Don’t miss the latest developments in business and finance.

British police arrest 4 in Silk Road investigation

Image
AP London
Last Updated : Oct 08 2013 | 9:41 PM IST
British police say they have made four arrests as part of the US-led investigation of Silk Road, until recently the Internet's most notorious illegal drug site.
The newly established National Crime Agency said today that the men were arrested only hours after American officials detained Ross Ulbricht, the site's alleged mastermind, on Oct 1. Officials promised "many more to come."
Three of the men, identified as being in their 20s, were described as being from the northern English city of Manchester. Another man was described as being in his 50s and from southwestern England.
Silk Road gained widespread notoriety two years ago as an Amazon-like forum where users could buy and sell hard drugs using electronic currency.
Officials say the black market website brokered more than USD 1 billion in sales.

Also Read

First Published: Oct 08 2013 | 9:41 PM IST

Next Story