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Crisis on the Silk Road: If you can't trust Britain's biggest online drug dealer, who can you trust?
Telegraph
By Willard Foxton Internet Last updated: January 24th, 2013
With reader comments
Over the weekend, Britain's biggest seller of marijuana on the illegal but very successful online drug-dealing website Silk Road (SR, to those in the know) seems to have cut and run, disappearing from SR with a huge amount of his customer's money. Alarm bells were raised when the seller, known for his reliability, began asking for people to buy his product "FE" – Finalising Early.
This process – which bypasses SR's protection mechanisms – releases the buyer's funds from escrow into the seller's hands before they ship anything. Hardened users of the SR website see this as a huge warning sign, but this seller had one of the best track records on the site. The seller seems to have absconded with several weeks' worth of money; certainly, the administrators of the site have suspended his account.
As one user said: "This has played out like a typical cut-and-run scam. SR would not suspend an account without serious reason for concern, so its suggests that something dodgy was going on. I could speculate as to what happened but the simplest explanation is usually right: scam."
More...
http://blogs.telegraph.co.uk/techno...biggest-online-drug-dealer-who-can-you-trust/
