Silkroad closed down. Owner Arrested.

[Severian]

can now be tracked? i don't understand. blockchain was always public.... the feds are already holding the "marked" money -- how does that help them going forward?

The blockchain is public but the info is meaningless unless real world info can be attached to it. These coins can now be used in fake buying operations or any other entrapment in order to gather intel.

[1715455204]

1715455204

[1715455204]

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[1715455204]

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[Carlton Banks]

It would be pretty amusing if the site came back up again, DPR claiming that his "decoy" had worked, or some such story. Funny as well as thought provoking.

[Nemesis]

can now be tracked? i don't understand. blockchain was always public.... the feds are already holding the "marked" money -- how does that help them going forward?

The blockchain is public but the info is meaningless unless real world info can be attached to it. These coins can now be used in fake buying operations or any other entrapment in order to gather intel.

You're stupid to think they didnt already do that b4 the seize.

You must think the feds are some poor college kid living in his mom's basement like you, dont you.

[Qoheleth]

I seem to be missing the word "arrest".  Most likely through some manipulation of tor they were able to find and break into the server.   That "wealth of information" probably led to clues which led to more which eventually led to them making the arrest not in July but yesterday.

Read the whole article. I'll quote more for you.

The government says it identified Ulbricht after a routine border search of a package that contained nine counterfeit IDs. The package was shipped from Canada to an address in San Francisco. When the government visited the San Francisco address, they found Ulbricht there.

The government then identified the primary Silk Road server and obtained an image of its hard drive in July, providing the federal government with a wealth of information about the Silk Road's operations.

It says because of the fake id's they found him there, then they talk about finding the server, and they mention July.

If that narrative is to be believed, it sure adds lovely poetic overtones to that September DPR response to Atlantis's closure.

[Severian]

babble and ad hominem edited

plonk.

[Bitcoinreminder.com]

Goddamit!

Just like DPR got fucked over by technology, so did I!

I had both http://www.bitcoin-tools.de/index.html AND http://namcdn.com/btcalarm/
running on Firefox AND Opera with alarms set to under 137$ and they all failed me!

Dammit.

Maybe you should have tried our service under www.bitcoinreminder.com

[wtfvanity]

I seem to be missing the word "arrest".  Most likely through some manipulation of tor they were able to find and break into the server.   That "wealth of information" probably led to clues which led to more which eventually led to them making the arrest not in July but yesterday.

Read the whole article. I'll quote more for you.

The government says it identified Ulbricht after a routine border search of a package that contained nine counterfeit IDs. The package was shipped from Canada to an address in San Francisco. When the government visited the San Francisco address, they found Ulbricht there.

The government then identified the primary Silk Road server and obtained an image of its hard drive in July, providing the federal government with a wealth of information about the Silk Road's operations.

It says because of the fake id's they found him there, then they talk about finding the server, and they mention July.

If that narrative is to be believed, it sure adds lovely poetic overtones to that September DPR response to Atlantis's closure.

Indeed.

[dserrano5]

Is anyone curious as to why the SR logo is in the background of the seizure notice?? In past FBI seizure's the logo has never appeared.

Do an images search for domain seized. They have FBI logos on them, all the agencies involved. I've never seen the company that they seized their logo in the background, and have never seen it for a hidden service.

I think they are so FUCKING PROUD of having shut down SR that they couldn't resist to leave a camel there. "Hey we did it! Fuck you all!"

[HeliKopterBen]

So the crash was caused by good news?  lol  

[driksson]

So the crash was caused by good news?  lol  

or by huge sales amounts. which i believe can be confiscated wallets as written in the report. why not sell and pay off part of us govt debt?

[wtfvanity]

So the crash was caused by good news?  lol  

or by huge sales amounts. which i believe can be confiscated wallets as written in the report. why not sell and pay off part of us govt debt?

If they held onto them for a few years, they could pay off the entire national debt with them!

[bomboclat77]

So the crash was caused by good news?  lol  

or by huge sales amounts. which i believe can be confiscated wallets as written in the report. why not sell and pay off part of us govt debt?

fund the cia black ops.

[teletobi]

So the crash was caused by good news?  lol  

Of Course, "Sell on good News!"

[BitCoiner2012]

So the crash was caused by good news?  lol  

or by huge sales amounts. which i believe can be confiscated wallets as written in the report. why not sell and pay off part of us govt debt?

If they held onto them for a few years, they could pay off the entire national debt with them!

You clearly don't have good comprehension of the liabilities the US government is facing...

[anonymous_acc]

Three onions domains are closed:
http://[removed].onion

http://[removed].onion

http://[removed].onion




But another two silkroad's clones are up:

http://[removed].onion - The Silk Road Anonymous Market

http://[removed].onion - Silk Road forums - Index

Edit: links removed, is it logical in this light? By the links you can get FBI's jpg. And two unknown clones of silk.

[Carlton Banks]

Three onions domains are closed:
http://[removed].onion

http://[removed].onion

http://[removed].onion




But another two silkroad's clones are up:

http://[removed].onion - The Silk Road Anonymous Market

http://[removed].onion - Silk Road forums - Index

Honey trap or Dead Man's Switch? Time will tell...

I think I'm cancelling my Silk Road speedball subscription for now 

[Phinnaeus Gage]

"All told, the site has generated sales revenue totaling over 9.5 million Bitcoins and collected commissions from these sales totaling over 600,000 Bitcoins. Although the value of Bitcoins has varied significantly during the site's lifetime, these figures are roughly equivalent today to approximately $1.2 billion in sales and approximately $80 million in commissions."

Does this mean that 600,000 BTC (give or take) is off the "market"?  Holy crap - if those coins are gone, the value could skyrocket!

[wtfvanity]

So the crash was caused by good news?  lol  

or by huge sales amounts. which i believe can be confiscated wallets as written in the report. why not sell and pay off part of us govt debt?

If they held onto them for a few years, they could pay off the entire national debt with them!

You clearly don't have good comprehension of the liabilities the US government is facing...

Or I'm incredibly bullish!

[Odalv]

Bitcoin too big for this event to make a significant drop in price.

IMO the most interesting question is how was SR busted.
From what I've read the owner was very cautious. Is the TOR network broken?

seems, no. :-)

https://bitcointalk.org/index.php?topic=47811.msg568744#msg568744

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Compensation can be in the form of equity or a salary, or somewhere in-between.

If interested, please send your answers to the following questions to rossulbricht at gmail dot com

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rossulbricht@gmail.com

[CoinDiver]

Any recent major transactions that show the feds have actually taken the funds?