Authorities have arrested a man in San Francisco, California accused of operating an underground website that allowed users to purchase guns and drugs from around the world using encrypted, digital currency.
Ross William Ulbricht, also known as â€œDread Pirate Roberts,â€ was arrested by the Federal Bureau of Investigation on Tuesday for his alleged involvement in the Silk Road online marketplace, according to court papers published this week.
A sealed complaint dated September 27 was unearthed by security researcher Brian Krebs in which Ulbricht is accused of narcotics trafficking conspiracy, computer hacking conspiracy and money laundering conspiracy.
According to prosecutors, Ulbricht aided in the trafficking of controlled substances from January 2011 up until last week. The authorities say that the narcotics moved through the Silk Road site include 1 kilogram of heroin, 5 kilograms of cocaine, 10 grams of LSD and 500 grams of methamphetamine.