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Alleged Silk Road website founder arrested by police in San Francisco

02/10/2013 20:58

Silk Road used Bitcoins to let users pay for drugs - but now police have arrested Ross William Ulbricht, who they say is 'Dread Pirate Roberts', the owner and operator of secret online marketplace.
US authorities have arrested Ross William Ulbricht, 29, alleged to be the owner and operator of Silk Road, the best-known underground marketplace for the trade of illegal drugs on the internet.
The Silk Road website – run by a man using the alias “Dread Pirate Roberts” – acted as a version of eBay for drug dealing: matching buyers and sellers of different substances, allowing them to pay using a virtually untraceable online currency known as Bitcoin. Sellers then shipped the drugs using regular post or courier services.
But on Tuesday, a joint operation of the FBI, police, and prosecutors in New York, arrested Ulbricht, who they allege was behind the Dread Pirate’s mask.
The identity of "Dread Pirate Roberts" - a reference itself to the film The Princess Bride - had been the subject of intense speculation. But with the name of the arrested man made public, there are multiple public social media profiles which appear to belong to Ulbricht.
One Google+ profile contains a posting dated April 2012 asking for “anybody know someone that works for UPS, FedEX, or DHL?” while a YouTube profile contains videos on internet freedom and privacy saved on a playlist marked “for later”, alongside a video titled “How to Get Away With Stealing”.

Source: https://www.theguardian.com/technology/2013/oct/02/alleged-silk-road-website-founder-arrested-bitcoin