Bitcoin use in question after Silk Road drug bust
By MIKE YAMAKAWA | October 31, 2013For two years, the Silk Road was an online, underground marketplace for narco-traffickers and other criminals: an eBay for customers interested in purchasing all sorts of illegal drugs and miscellaneous merchandise, including firearms and contract killers. While most commercial websites, such as Amazon, require some form of registration, the Silk Road didn’t require any personal information. The anonymity of Silk Road was the key to attracting thousands of criminals to the online market. Fortunately, after two years of operating in impunity, the FBI was able to shutdown the site on Oct. 2.