• bitcoin use in dark markets growing
    Bitcoin

    Criminals are using bitcoin more than ever for illegal activity

    If police shut down one darknet market, another one opens

    After a small dip in criminal activity in 2018, total dark market activity, which included mainly drug sales but also things like stolen credit cards, soared 70% in 2019 to more than $790 million, according to a report released Tuesday by cryptocurrency forensic firm Chainalysis. 

  • Ross Ulbricht, July 2018 (via FreeRoss.org)
    Bitcoin,  Opinion

    Bitcoin criminal Ross Ulbricht does not like prison

    Thursday’s Medium post was a new move aimed at humanizing a person who did most of his crimes under a screen name from behind a computer

    Time’s are tough for Silk Road Founder and hitman-hirer Ross Ulbricht. He is serving double-life plus 40 years without the possibility of parole for running a website that sold guns, drugs, and murders for bitcoin. Now he wants the world to see prisoners through his own eyes. It’s not going well.

  • Craig Wright
    Bitcoin

    A simple timestamp on an email may cost Craig Wright $6 billion

    Cybersecurity expert who nailed Silk Road’s founder might have proved Craig Wright isn’t Satoshi Nakamoto

    Matthew Edman, the cybersecurity expert who took down crypto kingpin Ross Ulbricht, has now set his sites on nChain’s Craig Wright. The estate of Wright’s former partner is suing him for billions of dollars. Modern Consensus has acquired a signed affidavit from Edman which accuses Wright of submitting a provably forged email.

  • Ross Ulbricht, July 2018 (via FreeRoss.org)
    Innovators,  United States

    Famed crypto convict Ross Ulbricht starting rock band in prison

    Is the band name ‘The Silk Roads’ already taken?

    Programmer Ross Ulbricht is serving a double-life sentence for starting The Silk Road, a website on the dark web that traded guns and drugs for crypto. Prosecutors also have evidence of six murder-for-hire schemes that he has not been charged with. More than any other single person including Satoshi Nakamoto, Ulbricht is responsible for the widespread adoption of cryptocurrency. And, according to his Twitter feed, he is also learning how to rock.