Silk Road Closed, Master Mind Arrested, End Of the Biggest Online Black Market


Bangalore: FBI has seized the website, considered as one of the most popular places on the internet for drugs, illicit goods and murder-for-hire. The master mind behind it, Ross William Ulbricht, notorious as "Dread Pirate Roberts," has been arrested. 

The website called “Silk Road” was designed on the Tor, the secure network where messages are routed through multiple destinations making it nigh impossible to know where they originate from. It was been a popular platform for drug dealers around the world to anonymously sell narcotics— including heroin, LSD and cocaine. It was also a "sprawling black market bazaar" for buying and selling other illegal activities, including malicious software used for computer hacking, or hiring a contract killer, as per the federal authorities.

All the transactions on the site happened through BitCoins, the encrypted digital money, which, like Silk Road was famous for its anonymity.

Read Also: Microsoft Investors Force Chairman Bill Gates to Step Down and Companies To Spend An Average $19 Million On Social Media In 2013