Feds Close Silk Road Arrest Owner Steal 26 000 Bitcoins

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The FBI was proven to buy drugs from Silk Road on several occasions. They purchased ecstasy, heroin, cocaine and LSD. Each time they would try and backtrack the shipment, narrowing it down until they hit pay dirt. They tracked down several of Silk Road's servers including one has been out of the country.

They are bought Bitcoin Mining and sold through exchange sites. There they can be exchanged into traditional currencies like the Dollar or Euro or maybe virtual world currencies much like the Linden pound.

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