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Silk Road was an infamous online marketplace that operated on the dark web, primarily known for facilitating the sale of illegal goods and services, including drugs, counterfeit items, and hacking services. Launched in February 2011 by an individual using the pseudonym "Dread Pirate Roberts," Silk Road utilized Bitcoin as its primary currency to provide users with a degree of anonymity in transactions. The platform operated on a hidden Tor network, which allowed users to browse and conduct transactions without revealing their identities or locations. Silk Road gained significant attention for its role in the underground economy, attracting both buyers and sellers from around the world. In October 2013, the FBI shut down Silk Road and arrested its founder, Ross Ulbricht, who was later convicted on multiple charges, including conspiracy to commit money laundering, conspiracy to commit computer hacking, and conspiracy to traffic narcotics. The closure of Silk Road marked a significant moment in the history of online marketplaces. Despite its shutdown, Silk Road's legacy continued to influence discussions about privacy, security, and the regulation of online marketplaces.
Silk Road was an infamous online marketplace that operated on the dark web, primarily known for facilitating the sale of illegal goods and services, including drugs, counterfeit items, and hacking services. Launched in February 2011 by an individual using the pseudonym "Dread Pirate Roberts," Silk Road utilized Bitcoin as its primary currency to provide users with a degree of anonymity in transactions. The platform operated on a hidden Tor network, which allowed users to browse and conduct transactions without revealing their identities or locations. Silk Road gained significant attention for...