The Rise and Fall of Silk Road: The Dark Web's Infamous Marketplace

🌐Silk Road operated on the dark web, a hidden part of the internet, allowing users to buy and sell illegal drugs and goods anonymously

💰Over two years and ten months, Silk Road processed nearly $214 million in sales using bitcoin

⚖️Ross Ulbricht, aka Dread Pirate Roberts, was the mastermind behind Silk Road and held a libertarian mindset

🚫Ulbricht's desire for anonymity led to his downfall as he left digital breadcrumbs that ultimately resulted in his arrest

🔒Silk Road used encryption, the Tor network, and cryptocurrency to maintain users' anonymity and security

What was Silk Road?

—Silk Road was an online marketplace on the dark web where users could buy and sell illegal drugs and goods anonymously using bitcoin.

Who created Silk Road?

—Silk Road was created by Ross Ulbricht, also known as Dread Pirate Roberts.

How much money did Silk Road process in sales?

—Silk Road processed nearly $214 million in sales over two years and ten months.

How did Silk Road operate on the dark web?

—Silk Road operated on the dark web, a hidden part of the internet, using encryption, the Tor network, and cryptocurrency for anonymity and security.

What led to the downfall of Silk Road?

—Ross Ulbricht's desire for anonymity led to his downfall as he left digital breadcrumbs that authorities were able to trace back to him.

00:00Federal agents entered a public library in San Francisco and arrested Ross Ulbricht, the mastermind behind Silk Road.

00:38Silk Road processed nearly $214 million in sales over two years and ten months using bitcoin.

02:32Silk Road operated on the dark web, a hidden part of the internet that allowed for anonymous buying and selling.

04:36Ulbricht's desire for anonymity led to his downfall as he left digital breadcrumbs that ultimately resulted in his arrest.

11:12Ulbricht's online posts and the discovery of fake IDs linked him to Silk Road as Dread Pirate Roberts.