Silk Road: The Dark Dawn Of Cryptocurrency”

This is all about silk road in cryptocurrency

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🕒 2:55 AM

📅 Aug 13, 2025

✍️ By Asadabbas320

Silk Road, launched in 2011 by Ross Ulbricht under the alias Dread Pirate Roberts, was a groundbreaking darknet marketplace operating via the Tor network. It enabled anonymous transactions using Bitcoin for buying and selling illicit goods—from drugs to hacking tools—marking one of the first real-world applications of cryptocurrency . By late 2013, the FBI had shut it down, arresting Ulbricht and seizing vast amounts of Bitcoin . Though short-lived, Silk Road left a controversial legacy—while it showcased Bitcoin’s capabilities, it also entrenched its public association with illicit activity and prompted global scrutiny and regulatory conversation around cryptocurrency .