Holy fuck, from RT (http://rt.com/usa/silk-road-bitcoin-shut-650/)
Authorities have arrested a man in San Francisco, California accused of operating an underground website that allowed users to purchase guns and drugs from around the world using encrypted, digital currency.
Ross William Ulbricht, also known as “Dread Pirate Roberts,” was arrested by the Federal Bureau of Investigation on Tuesday for his alleged involvement in the Silk Road online marketplace, according to court papers published this week.
A sealed complaint dated September 27 was unearthed by security researcher Brian Krebs in which Ulbricht is accused of narcotics trafficking conspiracy, computer hacking conspiracy money laundering conspiracy and more.
According to prosecutors, Ulbricht aided in the trafficking of controlled substances from January 2011 up until last week. The authorities say that the narcotics moved through the Silk Road site included 1 kilogram of heroin, 5 kilograms of cocaine, 10 grams of LSD and 500 grams of methamphetamine.
Additionally, prosecutors say Ulbricht solicited a Silk Road user in March of this year to “execute a murder-for-hire.” The would-be victim, according to the FBI, was another use of the website who “threatened to release the identities of thousands of users of the site.”
By relying on users to conduct deals through anonymizing software and with the encrypted Bitcoin digital currency, Silk Road has made waves since 2011 as an online hub for illegal activity. Prior to being shut down, customers computer savvy enough to navigate through the site were presented with a plethora of products to be purchased using Bitcoin, including illegal firearms, drugs or, reportedly, assassins.