Authorities around the world know about Silk Road, but closing it is another matter – partly because it uses Bitcoins. The site has been shrouded in secrecy even since it was founded in February 2011, but research due to be formally published later this year tracked its growth during six months of last year. Over those months, sales on the site doubled, hitting $1.7m a month.
Related:
U.S: Government applies new money laundering rules to Bitcoin, defeating the purpose of bitcoin
Leave a Reply
You must be logged in to post a comment.