For the users of the Silk Road, this is a sad day.
I don't even want to post any further and post my opinion, but to put it in short words, this blows. All good things do come to an end someday.
Edit: Mods, please remove "with founder" from the title.
Authorities have arrested a man in San Francisco, California accused of operating an underground website that allowed users to purchase guns and drugs from around the world using encrypted, digital currency.
Ross William Ulbricht, a 29-year-old graduate of the University of Pennsylvania School of Materials Science and Engineering known by the online alias “Dread Pirate Roberts,” was arrested by the Federal Bureau of Investigation on Tuesday for his alleged involvement in the Silk Road online marketplace, according to court papers published this week.
The Silk Road website was shut down following Ulbricht's arrest on Tuesday.
A sealed complaint dated September 27 was unearthed by security researcher Brian Krebs, in which Ulbricht is accused of narcotics trafficking conspiracy, computer hacking conspiracy, money laundering conspiracy and more.