Uber Has Been Compared To Silk Road

ANNOUNCEMENT: Since the Silk Road 2.0 bust by the feds a few other Darknet Markets have fallen. Silk Road 3 is up and running with a big selection of goods.

>> Click here to find the Silk Road 3 Guide <<

Uber frequently finds itself in the news and many a time for the wrong reasons. The latest beating that it took was when a judge recently, during the course of the hearing (in an antitrust case being heard out at New York), compared Uber to Silkroad, the now defunct online black marketplace.

BN-GD837_skuber_P_20141224020938The allegations were made against Travis Kalanick, the CEO of Uber and other Uber drivers as regards their price-surge policy. A class-action suit was filed as a violation of the Sherman Antitrust Act (Section 1). The acts were seen as a conspiracy in illegal price fixing by the accused.

How illegal the whole case may be, there are interesting facts that make up the case. Uber is known to organize meet-ups called “partner appreciation,”wherein the participants agree to reinforce their commitment to the agreement that may in fact be illegal or unlawful. All Uber drivers sign an agreement as part of the terms of employment, which purportedly gathers the implicit agreement of the signees to support price-fixing. As such, it was easy to get the drivers to agree to the cab company’s terms and policies. Further, there are other pending lawsuits and regulatory offences charged against the company and its business model that await legal hearing.

Uber, however, counter-argued that the drivers are being accused of conspiring with Travis to increase the fares and this just does not make any sense. At this instance, Uber’s argument was dismissed and a comparison was drawn with the now defunct darknetsite Silkroad. The judge compared the case with the Silkroad creator, Ross Ulbricht, currently serving a life sentence in prison.


ross-ulbrichtIn the Silkroad case, the government accused Ross Ulbricht as the ultimate leader of a single conspiracy that was responsible for all the vendors included in Silkroad who sold any type of narcotic substance. Judge Jed Rakoff compared this to Travis and the Uber drivers. The digitally decentralized Uber app was in many ways similar to Silkroad. The Uber app resembled a marketplace that was used by Travis to hatch a conspiracy along with all of the Uber drivers.

Another point of comparison that was drawn was that Silkroad was not just a website or platform that sold drugs. The vendors along with the Silkroad site owner had conspired to sell drugs using the Silkroad façade. Similarly, the price surge did not just happen on the call-a-cab platform, all the Uber drivers purportedly conspired together to create the price surge. To be fair, the judge concerned cited many other cases where they weren’t Tor-hidden websites like Silkroad and the group conspiracy angle was absent. However, things do not look rosy for the Uber head Travis Kalanick. The litigation is well on its way and a trial has been scheduled for the 1stof November this year.

With Judge Jed Rakoff of the U. S. District Court in Manhattan denied a bid to dismiss a class action suit against Travis Kalanick which alleged that Uber’s smartphone app was being used to coordinate high surge prices with hundreds of drivers all over the world, this case, opens a new line of allegations and legal attacks on many businesses that function on the sharing-economy models.

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Drug Reform Groups Want To Overturn Silk Road Creator’s Sentence

Two of the leading non-profits in the US that are dedicated to bringing in reform to drug laws said recently that the sentencing of life imprisonment without parole imposed on the founder of Silk Road, Ross Ulbricht, should be withdrawn. Further, they also said that Ulbricht should be re-sentenced by remanding him to another judge.


Last year, Ulbricht was convicted for charges which include conspiracy to drug-trafficking, money laundering and computer hacking. Ulbricht admitted to creating the darknet marketplace, Silk Road. However, his lawyer said that he handed it over to others later. The Silk Road founder is appealing his conviction as well as sentencing.

Last week, in an amicus brief that was filed, the lawyers for Drug Policy Alliance (DPA) wrote that life sentences are imposed exceedingly rarely under the federal criminal justice system, especially in the case of individuals like Ulbricht who do not have any prior criminal record. They also noted that this is specifically true in the case of people convicted of offenses related to drugs, which includes drug trafficking as well. Further, the lawyers have argued that life sentence was imposed in only 3 percent of all cases of drug trafficking. Typically, it is reserved for those that commit violent crimes.

In the US, more than ninety percent of the life sentence cases involve sexual assault, murder, aggravated assault, rape, kidnapping, or robbery. According to Bureau of Drug Statistics, individuals are sentenced for 6.3 years or 75.5 months for drug conviction. The sentencing imposed by state prisons, on average, is five years.

The brief was also signed by a former federal judge and LEAP (Law Enforcement Against Prohibition). According to the brief, the appeals court should overturn the sentence imposed on Ulbricht for two reasons: one is that it violates Eighth Amendment (it prohibits unusual and cruel punishment) and the other is that it “shocks the conscience.”

The amicus brief, which focuses solely on harsh treatment imposed on Ulbricht, does not have any problem with his conviction. Additionally, it points out that the six drug overdose deaths, which have been tied to the Silk Road case by government, have been wrongly considered by the US District Judge Katherine Forrest. In fact, the overdose cases have only a superficially plausible connection with the Silk Road, according to the amici.

According to the DPA lawyers, the causes of overdose are complex. They also argue that it is a better idea to specify limits for opioid prescriptions and expand access to naloxone (anti-overdose drug) and substance abuse treatment instead of imposing severe punishment on the Silk Road founder. Further, they point out that sentencing Ulbricht, keeping in mind drug overdose deaths, amounts to violation of process rights due to him.


Additionally, the brief objects to the consideration of the allegation of murder for hire against Ross Ulbricht by Judge Forrest (a jury has not evaluated the allegations). Finally, the groups also object to the reason – prevent creation of darknet marketplaces by future criminals – given by Forrest for sentencing Ulbricht to a life-term in jail. They also argue that long sentences do not have any deterrence value and that the last 40 years of war on drugs has clearly demonstrated the same.

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Two Silk Road Drug Importers Sentenced To Jail

ANNOUNCEMENT: Since the Silk Road 2.0 bust by the feds a few other Darknet Markets have fallen. Silk Road 3 is up and running with a big selection of goods.

>> Click here to find the Silk Road 3 Guide <<

Two men from South Devon have been sentenced for selling illegal drugs and using the darknet to acquire them. The 2 men are Jamie McAllister and Nathan Wilson. McAllister, 35, claims to be a businessman specializing in making beds while Wilson, 30, is a council worker. Investigations showed that 3,800 pounds had been transferred through Western Union in exchange for 2300g of cannabis and 74.6g of heroin. These drugs have a street value of 14,000 pounds in UK. The packages containing drugs from Silkroad were intercepted by border officials. When McAllister was questioned by the local police, he claimed he was a businessman and that he purchased saris and sarongs from the Far East.

Despite McAllister’s claim to be a legitimate businessman, investigations showed that he had accessed Silkroad, a darknet market, through a secure email system and a Firefox browser. This is the information given by Brian Fitzherbert, the prosecutor. McAllister was using his laptop in communicating with the suppliers in India and Thailand. He later followed up communication on telephone. Two out of three of the packages sent were addressed to McAllister while one was addressed to Wilson. The intercepted drugs were found in false bottoms of handbags.

Jamie McAllister and Nathan Wilson

McAllister and Wilson were brought before the Exeter Crown Court. They pleaded guilty for importing heroin and cannabis from Silkroad. The Recorder QC, James Waddington, made it clear how serious the offenses by McAllister and Wilson were. He was also satisfied that there was no alternative to custodial sentences. He stated their offenses and showed that McAllister took the leading role in communication with the suppliers on Silkroad. Although Wilson did not play the leading role, his role was also important because without it, the transaction on Silkroad would not take place. McAllister was sentenced to 3 years in prison while Wilson was sentence to 2 years and 8 months in prison.

Wilson’s representative, Kevin Hopper, justified his client’s actions by saying he suffered from anxiety and depression and that he felt taken advantage of. He also tried clearing Wilson’s name by making it clear that it was not his idea to import the drugs. All he did was give his details when transferring money via Western Union and the drugs were sent to his address. Kevin Hopper described his client as a hard working person who worked for the local authority.

McAllister’s representative, Martin Salloway, described his client as one having good work ethic and a good businessman. The court had been informed of McAllister’s previous charges for burglary and possession of drugs.


Silkroad, a darknet market infamous for selling illegal drugs that worked in a similar way to eBay but its access was restricted to those who have the special software required to access the site. Some of the categories of drugs sold on Silkroad include stimulants, prescription, ecstasy, cannabis and steroids among many others. Apart from drugs, Silkroad also sold fake driver’s licenses. It restricted the sale of various items including child pornography, weapons and child pornography.

Ross William Ulbricht
Silkroad was first formed in 2011, operated as a Tor hidden service and conducted transactions using bitcoins to prevent tracing information of buyers and sellers. The FBI acquired information about the illegal activities taking place in the site and they shut it down in 2013. Ross William Ulbricht was arrested in October 2013 under the charges of being the owner of Silkroad. In May 2015, Ulbricht was sentenced to life imprisonment without any possibility of parole.

After the closure of Silkroad, Silkroad 2.0 emerged and was trading in the darknet market again. It was operated by former administrators of the original Silkroad site that was shut down. Encrypted copies of the site’s source code were distributed as a precaution just in case of another shutdown. The alleged owner of Silkroad 2.0 was also arrested and the site was shut down.

Despite the shutdown of Silkroad, other darknet markets continue to emerge. In an investigation that was carried out about the darknet markets, it was discovered that not everyone who buys from there wants to do so. Some may need prescription medications which are expensive in local pharmacies hence they turn to darknet markets where they are cheaper.

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Silk Road Meth Dealer Gets Lighter Sentence

ANNOUNCEMENT: Since the Silk Road 2.0 bust by the feds a few other Darknet Markets have fallen. Silk Road 3 is up and running with a big selection of goods.

>> Click here to find the Silk Road 3 Guide <<
Canada’s biggest online meth dealer Jason Weld Hagen probably just got the biggest break of his life. Hagen, known to online drug community as the biggest meth dealer operated under the handle “Hammertime” on Silkroad, the darknet site that once ruled the online black market for drugs, was given a lighter sentence in the light of revelations of corruption perpetrated by the very law enforcement agents investigating Silkroad.

Federal Investigation Into Silkroad and Hagen’s Arrest

The official investigation on the drug dealings of Hagen and his associates started in the later part of 2011 after Homeland Security Investigation special agents received information about Silkroad, an underground online marketplace for buying and selling drugs, other illegal substances and illegal services. The Baltimore Silkroad Task Force was subsequently created, and was composed of agents from the US Secret Service, the Drug Enforcement Administration (DEA), the US Postal Inspection Services and the Internal Revenue Services.

Crystal Meth

Task force investigations revealed that Silkroad has been operating since 2011 and has close to a million users who have conducted at least 1.2 billion in transactions. Silkroad offered a safe online place for drug dealers and suppliers to sell to buyers from all over the world, undetected by law enforcement authorities, since transactions where conducted through The Onion Router. Because users were able to mask their IP addresses when they logged into the Silkroad network, the transactions done through Silkroad were completely anonymous. The task force shut down the website in October 2013 and arrested Silkroad administrator and owner Ross William Ulbricht in October 1. The Silkroad creator was convicted in February for drug trafficking, money laundering, computer hacking and operation of a criminal enterprise. His arrest led to the seizures of servers that offered investigators information about the biggest players on Silkroad, Hagen and his team included. Arrests of illegal sellers, including those of Hagen and his group, were conducted after Silkroad was shut down.


Hagen and four others, namely Chelsea Leah Reder, Richard Egan Webster and Donald Bechen, all Portland residents, were indicted according to an official announcement made by US Attorney for Oregon, Amanda Marshall. The charges involved conspiracy to distribute meth over the internet through Silkroad, the conspiracy to export meth to other countries and international and domestic money laundering. The indictment contains allegations that the group used anonymizing software such as Pretty Good Privacy and TOR to sell meth on Silkroad for bitcoin payments. Transactions on Silkroad reached as far as Australia, Canada, the Czech Republic, the UK and Italy. They allegedly converted the bitcoin payments to US currency by using electronic money transfer systems like PayPal and Western Union. The group allegedly sold the drug in small increments, usually a half gram at a time. These were shipped inside DVD cases labeled “South Beach Workout.”

Allegations of Corruption

Gavel Hammer
Allegations of corruption and finally admission by members of the task force that investigated Hagen and other Silkroad distributors resulted to a lesser sentence for Hagen and his co-accused. Former US Secret Service agent Shaun Bridges pleaded guilty to charges that include money laundering and obstruction, along with DEA agent Carl Mark Force IV, who is charged with extortion, theft of government property, money laundering, conflict of interest and wire fraud. Bridges apparently stole more than $800,000 in bitcoins during the Silkroad investigation and diverted these to his own accounts. He has since resigned his post in March and according to his lawyer, accepts complete responsibility for his actions. Force IV was an undercover agent in the investigation who used the handles “Nob,” “French Maid,” and “Death from Above.” He sold information to Ulbricht about the investigation and stored the payments in his personal accounts, accumulating enough money to pay off his mortgage, a government loan and stash up to $235, 000 to an offshore account. Both agents also allowed Ulbricht to believe that Curtis Green, a Silkroad employee was behind the stolen bitcoins. Force IV was hired by the latter to kill Green, and both agents staged Green’s murder, sending Ulbricht death-proof photos which were later used in his prosecution.

Hagen Gets Lighter Sentence

Hagen pleaded guilty to running the drug and money laundering conspiracy in February. Due to the taint corruption and illegal activities perpetrated by no less than members of the task force, US Attorneys Martin and Haub recommended reduced punishment for Hagen and the other members of his group. They recommended that Hagen be given three years and a month in prison instead of the six years mandated by federal sentencing guidelines. Judge Jones expressed his dismay by saying that Hagen did not deserve the penalty reduction because he distributed the drug to people all over the world. However, he agreed with the recommendation and sentenced Hagen to the recommended 37 months plus five years of court supervision. Because Hagen had already spent 16 months in jail pending resolution of his case, he is expected to be out by mid-2017. Noel Grefenson, his lawyer told the court that to his credit, Hagen had come clean to his family and had taken a hard look at his actions and the double life that caused trouble for him and his family. Hagen, for his part, apologized to his family, telling them that he has become a better man after being caught, and concluded by thanking the government. Judge Jones, however, maintained that the crimes Hagen committed were egregious and that it was hard to give him credit because the government made mistakes.

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Silk Road 3.0, Will It Regain The Marketplace Left By DPR?

ANNOUNCEMENT: Since the Silk Road 2.0 bust by the feds a few other Darknet Markets have fallen. Silk Road 3 is up and running with a big selection of goods.

>> Click here to find the Silk Road 3 Guide <<

Approximately five months after the original Silkroad founder, Ross Ulbricht, was sentenced to life imprisonment, another darknet site known as the Silk Road 3.0 has been attempting to use the Silkroad marketplace’s brand recognition to attract new customers. It follows in the footsteps of Silkroad 2.0 which was also closed in November last year by federal agents.

After a rather shaky start caused by assertions that it was a honeypot site created by FBI, Silkroad 3.0 has since grown to feature more than 100,000 users who trade in everything imaginable including cocaine, methamphetamine and marijuana. The latest reports show that it has around 2,500 drug listings, as well as other items like fake ID and stolen credit card details.


Their introductory page reads that the ite is an anonymous, professional and peaceful bazaar selling all types of products and services. The admin is honored to welcome users to their online community where everyone is truly free with no judgement, censorship or repercussions allowed.

Silkroad 3.0 follows the same blueprint that was started by its predecessors, using a similar title as that which Ulbricht used in his site. The portal employs a user rating policy to ensure that all products being sold are of the highest standards possible, this information is displayed on each seller’s profile page so that future buyers can decide where to buy their items. This system makes buying drugs through the net much safer than when doing so in person.

The Silkroad 3.0 continuously improves its operational security in order to stay ahead of cops who may want to close it. The high level of safety provided for traders has been key in ensuring growth and popularity of the site, despite its relatively few months of operation. Though law enforcement has shown great interest in Silkroad, sometimes even more than customers who buy drugs there, the site has still continued its operations uninterrupted due to the tough security measures it employs.


Benthall and Ulbricht
This website is continuing the legacy that was left behind by Ulbricht and Benthall following their incarcerations, which according to the admin was meant to instill fear as opposed to serving justice. Those who work for it say that their operations are a matter of balancing risk and reward, since cops are still on their case despite the current peace being enjoyed. Users are assured of flexible trading hours since Silkroad 3.0 is available throughout the day and night.

Being an online crypto market for narcotics, the portal can only be accessed by those who use Tor hidden service. Nevertheless, Silkroad 3.0 isn’t an absolutely new marketplace, but was already existing by the name of Diabolus Market where it operated as a “cannabis only” platform before the rebranding. Which was meant to capitalize on public interest triggered by news of the original Silkroad. During its launch, the new administrators claimed that they were actively working with a former staff member of Silkroad 2.0, though this information has not been confirmed yet.

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Online Drugs Selling 2 Years After The Silk Road Demise

ANNOUNCEMENT: Since the Silk Road 2.0 bust by the feds a few other Darknet Markets have fallen. Silk Road 3 is up and running with a big selection of goods.

>> Click here to find the Silk Road 3 Guide <<
It’s been 2yrs. since federal cops apprehended the Silk Road founder Ross Ulbricht at a San Francisco public library, bringing an end to his online marketplace business. Despite all this the darknet market’s vision of unrestricted commerce still continues living on.

Without too much effort, anyone with web access can buy illegal drugs from approved vendors on the deep web. More than half of all anonymous drug sites implement websites with templates that closely resemble that of Silk Road, from simple things such as formatting to user policy. Dread Pirate Roberts’ site created some form of status quo which other actors are now following suit, the complexity of setting up a new marketplace has been reduced to just imitating them.

Most darknet markets operate briskly, and have relatively stable daily sales averaging at around $300,000-$500,000. This marks a huge growth from when Silk Road was still experimenting with sales of hallucinogenic mushrooms in 2011. These sites offer dealers more product reliability, while at the same time removing the risk of confrontation or physical violence in face-to-face meetings with customers. Though some of these Silk Road successors host products such as stolen credit cards and Netflix accounts, most listings still focus on drugs which dealers ship through ordinary postal mail.

Silk Road Marketplace

Marijuana typically accounts for a quarter of the overall sales found in these sites, closely followed by MDMA which is also referred to as Molly or ecstasy. Nevertheless, since the closure of Silk Road, theft by new market operators, conning by fellow vendors and arrest by state authorities have posed significant risks for market players. Generally, market activity tends to slump when law enforcers bust a few of them or massive scams are reported, but then rebound a short while later with new trendsetters.

One of the largest dark web sites to pick up from Silk Road was Evolution, however it recently closed down after administrators were suspected of pilfering cash payments stored in escrow intended for traders. Agora also shut down its operations in August for purported security upgrades, with operators cautioning account holders to withdraw their funds before the process begins. The main strategy which new operators are employing is not to stay in business for too long, there’s a considerably high demand for these services so vendors will still continue taking financial risks.

The current market leader is AlphaBay Market, closely followed by Abraxas and Nucleus Market which have both grown significantly since Agora was closed. Latest reports show that AlphaBay has around 21,372 drug listings, while Abraxas has 16,000 and Nucleus nearly 13,000. Though these listings don’t directly correlate with sales volume, to a certain extent they reflect some level of growth in darknet operations.

Those who buy drugs from these sites aren’t always timid about discussing their experiences, customers use special forums and reddit to talk about their successes and even warn others when cops intercept a package. Sales on these platforms appear to be robust, though the overall growth appears to be explosive, particularly taking into consideration the large international market for narcotics.

One thing that’s coming out clear after 2yrs. is that the online drug trade problem hasn’t gotten worse than before, since new markets emerge and go while others are caught in fraudulent activities of taking people’s money and shutting down. Even so, key sets of evidence that were used against Ross Ulbricht during the Silk Road trial may prove crucial for would-be operators to avoid being caught as well. For instance, it’s a bad idea for administrators to openly tell friends what they are doing all the time, or keep a detailed journal of their work which can be used to leak IP addresses over to another server.

Nevertheless, security isn’t always guaranteed when using darknet sites. The apprehension of Blake Benthall from Silk Road 2.0 just goes to show that future operators can be even less careful than their predecessors; feds reportedly infiltrated Silk Road 2.0 and identified its servers by configuring Tor network’s structure of hiding user IP details. During his arrest, Benthall lived large but did the mistake of directly connecting to his personal server regularly from the hotel room when traveling.

The Silk Road case also laid a roadmap for future prosecutions involving the bitcoin currency. Before this trial, prosecutors didn’t know that bitcoin wallet files don’t just represent the amount of bitcoins to be seized, but can as well index the entire transaction history which was used for bitcoins. Ulbricht wasn’t keen enough to take matters in his own hands and conceal the virtual currency he transferred to his own wallet.

Most people who buy drugs online risk life imprisonment and tough federal penalties, but they still continue with their business since there are no available avenues of buying narcotics legally. Others just do it for the thrill of defying government orders. A couple of lessons are emerging from the Silk Road case, including that it would be wise for darknet operators to reside outside America, probably in a foreign jurisdiction unlikely to collaborate with U.S authorities.

Silk Road was developed by an amateur script language PHP programmer who made lots of mistakes; current market operators probably enjoy better internet protection and more layers of anonymity for maximum safety even when the server is breached. After Silk Road’s 2-yr. reign as the undisputed trusted leader, some dark web sites appear to forgo some level of privacy in exchange for improved reputation, including subtle changes such as giving more specific time-stamps for online customer reviews.

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Illicit Drugs On The Darknet

ANNOUNCEMENT: Since the Silk Road 2.0 bust by the feds a few other Darknet Markets have fallen. The best Darknet Market available is the Agora Marketplace. It has the best reputation and a bigger selection of goods than Silk Road 2.0.

>> Click here to find the best alternative: Agora Marketplace <<

Years ago, more specifically two years ago, the underground industry of illicit drug trade suffered a major setback following the closure of the infamous online drug bazaar- Silkroad. And whileDark Net Drugs Silkroad might have gone under, its shutdown has not in any way deterred the progressive use of darknetmarkets for purchasing illegal drugs from taking shape. If anything, most cryptographers learned a crucial lesson from the Silkroad take down, and have come up with almost water-tight secure underground sites. This has made it even harder for authorities and law enforcers to suppress the vice successfully.

These new sites, which have spawned from Silkroad, are also characterized by a hive of illegal activities ranging from counterfeiting, revenge pornography to gambling. And this has made them a good breeding ground for illicit drugs trading.

According to the data findings from Grams, one of the numerous dark web search engines, here is a rough breakdown of the cost of illicit drugs on the darknet today.

a) An ounce of marijuana goes for around $215.31.

b) The price of one gram of cocaine averages around $97.39.

c) A single gram of MDMA fetches a median price of $37.07.

d) A 30-pack of Adderall (a euphoric drug) has a price tag of $183.46. Which, of course, means that a single pack costs $6.12.

e) A 10-pack of Oxycontin is priced at $248.15 in most illegal drugs bazaars.

Grams DarkNet

Nonetheless, it is worth noting that some of these prices bear some correlation to the ones found on Silkroad two or three years ago. Before it was rooted out, Silkroad was by far the most prominent online marketplace for illegal substances.

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Drug Listing On Silk Road

ANNOUNCEMENT: Since the Silkroad 2.0 bust by the feds a few other Darknet Markets have fallen. The best Darknet Market available is the Agora Marketplace. It has the best reputation and a bigger selection of goods than Silkroad 2.0.

>> Click here to find the best alternative: Agora Marketplace <<

There might be some debate about what were the most popular drugs that were sold on the Silkroad, the online darknet market whose founder was recently sentenced to life in prison without parole? A study that was conducted by Professor Nicolas Christin, a Carnegie Mellon researcher, provides an answer. Christin’s research focuses on online crime and computer security and he’s the first researcher to come up with real measurements on Silk Road.

Professor Nicolas Christin
Silkroad founder Ross Ulbricht, who used the nom de guerre “Dread Pirate Roberts”, was sentenced on Friday 29 May 2015. He had faced a minimum of twenty years in prison after being found guilty on a range of charges, from money laundering to drug trafficking.

Nicolas and his team analyzed Silkroad daily from February 2012 to July 2012, and looked at the sale of approximately 24000 items. He and his team used a website crawling system and were able to create a detailed picture of the kind of goods that were being sold on the Silkroad and the revenues made by operators and sellers.

The team discovered that Silkroad was mainly used as a market for narcotics and controlled substances, including marijuana, cocaine and ecstasy. Marijuana was the top selling drug and it represented 13.7% percent of sales. “Drugs” (that encompassed a wide range of illegal narcotics not further categorized by the sellers) represented 9%, “prescription” was 7.3%, cocaine 2.6%, MDMA 1.6% and heroin 1.5%.

Nicolas Christin notes in his paper that sixteen of the top twenty categories on the Silkroad are drug related, with “soft drugs” such as marijuana outselling “hard drugs” such as opiates. Nicolas wrote that “this presumably simply reflects market demand”.

According to the FBI, other categories, such as “digital goods” and “services” also offered illicit purchases such as pirated content and hacking services. The large “books” category included titles such as “Hacking for Beginners”. The 4th nondrug category was erotica.

BitcoinThe paper estimates Silkroad’s daily sales by counting the site’s customer feedback and using the average item prices, coming to an average daily volume of approximately 7700 bitcoins per day, or $ 1.22 million per month. At this rate, the Silkroad would have sold over $ 40 million in the thirty four months it was in operation.

That would not be surprising, since the average daily sales increased by 44% in just the months that were measured in the study, and most of the customers seemed to be satisfied with their purchasing experiences—around 98% of all posted feedback was positive.

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Accused Silk Road Moderator Sentenced To Time Served

ANNOUNCEMENT: Since the Silk Road 2.0 bust by the feds a few other Darknet Markets have fallen. The best Darknet Market available is the Agora Marketplace. It has the best reputation and a bigger selection of goods than Silk Road 2.0.

>> Click here to find the best alternative: Agora Marketplace <<

Peter Phillip NashThe Australian man, Peter Phillip Nash, charged of operating the once famous darknet drug site, the Silk Road, has been sentenced to time served on Tuesday. The 42 years old who had pleaded guilty on March to a US District Court in New York on charges brought against him for money laundering and narcotic trafficking conspiracy. He was initially facing a life sentence when he was arrested. According to prosecutors, he played a minimal role in the site and had an impressive history helping individuals with physical and mental disabilities. He personally never sold drugs but did bring in cocaine to feed his own addiction. During the day, he worked as a senior manager for the Forensic Disability Service.

The prosecutors had asked for a jail term of between 10 to 12.5 years. However, this was an argument opposed by his lawyers who claim the 18 months Nash had spent in jail in both Australia and US must be considered.

Nash worked on the Silk Road site as the forum moderator. As the forum moderator, Nash was responsible for monitoring user’s forums online and guiding them appropriately. He guided customers on how they can effectively conduct business on the site. He was also responsible for reporting any form of problems to the administration. According to the court, Nash took the role for ten months starting on January 2013 to October 2013. Such a position attracted salaries ranging from $50,000 to $75,000 a year. Peter Nash used to go by various names on the darknet site among them the “Batman73”, “Samesamebutdifferent”, “Anonymousasshit” and “Symmetry”.

Grams The Silk Road which used bitcoins to conduct transactions had generated $17.3 million in sales of cocaine, $8.9 million in heroin and $8.1 million in methamphetamine.

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The Dark Web And The Silk Road Marketplace

ANNOUNCEMENT: Since the Silkroad 2.0 bust by the feds a few other Darknet Markets have fallen. The best Darknet Market available is the Agora Marketplace. It has the best reputation and a bigger selection of goods than Silkroad 2.0.

>> Click here to find the best alternative: Agora Marketplace <<

FBIStudies show that a typical web user can only access 0.03% of all available online content; the other portion is hidden and comes in form of dark web sites such as the Silk Road. It’s impossible to access these portals through regular browsers, only a special search engine known to users can perform this task and Tor is one of them. Recently, file downloads from this program have been on a sharp increase amidst speculations that both US and UK Intelligence agencies are actively monitoring standard web traffic.

Silk Road is one of the most successful dark web stories, it was run by an administrator who went by the pseudonym “Dread Pirate Roberts” but was soon discovered and shut down by FBI agents in 2013. The site was relaunched, Silk Road 2.0, but in 2014 it was also shut down and arrested its alleged operator as part of “Operation Onymous”. The original Silk Road creator,  and is currently facing a court conviction.

There are many other dark web marketplaces similar to Silk Road which operates as “onion domains”, which means that the service provider and user constantly remain anonymous throughout a search session. Their physical location and browsing history can be difficult to trace. This phenomenal poses a huge security threat since criminals can trade anything online, including drugs and weapons.

DarknetAccording to one security researcher, there are currently more than 300 criminals arrested who had been operating on darknet sites similar to Silk Road. The expert further says that this is just a drop in the ocean, since there are many other felons who use such underground platforms to conduct illicit businesses.

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