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The FBI has “Silk Road” closed – a platform where they settled on the criminals their business with the help of Bitcoins. After the police use the crypto currency lost much of their value.
divThe Ebay for the black market is history. The U.S. Justice Department has the trading platform “Silk Road” closed and charged his alleged operators.
The resulting online marketplace in 2011 was known to the trade in illegal goods and services to facilitate – such as drugs, counterfeit money and hacking services. The payments were processed in the virtual currency Bitcoin.
It is probably no coincidence that the Bitcoin price has fallen to about $ 119 on Wednesday. For comparison: the end of September Bitcoin still cost a $ 145
.
About 600,000 Bitcoins worth of $ 1.2 billion flowed through the platform “Silk Road”, which by the plaintiffs as the “most sophisticated and most comprehensive marketplace for criminals on the Internet” was called.
The FBI confiscated 26,000 Bitcoins, the value of which amounts to about $ 3.6 million – according to investigators, the largest Bitcoin yield in history
.
The 29-year-old Ross William Ulbricht was arrested in San Francisco. He is to be the operator of “Silk Road”, there known under the pseudonym “Dread Pirate Roberts”. He is accused of conspiracy to commit drug trafficking, to computer hacking and money laundering.
addition to the man who called himself on Linkedin “investment consultant and entrepreneur”, who issued a death threat against a user who wanted to publish the information on the platform.
While the FBI is celebrating its success, the travelers of the “Silk Road” now meet on the site Reddit and complain about lost money, drugs unfinished business and the falling Bitcoin Exchange .
But what does the ending of “Silk Road” is actually for the popular crypto-currency? Bitcoin established before the general public was enough to herzuhalten for charitable donations and to get their own evil-traded funds, the virtual currency was mainly for use on the “Silk Road” known.
The combination of Bitcoin with illegal business was once a central part of their identity – and is still a need for government controls
.
But Bitcoin needs “Silk Road” anymore. Firstly, there are other online marketplaces on which could be made with Bitcoins also illegal transactions.
Secondly, and perhaps more importantly, nearly 12 million dollars of venture capital investors have bitcoin startups in the three months to June, obtained as reported by Reuters . Bitcoin is likely to be still highly risky, but a customer base for legitimate start-ups and less drug lords can imagine good.
© Axel Springer AG 2013. All rights reserved
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