Silk Road: Feds Seize $1 Billlion In Bitcoins Linked To Infamous Silk Road Dark Web Case; 'Where Did The Money Go'Five years after Ross Ulbricht, founder of dark web marketplace Silk Road, received to a double life sentence in prison, federal prosecutors filed a civil complaint Thursday seeking the forfeiture of thousands of Bitcoins seized by law enforcement on Nov. 3 that were valued over $1 billion.
Volatile Day On Bitcoin Market; Quick Rise, Small TumbleThe price of bitcoin surged through $10,000 on Wednesday, adding to its ten-fold jump in value this year and fueling a debate as to whether the virtual currency is gaining mainstream acceptance.
Virtual Digital Riches Minted Inside San Francisco's 'Crypto Castle'The future of virtual money - cryptocurrency - is the real life focus of of a handful of entrepreneurs who live and work out of a three-story home in San Francisco's Potrero Hill neighborhood.
China Bitcoin Exchange To End Trading At Month's EndOne of China's biggest bitcoin exchanges says it will stop trading at the end of the month following reports regulators have ordered all Chinese exchanges for the digital currency to close.
Mastermind Behind Silk Road Online Drug-Selling Site Sentenced To Life In PrisonRoss Ulbricht, who created the online drug-selling site Silk Road, has been sentenced to life in prison. He was arrested in San Francisco in 2013.
DEA, Secret Service Agents Charged With Stealing Digital Currency During Silk Road InvestigationTwo former federal agents have been charged with stealing digital currency during their investigation into an online black market that allowed users to buy and sell drugs and other illegal items.
Gov. Brown Signs Bill Legalizing Bitcoins, Other Virtual CurrenciesGovernor Jerry Brown signed a law last week legalizing currency other than U.S. dollars, opening doors for digital currencies like Bitcoin, Ripple, Peercoin and Primecoin to used in transactions across California.