Name: Ross Ulbricht aka Dread Pirate Roberts
- Founder/Owner of Silk Road (an online black market).
- Arrested by FBI agents on Oct. 1, 2013 at the Glen Park library in San Francisco.
- Silk Road's URL seized by the FBI on Oct. 2, 2013.
- Alleged he earned $20,000 in bitcoin commissions from sales on Silk Road per day, and made $3.4 million in total.
"Silk Road was founded on libertarian principles and continues to be operated on them. It is a great idea and a great practical system…It is not a utopia. It is regulated by market forces, not a central power (even I am subject to market forces by my competition. No one is forced to be here). The same principles that have allowed Silk Road to flourish can and do work anywhere human beings come together. The only difference is that the State is unable to get its thieving murderous mitts on it."