A Month Later, Silk Path Returns; Is Bitcoin in Bed with Crooks?

A typical sales web page through the Silk that is original Road now reconstructed; the site sells illegal drugs, weapons, and much more.
Just one month following the FBI seized and shut straight down Silk Road online website known as the Amazon.com of drugs, weapons and worse it’s back. Yup, into the annals of criminal history, that one has to be up there in the chutzpah department; it’s just like the capabilities behind the site are totally thumbing their collective noses at U.S. federal authorities.
Are Bitcoins and Silk Path Founders Aligned?
Also more shocking, brand new allegations connect Silk Road’s founder Ross William Ulbricht aka Dread Pirate Roberts until his FBI takedown final month to the still publicly unidentified initial creator of Bitcoins, the digital currency exclusively utilized to pay for illegal items and services on the old and now brand new site.
The allegations stumbled on light after two Israeli boffins one a cryptographer readied a soon-to-be-published paper that claims that the FBI seizure in fact just got their hands on about 22 percent of the $80 million in commissions Ulbricht’s web site had garnered from sales of an estimated $1.2 billion; sales on everything which range from assault weapons to illegal narcotics of any kind and even for hit men services for hire.
Dorit Ron and Adi Shamir are the two researchers who have brought these allegations to light, incorporating which th (more…)