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University of Illinois Journal of Law, Technology, & Policy

Practical Pieces & Perspectives

November 2013

Practical Pieces & Perspectives

November 13, 2013
“Your Bitcoins Shall Pay the Forfeit of the Peace”: Why What the Government Chooses To Do With Seized Silk Road Bitcoins Matters
Derek A. Dion

On October 2, 2013, the FBI arrested the “Dread Pirate Roberts” and shut down the Silk Road—a website that served as the Amazon.com of the criminal underworld, selling any matter of illegal drugs online. Dread Pirate Roberts, also known as Ross Ulbricht, purportedly founded the website. Silk Road could only be accessed by using The Onion Router, or TOR, which served to anonymize the buyers and vendors on the website.

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About Practical Pieces & Perspectives

Practical Pieces and Perspectives, previously Timely Tech, is the non-paginated companion to the Illinois Journal of Law, Technology & Policy. Through Practical Pieces and Perspectives, JLTP publishes short pieces that addresses cutting-edge issues in technology and the law.

 

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