The US Marshals will auction $11.85m in bitcoins in connection with a civil forfeiture action against and the criminal conviction of Ross Ulbricht.
A jury in New York ruled Silk Road creator Ross Ulbricht guilty on all charges including money laundering, drug trafficking and computer hacking.
Federal investigators have confirmed that Brian Richard Farrell has been arrested in connection with black market website Silk Road 2.0.
Robert Faiella, the bitcoin trader charged alongside BitInstant CEO Charlie Shrem, has been sentenced to four years imprisonment in a New York court.
Today in court, a witness from the US Department of Homeland Security claimed that Mark Karpeles was once suspected to be Dread Pirate Roberts.
Accused Silk Road mastermind Ross Ulbricht stood trial today for charges stemming from his alleged involvement in the online black market.
Charlie Shrem has been sentenced to two years in prison after pleading guilty to aiding and abetting an unlicensed money transmitting business.
New data reveals bidder participation in the second US Marshals Service bitcoin auction has declined significantly from the first.
The second USMS auction of 50,000 BTC is attracting many of the same bidders, if less fanfare.
Operation Onymous seized more than 100 'cloned' sites, where no illicit trading was taking place, a security researcher has found.