The Rising Sence Of A Community Among Online Dark Markets

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

silkroad 2.0Internet is one of the most reliable sources of information in the world today. Hundreds if not thousands of people from all across the globe use it to purchase products and services from various online stores.

Over the last one year, there has been a rampant increase in number of people using Silk Road, a dark web, to purchase goods such as drugs. The most plausible reason for this trend is because this site is gaining credibility and trust from the online community.

Simply put, Silk Road is the leading dark online marketplace that you can visit and anonymously purchase drugs at any time. Its reputation and clean track record is clear proof that it deliver on their promises.

Let us look at some factors that fuel growth of this community.

Professionalism: 

Despite the fact that this web is considered dark by the society, the truth of the matter is that they its run by professionals who are very committed and determine to ensure that they meet their clients’ needs amicably. They have also put in place working protocols that help them maintain high professionalism and diligence levels.

Confidentiality: 

Gone are the days when one had to walk into a dark alley to purchase drugs. This dark web enables users from all across the globe to purchase a wide array of products without revealing their true identity and location. They have a concrete privacy policy hence you can rest assured that any information you submit is in safe hands.

Anonymous

Transparency:

To promote their credibility and reputation in the community, this online marketplacehas put in place its own payment processing systems that are 100% secure so chances of fraud are nil. The systems are also monitored 24/7 by experts who have the skills and experience required to lock out any unauthorized access.

Finally, Silk Road offers quality products at an affordable price. They have also established shipping procedures that enables them to transport purchased goods to their customers.

Silk Road

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

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US Government To Auction Off $18m Worth Of Bitcoins

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The US government has categorically stated that they are going to auction the Silk Road bitcoins that were seized in connection with civil forfeiture band criminal actions against Ulbricht in the Southern District of New York.

Silkroad Bitcoin

In a press release, the US Marshalls have indicated that the auction will take place during a 12 hour period on 27the of June 2014 and bids are now being accepted by emails from registered bidders. Those who want to bid for the bitcoins are already downloading the auction forms from the US Marshall’s official website in readiness for what will definitely be a big day in the United States.

The big question however remains whether the government is right to action the Silk Road bitcoins now that no conviction has been done yet. Those Silk Road bitcoins have already been ordered forfeited by the United States and Ulbricht charged with narcotic trafficking, money laundering and computer hacking. The most worrying part is that Ulbricht has not been convicted or found guilty of all these crimes at the moment yet the Marshalls are already preparing to go ahead with the auction.

Even though the US Government claims to have concrete evidence against the suspects, a problem is bound to arise should the courts rule in favor of the accused. In such a circumstance, the action by the government to auction the bitcoins before conviction will bring up several issues. It will seem as if the government had already convicted the accused even before the court’s verdict.

Silkroad Bitcoin

This move to auction those Silk Road bitcoins is therefore purely a premature one. The US government advisors should have advised the government to wait for the court ruling on the matter before embarking the auction. This auction is set to be carried out on June 27 and a lot of issue s will for sure arise even after the auction should the accused be found innocent.

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

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Silkroad Is Back Bigger Than Ever!

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

For many years, enthusiasts have tried to figure out some ways to buy drugs without being handcuffed by the DEA or setting up mysterious meetings with dealers from a bad world’. Finally, there’s been some relief for these people who want to take their high’ to the next level, while being able to enjoy the convenience of the Internet. With websites like Silkroad, you can buy a wide range of drugs without being directly involved with any drug dealers or worrying about breaking any laws.

Silkroad and Bitcoin

A Brief Overview of Silkroad

It is a comprehensive website where you can order almost any drug in the world. While some critics have been questioning the trust factor’ of the website, there are many customers who’ve loved the service.

This website is an e-commerce store where the only things you can buy or sell are drugs. In order to protect the identities of customers, this website can only be accessed through an anonymous network called TOR. Moreover, it only accepts payments in the form of Bitcoins, which is an untraceable digital currency.

Silkroad is Back 

On 2nd October, 2013, law enforcement officials arrested Dread Pirate Roberts’. He is considered to be the elusive proprietor and creator of this anonymous online black market. He had been evading the grasp of authorities since 2011.

Silkroad has quickly become one of the most popular platforms for illicit drugs, stolen content, hacking wares, forged documents or some other illicit items people would want with the exception of child pornography and weapons.

After some customers were hit by the Bitcoin scandal and Dread Pirate Roberts was arrested, traffic to the website was hit hard, and it was temporarily shut down. However, the wait is finally over.

Silkroad site

Silkroad is Back, and It’s Bigger Than Ever

Approximately 13,648 listings for drugs are now available on Silkroad compared to the 13,000 that were listed shortly before the FBI arrested Ulbricht and shut down the site. In comparison, Silkroad’s closest competitor, Agora, has just roughly 7,400 drug listings.

Since the time this website was seized, the competition in the industry has substantially increased. Silkroad 2.0 contains more listings than ever. In fact, when it comes to drugs, the new version of the website contains over 75% more listings. The website has continued to conduct steady business despite any arrests that were made in the past.

Many scam artists tried too hard to fill the void when the website was shut down. This created a bit of distrust among customers. Some operators allegedly store millions of dollars worth of bitcoins. Skilled operators and developers of the website have been able to turn this crisis into an opportunity. The hack was organized in February, and affected thousands of customers.

However, the operators devised a specific plan to give bitcoins back to the customers who were hit during this hack. This allowed the developers and operators of Silkroad to reaffirm customers that it’s not a scam market like other online black markets. With the rapid growth of the website, there’s no doubt that Silkroad will continue to draw more attention in the coming months. It will generate more interest among customers who’re looking to buy illicit drugs anonymously.

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

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The Silk Road Original Creator Latest Legal Proceedings

Ross William Ulbricht was the brains behind a billion-dollar criminal enterprise on The Silk Road site where the buyers used Bitcoins to buy and sell drugs. He of course pled not guilty in a Manhattan Federal Court despite the evidence against him which includes several computer servers. He was however, indicted on four counts, which are operating a narcotics trafficking scheme, computer hacking, money laundering and being the mastermind behind a large criminal enterprise. The Silk Road site was a proven booming black-market bazaar that drug dealers used to distribute illegal drugs and launder millions of dollars in illegal transactions. Ulbricht specifically designed the site to use the Bitcoin-based system of payment in order to effectively conceal the identities and the locations of the active users.

Bitcoin Is not Currency

Bitcoin

This is why he defends himself of the charges of money laundering by stating that only virtual currency was used in all Silk Road transactions and that no real money was used. Bitcoin which was used in the transactions isn’t real money. His lawyer was also quick to point out the ruling by IRS, which stated that Bitcoins are simply property and not currency. Joshua Dratel his lawyer, also stated in writing that Bitcoins which were the only means of payment on the site don’t qualify as “monetary instruments” and therefore can never substantiate the money laundering violation charges.

FBI Claims

This Hidden site Has Been Seized

The FBI claimed that Ulbricht made use of Bitcoins in the site in order to camouflage drug related transactions, murder-for-hire plots and other criminal services. However, Dratel the lawyer dismisses the claims by stating that Ulbricht shouldn’t be liable for any criminal deals carried out by the online customers on the site whether he operated the site or not since he didn’t sell anything himself. He further backs up his defense by saying that no landlord has ever been prosecuted for renting his property to a drug kingpin. Or that no internet service provider has ever faced charges for the use of the service by criminals to carry out online criminal activities. That is how Ulbricht’s lawyer tries to get the case dismissed.

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Careless Dealer on Silk Road Anonymous Marketplace Busted

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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.

Man with the handcap

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.

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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.<<

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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 online marketThe 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.

Money and Drugs

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.

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Silk Road 2.0 And The Tesco Voucher Scam

>> 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.

Silk Road 2.0

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.

Tesco Card

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Silk Road 2.0 to Reimburse Stolen Bitcoins

>>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.

Bitcoin

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.

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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!

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