Silk Road | ForkLog

ForkLog 9 21.12.2023

U.S. court finalises confiscation of 69,370 BTC from Silk Road darknet market

The U.S. Court of Appeals has formally authorised the confiscation of 69,370 BTC (about $3 billion) belonging to the closed darknet marketplace Silk Road.

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ForkLog 21 02.10.2023

Ross Ulbricht has served the first decade of two life sentences

Silk Road founder Ross Ulbricht has served the first decade in prison of two life sentences handed down in 2015.

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ForkLog 7 13.07.2023

9,800 BTC moved from Silk Road

U.S. authorities have again begun moving the cryptocurrency confiscated from the Silk Road darknet marketplace.

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ForkLog 7 15.04.2023

US resident sentenced to one year and one day for Silk Road fraud involving 50,000 BTC

Judge Paul G. Gardef sentenced Georgia resident James Zhong to one year and one day in prison, and fined $10,000 for stealing 50,000 BTC from the Silk Road dark-web marketplace.

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ForkLog 6 01.04.2023

US government sold 9,861 BTC for about $215.7 million

On March 14, US authorities sold 9,861 BTC for a total of about $215.7 million, according to court filings submitted at the end of the month.

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ForkLog 7 08.03.2023

US-confiscated Silk Road bitcoins move to new wallets worth $1 billion

Analytical company PeckShield tracked the movement of 48,998 BTC ($1.08 billion), confiscated by the US government from the Silk Road darknet marketplace.

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ForkLog 13 07.11.2022

US resident pleads guilty to Silk Road fraud involving 50,000 BTC

A 32-year-old Georgia resident, James Zhong, pleaded guilty to illegally obtaining 50,000 BTC on the Silk Road dark-net marketplace, according to the U.S. Justice Department.

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ForkLog 12 02.11.2022

Bitcoin Magazine opens exhibition in honour of Silk Road founder

Bitcoin Magazine opened in Nashville, Tennessee, USA, an exhibition space dedicated to Silk Road founder Ross Ulbricht.

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ForkLog 8 23.04.2022

U.S. to settle Ross Ulbricht’s debt with seized Bitcoin worth $2.7 billion

U.S. authorities will use seized 69,370 BTC (~$2.75bn) to settle Ross Ulbricht's $183m debt to the state.

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ForkLog 16 03.11.2021

UK court orders confiscation of more than £490,000 in Bitcoin from former Silk Road administrator

A court in the United Kingdom ordered the confiscation from the former administrator of the darknet marketplace Silk Road of £493,550 (about $673,000 at the time of writing) in Bitcoin.

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ForkLog 12 11.02.2021

Elon Musk says Silk Road founder Ross Ulbricht’s sentence is excessive

Tesla and SpaceX founder Elon Musk said that Silk Road founder Ross Ulbricht received a sentence that was too harsh.

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ForkLog 7 20.01.2021

Silk Road founder Ross Ulbricht did not make Trump’s clemency list

US President Donald Trump pardoned 73 people, including former Ripple board member Ken Kurson, according to the White House website. The Silk Road founder Ross Ulbricht did not make the list.

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