“The currency used on the site is called Bitcoin — a digital currency that makes it nearly impossible for authorities to follow the money trail. One Bitcoin currently converts to just over C$11. Christin suggested in his study that destabilizing the digital currency may be one of the only ways to take down the website. ‘It’s the only currency that is used there and it’s already fairly volatile,’ he said. ‘This is the type of thing that could potentially be an impediment to transactions taking place on the Silk Road.'” [Sorry, boys, but such coup d’état & financial manipulation tactics are so 20th Century…]
Related posts:
Yahoo malware turned European computers into bitcoin slaves
Steroid abuse has become a major problem among police officers
CIA 'mistakenly' destroys copy of 6,700-page US torture report
Sony Left Passwords, Code-Signing Keys Virtually Unprotected
Wis. Restaurant Gives 1965 Prices to Customers Who Pay With Pre-1965 Coins
State representative raised $1,600 for his campaign — in bitcoins
Zimbabwe power cuts to persist for 10 years
Venezuela just defaulted, and you may own its debt
Guardian Reporter Glenn Greenwald: We Have List of NSA Targets
US tax rules sour life for Americans abroad
FBI: Driverless cars good for surveillance but could be deadly weapons
American anti-virus mogul McAfee warns Canadians about government spying
Your employer may share your salary, and Equifax might sell that data
Pueblo Chieftain Excludes Independent Candidate From Debates
57 Previously Undiscovered Fast and Furious Guns Used in Mexican Crimes