A 29 year-old man in Wales has pleaded guilty to five drug charges related to the Silk Road 2.0 marketplace, but did not make a deal with prosecutors.
Federal investigators have confirmed that Brian Richard Farrell has been arrested in connection with black market website Silk Road 2.0.
Operation Onymous seized more than 100 'cloned' sites, where no illicit trading was taking place, a security researcher has found.
The bitcoin price has surged past $400 for the first time since mid-October, gaining over 9% today.
The bitcoin price has risen after a variety of law-enforcement agencies conducted an inter-continental crackdown on dark markets.
Operation Onymous has resulted in a string of arrests and dark web domain shutdowns in the past 48 hours.
Blake Benthall, the alleged operator of Silk Road 2.0, has been arrested and charged in a Manhattan federal court.
The FBI may have taken Silk Road down, but dark markets seem to be booming a year after that marketplace was shuttered.
An advanced DDoS attack has forced online black market Silk Road 2.0 to suspend services to maintain security.
Silk Road 2.0 now estimates all victims who lost bitcoin in its February hack will be repaid by mid-June.