FBI Seizes Silk Road Darknet Market
- Regulation
- Scam
FBI agents arrested Ross Ulbricht in San Francisco and seized Silk Road, the largest darknet marketplace. The site had processed over 1.2 billion dollars in Bitcoin transactions for illegal goods. The takedown became the first major public demonstration of law enforcement targeting crypto-enabled crime.
Incident Details
- Type
- REGULATORY SEIZURE
- Funds Lost
- $0
- Status
- Resolved
Bitcoin price dipped then recovered as market absorbed the news