The silkroad – FBI makes history with the first online drug seizure

http://www.forbes.com/sites/andygreenberg/2013/10/25/fbi-says-its-seized-20-million-in-bitcoins-from-ross-ulbricht-alleged-owner-of-silk-road/

Just two weeks ago The Silk road, the Internets most popular online black market was seized by the FBI. Along with the site seizure the owner/creator 29 year old Ross Ulbricht was taken into custody on charges of  engaging in a drug trafficking and money laundering conspiracy as well as computer hacking and attempted murder-for-hire. All of which were constant uses of eBay like site, with operations from your local neighborhood drug dealer to international arms dealers, basically if you need a job done, you can find the the person to do it on the silk road. Furthermore “dealers” and customers alike have a feedback system enabled on their profile allowing them to establish credibility in their market. With contract killers on the site, this obviously should be seen as rather sicking. Within 48 hours of the sites seizure The Silk Road 2.0 was up and running again, and hosted in a country where the FBI has no jurisdiction. Thus the ball keeps on rolling.

Personally I don’t feel that there should have been any action taken against the site in the first place. This is due to the fact that the idea will never die, in short once an idea is out there  I believe it’s almost impossible to kill it. What are your thoughts on The seizure and/or The Silk Road in general.

2 thoughts on “The silkroad – FBI makes history with the first online drug seizure

  1. The war on drugs is an abysmal failure across the board.and if people want drugs they will always find them one way or another. The whole contract killing thing is pretty insane though..The money laundering and drugs are one thing but murder for hire is a whole other ball game. One of my first thoughts though is why would you ever operate a service like that and not live in a non extradition country.

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