FBI raids alleged online drug market Silk Road, arrests owner

Four men have been arrested in the UK over their role in illegal online marketplace Silk Road.

Three men in their early 20s were arrested in Manchester while a fourth man, in his 50s, was detained in Devon.

The men were initially arrested on suspicion of drug offences. More arrests are expected in the coming weeks.

http://www.bbc.co.uk/news/technology-24443216
 
I got a stylized fact for you: More people get killed when there's easy access to weapons such as in the US of A. Analoguously, if more people have access to dangerous drugs, more people will take them and die.

Dangerous drugs being the ones that are cut with god-knows-what, right? Often sold by people who know nothing about them or what's in them..
 
I got a stylized fact for you: More people get killed when there's easy access to weapons such as in the US of A. Analoguously, if more people have access to dangerous drugs, more people will take them and die.

Oh yeah. Please enlighten me, what are these dangerous drugs you speak of? Please tell me, because each time I hear that notion "dangerous" I wonder. Is it not APAP sold on the shelves that causes liver damage overnight, is it not Ibuprofen that rips your insides out, but you do not know until it is too late, or is that they are combined with addictive painkillers so people don't "take too much", oh wait, these are over the counter right now and sold combined purposefully so if you do take too much, too late you got high - you must now pay the price and die.

Or is it the fact that the drugs my son bought form the street just comes in a clear bag and he has no idea what he bought? Is that what you consider less dangerous, because not everyone has access? So that one person can pay the price that does have access? rofl
 
Four men have been arrested in the UK over their role in illegal online marketplace Silk Road.

Three men in their early 20s were arrested in Manchester while a fourth man, in his 50s, was detained in Devon.

The men were initially arrested on suspicion of drug offences. More arrests are expected in the coming weeks.

http://www.bbc.co.uk/news/technology-24443216

2 Swedish arrested for selling weed on Silk Road

http://www.aftonbladet.se/senastenytt/ttnyheter/inrikes/article17617871.ab

It seems a lot of people who were vending/selling on the road must have been buying off other SR sellers, only way there address could have been visible. FBI did have every PM sent though Im sure it wasn't hard.
 
2 Swedish arrested for selling weed on Silk Road

http://www.aftonbladet.se/senastenytt/ttnyheter/inrikes/article17617871.ab

It seems a lot of people who were vending/selling on the road must have been buying off other SR sellers, only way there address could have been visible. FBI did have every PM sent though Im sure it wasn't hard.



"Last week 40-year-old Steven Lloyd Sadler was arrested in Seattle. He is alleged to be one of the most prolific sellers on the Silk Road."

Which username are we fancying this to be then? I've been waiting to hear if anything what the news on Googleyed1 is, I know he was one of the top ones on there. Although I very much doubt he was arrested in Seattle.
 
I wish I could work out PGP, but unfortunately my computer illiteracy makes it a nightmare. And I'm not too sure I want to order anything from the newer sites without it.

Even me who is if i say so myself a pretty good computer "hobbyist" has made a pgp key...not sure what to do with it...now enigmail addon on thunderbird doesnt tell me any error message but thats about it, have no idea what to do from there, but that's an entire different thread...
 
"Last week 40-year-old Steven Lloyd Sadler was arrested in Seattle. He is alleged to be one of the most prolific sellers on the Silk Road."

Which username are we fancying this to be then? I've been waiting to hear if anything what the news on Googleyed1 is, I know he was one of the top ones on there. Although I very much doubt he was arrested in Seattle.

NOD

The seller was known as ‘NOD’ on the illegal marketplace – his real name is Steven Lloyd Sadler - and was among the “top one percent of sellers” on Silk Road.

The authorities connected the drug seller to Silk Road after intercepting a package with cocaine and heroin destined for an Alaskan resident, who agreed to cooperate with the authorities to reduce his own sentence. He admitted to have purchased the drugs from ‘NOD’ via the illegal marketplace.

http://bitcoinexaminer.org/bitcoins-were-being-used-at-silk-road-to-buy-drugs-for-assisted-suicides/
 
Yeah I saw it. I hope they publish the names of the vendors they bust like this anyway, just out of interest really. I keep waiting to see GE's real name appear. There's a certain mystique as to who these people are that makes it all so interesting to know.
 
I bet a lot of people won't get busted for 2-3mo they will probably wait so people will emerge out of hiding, start feeling safe and break out the products again. It will also give it time to fade from the media so the don't scare off more prey.

Sucks for many of the bigger players, they probably are wondering how big of a digital trail did they leave ? How much do they know ? Will they knock on the door ?
 
no doubt the main players will be targetted first if doors etc are to go through, they'll surely start higher up & work there way through the top vendors.. if i was any of these vendors id be moving on & starting a new life else where.
 
^ By the sounds of it you'd be pretty stupid not to at this point.

My main worry now is new "honeypot" alternatives or "Silk Road 2.0's" that could be being monitored by the feds...

Does anyone know if the SR forum is still up and running? I haven't used Tor for a while now.
 
there are comments earlier in this thread, culled from the SR forum, so I'd guess it is, for now.

This is the liveliest thread I've ever seen in Media Lol
 
Hypothetically speaking here...if anyone was to order from an SR vendor and receives the package is there not a return address ? Or is it just a bogus address.

If so how do they get the Vendor's addresses...I mean obviously the buyer would have to type their address and send it to the vendor but for the vendors?
 
I doubt that. I suspect, as has already been suggested, that those vendors who were also buyers have had their addresses compromised by someone not having deleted it quickly enough. & I guess anyone else who's traceable & trading large without adequate security effort are amongst the first to feel the heat. I've never used SR but I'd had a look round out of interest & to help complete my knowledge of the onlne trade in drugs & RCs. I feel it's a shame to lose the resource but I seriously do not expect the battle is lost & I'm sure many more, smaller, smarter & harder to detect sites will replace it. SRs downfall was it's size & it's public profile.
 
3/4 of the popular vendors have already moved on to other (similar) sites.

All you need is someone with a little software know-how to integrate and escrow system and you're done.
 
He went to the place all young, hip people go to create a start-up internet company and hopefully hit it rich. He did so, but instead of making a company with millions of users and no revenue, then selling it to some huge company to monetize, he started making a shitload of money. He probably didn't know what to do, didn't imagine how successful he would be and was blinded to the gravity of the whole situation because he was looked at as a god-like figure.

He should have fled the country well before the Forbes interview, but hindsight is always 20/20.

The way they found the large vendors, from my understanding, is by purchasing off them - often with tracking numbers - then triangulating the post offices they used to send the mail and then using simple investigation techniques such as surveillance camera footage.
 
NOD

The authorities connected the drug seller to Silk Road after intercepting a package with cocaine and heroin destined for an Alaskan resident, who agreed to cooperate with the authorities to reduce his own sentence. He admitted to have purchased the drugs from ‘NOD’ via the illegal marketplace.

http://bitcoinexaminer.org/bitcoins-were-being-used-at-silk-road-to-buy-drugs-for-assisted-suicides/

Wait, didn't they have enough information without him cooperating?
I don't get it.
 
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