“Prosecutors in New York today said today that federal agencies have taken over the Silk Road, a sprawling underground Web site that has earned infamy as the ‘eBay of drugs.’ On Tuesday, federal agents in San Francisco arrested the Silk Road’s alleged mastermind. Prosecutors say 29-year-old Ross William Ulbricht, a.k.a ‘Dread Pirate Roberts’ (DPR), will be charged with a range of criminal violations, including conspiracy to commit drug trafficking, and money laundering.”
Source: Feds Take Down Online Fraud Bazaar ‘Silk Road’, Arrest Alleged Mastermind — Krebs on Security
