Shut down by FBI in October 2013. Silk Road 2.0 shut down by FBI and Europol on 6 November 2014.[6]
Silk Road was an online black market and the first modern darknet market.[7] It was launched in 2011 by its American founder Ross Ulbricht under the pseudonym "Dread Pirate Roberts." As part of the dark web,[8] Silk Road operated as a hidden service on the Tor network, allowing users to buy and sell products and services between each other anonymously. All transactions were conducted with bitcoin, a cryptocurrency which aided in protecting user identities. The website was known for its illegal drug marketplace, among other illegal and legal product listings. Between February 2011 and July 2013, the site facilitated sales amounting to 9,519,664 Bitcoins.[9]
In October 2013, the Federal Bureau of Investigation (FBI) shut down the Silk Road website and arrested Ulbricht.[9][3] Silk Road 2.0 came online the next month, run by other administrators of the former site,[10] but was shut down the following year as part of Operation Onymous. In 2015, Ulbricht was convicted in federal court for multiple charges related to operating Silk Road and was given two life sentences without possibility of parole.[1][11][12] He was pardoned by PresidentDonald Trump in 2025.[13]