The lead undercover DEA agent in the investigation of Silk Road has been sentenced to six years in prison for stashing away hundreds of thousands of dollars in illegal bitcoin payments, reports the Los Angeles Times.
Bitcoins, the currency of the future (the future dominated by the dickhead Winklevoss twins), while an annoying Libertarian fantasy, would at least not end up destroying the environment, right? How much harm can it do, really?
Remember Bitcoins, the digital cash useful for buying drugs on a underground website and not much else? Even with a recent New Yorker feature, a Bitcoin is now worth just $2.80—down from a 2011 peak of $33. [via]
Bitcoin, the virtual currency that has sparked a digital gold rush, is now being targeted by malicious nerds seeking a quick payday. A new Trojan automatically scans for Bitcoins and steals them.
Sens. Charles Schumer (D-N.Y.) and Joe Manchin (D-W.Va.) are asking the Drug Enforcement Administration and the Department of Justice to "do something" about Silk Road, the go-to website for illegal drug-takers who appreciate convenience. They don't like the site's user interface.
Making small talk with your pot dealer sucks. Buying cocaine can get you shot. What if you could buy and sell drugs online like books or light bulbs? Now you can: Welcome to Silk Road.
