The whole thing was a scam from the get-go. I dunno why, but I wasnt surprised from reading this news. Just think that there was a great ecosystem in that site, and was squashed before it became something interesting.
SAN FRANCISCO (CBS/AP) — Two 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.
Carl M. Force, 46, of Baltimore, was a special agent with the Drug Enforcement Administration and Shaun W. Bridges, 32, of Laurel, Maryland, was a special agent with the U.S. Secret Service on a task force that investigated the Silk Road marketplace. The website promised its buyers and sellers anonymity by using encryption and bitcoins.
The criminal complaint was filed in the U.S. District Court in San Francisco last Wednesday and unsealed Monday.
Force served as an undercover agent and was tasked with establishing communications with a target of the investigation, Ross William Ulbricht. Force is charged with wire fraud, theft of government property, money laundering and conflict of interest. Bridges is charged with wire fraud…
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