Topic: 2013-10-30 Bitcoin sinks in value after FBI busts Silk Road drug market (Read 1052 times)
October 30, 2013, 02:04:24 AM
This article is several weeks old. It is from 2013-10-02, not 2013-10-30.
October 30, 2013, 12:46:36 AM
http://uk.reuters.com/article/2013/10/02/us-crime-silkroad-bitcoin-idUKBRE99113A20131002
Supporters say using bitcoins offers benefits including lower fraud risk and increased privacy, though critics argue the anonymity it offers makes the currency a magnet for drug transactions, money-laundering and other illegal activities.
The digital currency's drop came after the FBI arrested alleged Silk Road owner Ross William Ulbricht, 29, known as "Dread Pirate Roberts," on Tuesday in San Francisco.
Supporters say using bitcoins offers benefits including lower fraud risk and increased privacy, though critics argue the anonymity it offers makes the currency a magnet for drug transactions, money-laundering and other illegal activities.
The digital currency's drop came after the FBI arrested alleged Silk Road owner Ross William Ulbricht, 29, known as "Dread Pirate Roberts," on Tuesday in San Francisco.
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