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 Yorkerfeature, a Bitcoin is now worth just $2.80—down from a 2011 peak of $33. [via]
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.