
“The site’s number of sellers, who offer everything from cocaine to ecstasy, has jumped from around 300 in February to more than 550. Its total sales now add up to around $1.9 million a month. And its operators generate more than $6,000 a day in commissions for themselves, compared with around $2,500 in February. Christin cautions that his study only looks at a six month period of Silk Road’s sales, and that a big part of the site’s measured success comes from appreciation in the Bitcoin currency Silk Road trades in.”
Related posts:
Chinese woman, 64, allowed to defy one-child policy with IVF twins
School Administrators Remove Army Men Cupcake Topping For Gun Control ‘Insensitivity’
Kerry: Arab countries offered to pay for Syria invasion
State representative raised $1,600 for his campaign — in bitcoins
French navy intercepts Syrian ship carrying 20 tons of marijuana
If Apple Did What eBay Just Did, They'd Have A $44 Billion Tax Bill
Phila Police Officer Charged After Randomly Firing Shots At Building
California's War on Guns Broadens to a War on Ammunition
'There is no hiding place... our bombs will kill people': Jeremy Corbyn
12 Days of Bitcoin: The High Risk IRA
NYPD chief Ray Kelly defends officers over Empire State Building shooting
Campus 'smoke-free' edicts extend to smokeless products and e-cigarettes
Companies 'work around' U.S. oil export ban
US expats flee taxman's reach by giving up citizenship
Cop who coerced woman into sex in East St. Louis only one of many public-sector criminals