims to cyber criminals and hackers. According to Keanini, the real problem is not that these hackers can access the network. The real threat is that cyber criminals can steal files and still go undetected. This is how they managed to infiltrate the Tesco network and issue those fake vouchers. With over 16 million Clubcard members, Tesco has lost millions of pounds since the beginning of the “crisis”. Tesco officials have yet to release an official statement with the whole amount lost.

The amount of money going through Silk Road 2.0 and other similar websites is unbelievable. More than probably, vouchers from other UK and US retailers might be at risk. Our advice is to keep your eyes open for such scams and declare anything that looks like scam.

Silk Road

Mar 06

Silk Road 2.0 to Reimburse Stolen Bitcoins

1

>>Click here to find the Silk Road URL and know how to get to the Silk Road 2.0<<

It was a matter of days ago that it was widely reported that the illegal Silk Road 2.0 had been hacked, which resulted in the theft of at least 4,400 BTC. The owner of new Silk Road recently posted on the site’s Tor forums that a total of 3 different hackers had managed to exploit a transaction bug to acquire the BTC from the site. “Defcon”, the website’s creator, estimated that 47% of every SR user had lost their account funds.

Details on the current and past situation have been vague, largely due to the fact that information on the Deepweb can be lacking in reputability. The nature and secrecy of the way such illegal sites operate means that publicly available statistics are almost non-existent.

The timing of the Silk Road 2.0 theft was just around the same time that Mt. Gox (the world’s biggest bitcoin exchange) was also hacked and $400 million worth of bitcoins was stolen. This seems to back up the admins statements that the bitcoins were stolen and it was not an inside job.

This event is the second time that Silk Road users have lost their funds, the last being when they were seized in the FBI take down of SR 1.0. But this time, the owner has claimed that 2.0 users will be reimbursed with their funds that were taken during the hack. The administration team will apparently receive no commissions until everyone’s been refunded, and they’ll maintain high levels of transparency about their progress.

The marketplace will continue, this time as no-escrow. A 5% commission will be charged on all items which will be instantly transferred to victims’ balances after payment.

Whilst there’s users that are overjoyed at the news of their possible refund, there’s also no lack of skepticism within the community. Some people feel that they are being forced in to using the new SR 2.0 to get their money back. The allegations made that the theft of 4000+ Bitcoins might have been committed by the site administration itself has resulted in some doubt for victims and users of the site alike. “Defcon” has made a statement to say that the investigation is ongoing and that every sign shows that the hack wasn’t performed by site staff.

Feb 28

Mt. Gox – $400 Million Bitcoin Theft Scandal

Something mysterious just recently happened to one of the most prominent names in the world of Bitcoin; Mt. Gox apparently vanished in thin air like a phantom. A document was leaked regarding the matter, claiming the disappearance of 744,000 customer Bitcoins along with it. Today’s Bitcoin community continues to reel and is still trying to find out what exactly happened. The accusations, rants, and conspiracy theories have only just begun. One thing is for sure, though, this serves as a wake up call for anybody who thought that Bitcoin will have an easy road to general acceptance.

Mt Gox Logo
Tokyo-based Mt. Gox started as Magic: The Gathering card exchange site. As the ardor over Bitcoin had started spreading around the middle part of 2010, the site eventually rebranded to be Bitcoin trade, one of the forerunners of the service. Mt. Gox served as a get-in-the-middle fro those who wanted to magically transform their Bitcoins into much more liquid currencies such as yen or dollars. Also, it had its very own custom wallet software which enabled users to easily manage their Bitcoins over the cloud. Based on the leaked document, this was where things began crumbling off.

The cracks began emerging the early part of this month right when Mt. Gox decided to suspend withdrawals with the claim of serious flaws regarding how Bitcoin protocol confirms transactions. Mt. Gox mentioned that it was very much possible to essentially have a Bitcoin re-spent simply by renaming the whole transaction just before it becamed synced toward the block chain (which means after it received verification.) The Bitcoin Foundation speedily contradicted Mt. Gox to point out that Bitcoin was never really at fault. The thing they so-call “transaction malleability” issues was known. However, it didn’t get enough attention to be considered as a noteworthy problem. The Bitcoin Foundation then scapegoated Mt. Gox’s utterly-customized wallet software for having compounded the bug. Ultimately, this might have been the only thread that led to the unraveling of Mt. Gox when pulled.

Mt Gox Got Robbed

Due to the faulty tracking of the software, Mt. Gox did not really hold the Bitcoins it thought to have. The stolen ones were steadily siphoned off straight from the hot wallet of Mt. Gox — the coins put to use in order to proceed with transactions. Many believe that most of Mt. Gox’s funds were in cold storage when they were all safe from the whole transaction malleability perforation. The leaked documentation claims that cold storage got wiped out, too, which simply means Mt. Gox was automatically transferring coins into the wallet as required.

The ascertainment of the leaked information’s validity will remain at hold until someone directly from Mt. Gox provides udpates, which actually makes the current situation sound worse all the more. Mt. Gox’s wallet software drawbacks prove to be severe with the 744,408 Bitcoins stolen through the course of numerous years. For now, Mt. Gox has decided to suspend operations causing the site users to cultivate a skeptical outlook, doubting that they will ever retrieve their precious Bitcoins. Virtual currencies indeed hold a vast range of appallingly negative contingencies.

Feb 21

Silk Road Attacked By Hackers!

It was not until Thursday morning 13th February 2014 when the Bitcoin Community found themselves at the hands of mischievous hackers. On this fateful day, it was announced that Silk Road had been hacked and an estimated 4.474 Bitcoins were stolen which roughly worth $2.7 million, as per the time of the malicious attack. The heist, as some people term the attack, is said to have been caused by the flaw in the Bitcoin Processing Protocol itself. The protocol is best known as the Transaction Malleability. Silk Road is not the first victim of such attacks. Earlier on February 5, MtGox, which is the largest trading market for Bitcoins alongside other markets, shut down withdrawals of Bitcoins all accounting it to Transaction malleability.

Bitcoin hackers
Is Transaction Malleability to be Blamed?
Transaction Malleability is a bug that is in-built in the Bitcoin Transaction Protocol. It is simply when a unique transaction ID is slightly altered before it is confirmed with the rest of the servers. On Wednesday, one of the site administrators attested that a bunch of hackers exploited the Transaction Malleability loophole to withdraw millions of cash from the site just as the administrators were carrying out maintenance that required the huge amount of Bitcoins to be placed in a vulnerable location. Defcon said that, there was complete loss of cash from the escrow holdings. He continued saying that the attack hit them at the worst time as they were planning to re-launch the brand new auto-Finalize and Dispute Center. And this would need the entire Bitcoin community’s full balance in the hot storage as per their projections based on the order finalization volume.

Actually, Bitcoin is an online currency, decentralized, free from either government, group or personal control. Due to this, people all over the world can send this currency to one another without any transaction fee involved and without any 3rd party interference. This is what made Bitcoins ideal for trade in illicit items like drugs and even forged documents. That is why the use Bitcoins is facing strong criticism from various governments. However online selling sites like the Oversock.com has already accepted the use of this currency. FBI shut down the old Silk Road last October and arrested its alleged boss Ross Ulbricht seizing over 144,000 Bitcoins that was valued at $28 million by then. This neverstopped Silk Road momentum as the new Silk Road 2.0 was created. This is the one that was attacked on Thursday.

Silk Road Hacked Although this latest attack has raised eyebrows over Transaction Malleability, the condition has been there since 2011. Experts perceive that, best practices may be employed to eliminate the Vulnerability of Bitcoins. The good news is that, the admins may be able to recover the stolen funds. They have posted a series of accounts they believe to belong to the hackers mostly from France and Australia. The admin has told the users to contribute any tangible information that may lead to recovery of the funds. For the people that lost bitcoins in this heist they will be repaid via credit on all of their fees until the balance is paid back. This is not what a lot of people want but at least it show the commitment to rectify the situation and try to keep the site going. Along with this repayment they are also looking at new ways to handle the processing of payments so this won’t happen again.
If you are unsure about Silk Road and want to wait for it to settle down you may want to check out Agora Market. They have been gaining a good reputation although it is still pretty much the same thing as Silk Road but smaller. There is a site about it here with the Agora Market url.
Remember to always make yourself anonymous!

Feb 19

The Arrest Of Bitcoins Vice Chairman.

BitInstant’s chief executive officer, together with Robert Faiella, has been arrested and has been charged with plotting to commit the felony of money laundering. According to federal prosecutor, Shrem purchased drugs personally on Silk Road while fully aware of the web-site’s drug trafficking activities. According to the department of Justice, the two were charged with selling a million dollars worth of Bitcoins to individuals who attempted to buy as well as sell drugs on a black market website.

Earlier this month, prosecutors announced that they had forfeited $28m worth of bitcoins that had been impounded from Silk Road. Silk Road is a secret marketplace which has the reputation of being used to buy and sell drugs among other things.

Shrem heads BitInstant, which is bankrolled by the Winkloves twins. Last year, the two pumped in more than $1.5 million in this company. Following the arrest of Shrem and Faiella, a spot check revealed that the BitInstant website remained offline on Monday morning.
Shrem also serves as the Bitcoin Foundation’s vice chairman. Only last weekend, he was featured as a key speaker at the Bitcoin conference that was held in Miami.

According to one news release that came from the justice department, Shrem was seized in New York at the John F. Kennedy International Airport, and later charged with the crime of money laundering.
U.S Drug Enforcement Administration’s James J. Hunt, said the following in the news release:

“The charges announced today depict law enforcement’s commitment to identifying those who promote the sale of illegal drugs throughout the world.”

He further added that the two, while hiding behind their computers, knowingly contributed to, and facilitated, anonymous drug sales as a result of which they earned significant profits.

In October last year, the Federal Bureau of Investigations, FBI, closed Silk Road and captured Bitcoins worth millions of dollars. Silk Road, the famous online black market, helps people to buy and sell unlawful goods such as guns and drugs.
Since being busted, the FBI has been using the records belonging to Silk Road to track down other people who are also involved in the illegal activities. It is that information that probably led the law enforcers to catch Faiella and Shrem.

Charges preferred on the duo

Faiella, 52, a native of Cape Coral, and Shrem, aged 24 and a native of New York, were both charged with one count, and that is conspiring to commit the crime of money laundering. Also, they were charged with another count of operating a money transmitting business that was unlicensed. The maximum jail term carried by these charges is 25 years. Shrem faces an extra 5 years in jail, after failing to report a suspicious activity.

The justice department says that Faiella secretly operated a bitcoin exchange on the online black market, Silk Road. After he received Bitcoin orders, he would go ahead and fill these orders through BitInstant. After that, he would sell them at a profit to Silk Road.
Being the CEO as well as BitInstant’s chief compliance officer, shrem was allegedly aware of the reasons for Faiella’s exchanges. Additionally, the government alleges that Shrem personally bought drugs from Silk Road.

Dec 12

Silk Road Mega Security Upgrade Complete!

The head of the Silk Road, Dread Pirate Roberts, has taken some initiative and don’t a full scale upgrade of security and redundancy to protect the site, users and users bitcoins from hackers and the authorities.

This comes at a time when users of these online black market sites are feeling extremely vulnerable because the closure of the two main competitors Black Market Reloaded and Sheep Marketplace. These both closed and people lost a ton of money in the closure.

The new upgrades to Silk Road have been based around making the site more secure and trying to safeguard against closure by the authorities. Apparently Dread Pirate Roberts  has set up a fail over system by uploading portions of the site to hundreds of servers around the world so if one goes down or is seized by the authorities then it can go straight back within minutes as if it never went down at all. It is almost like having splinter cells set up everywhere so even if they think they took one down then another is straight back up and in its place. Dread pirate Roberts wrote “They have sunken one ship, but now they have awoken the Kraken”

Silk Road Security Upgrade Complete

As some people are probably aware that some other sites where actually the ones closing themselves down and running with the money so they are probably thinking that they could just do the same, well they could but I doubt it. The reason I say this is that as they are now the biggest online black market in the world again, virtually no competitors, have the best reputation, the most morals, the best security ever now seen in one of these sites and a massive community they stand to make far more money by staying open than anything we have ever seen before. It will dwarf any previous site.

>>> If wanting to visit Silk Road then you will want to follow this guide by clicking here. <<<