Feds Close Silk Road Arrest Owner Steal 26 000 Bitcoins
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Willard Foxton at The Telegraph says the Silk Road is on the verge of collapse while. get this. it's suffering from hyperdeflation. College thinks problem to build Bitcoin Mining .
For 2 . 5 years, the FBI is hot towards the trail of finding source of Silk Road and finding the actual mind behind this illegal drug selling website. Since worth of the website is roughly $85 , 000, 000.
Some black hat hacker going via the handle "Lance G" threatened to crash the site unless it gave him a $5,000 ransom. Let's not pretend blackmail offers some kind of economic indicator for the monetary viability of Bitcoin. Some even speculate that law enforcement is behind the DDoS attacks.
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