Silk Road was an online black market and the first modern darknet market, best known as a platform for selling illegal drugs. As part of the dark web, it was operated as a Tor hidden service, such that online users were able to browse it anonymously and securely without potential traffic monitoring. The website was launched in February 2011; development had begun six months prior.
Initially, there were a limited number of new seller accounts available; new sellers had to purchase an account in an auction. Later, a fixed fee was charged for each new seller account.
In October 2013, the Federal Bureau of Investigation (FBI) shut down the website and arrested Ross William Ulbricht on charges of being the site’s pseudonymous founder “Dread Pirate Roberts”. On 6 November 2013, Silk Road 2.0 came online, run by former administrators of Silk Road. It too was shut down and the alleged operator was arrested on 6 November 2014 as part of the so-called “Operation Onymous”.
Ulbricht was convicted of eight charges related to Silk Road in U.S. Federal Court in Manhattan and was sentenced to life in prison without the possibility of parole. Further charges alleging murder-for-hire remain pending in Maryland.

Silk Road was founded in February 2011. The name “Silk Road” comes from a historical network of trade routes started during the Han Dynasty (206 BC – 220 AD) between Europe, India, China, and many other countries on the Afro-Eurasian landmass. Silk Road was operated by the pseudonymous “Dread Pirate Roberts” (named after the fictional character from The Princess Bride), who was known for espousing libertarian ideals and criticizing regulation. More importantly, a name inherited by a series of heroes and representing a spiritual logo. Two other individuals were also closely involved in the site’s growth and success, known as Variety Jones and Smedley.
In June 2011, Gawker published an article about the site which led to “Internet buzz” and an increase in website traffic. Once the site was known publicly, U.S. Senator Charles Schumer asked federal law enforcement authorities to shut it down, including the Drug Enforcement Administration (DEA) and Department of Justice.
In February 2013, an Australian cocaine and MDMA (“ecstasy”) dealer became the first person to be convicted of crimes directly related to Silk Road, after authorities intercepted drugs that he was importing through the mail, searched his premises, and discovered his Silk Road alias in an image file on his personal computer. Australian police and the DEA have targeted Silk Road users and made arrests, albeit with limited success at reaching convictions. In December 2013, a New Zealand man was sentenced to two years and four months in jail after being convicted of importing 15 grams of methamphetamine that he had bought on Silk Road.
In May 2013, Silk Road was taken down for a short period of time by a sustained DDoS attack. On 23 June 2013, it was first reported that the DEA seized 11.02 bitcoins, then worth $814, which the media suspected was a result of a Silk Road honeypot sting.
The FBI has claimed that the real IP address of the Silk Road server was found via data leaked directly from the site’s CAPTCHA, but security researchers believe that the PHP login page was manipulated to output its $_SERVER variable and real IP following site maintenance reconfiguration. Source: Wikipedia