Feds Shut Down Silk Road Site, Which Sold Illegal Drugs

A site that used hidden currency to trade drugs has been shut down and its founder arrested by federal agents.

Ross William Ulbricht, also known as "Dread Pirate Roberts," was arrested.

"Authorities said the Silk Road provided an online platform for drug dealers around the world to anonymously sell narcotics -- including heroin, LSD and cocaine," according to the Huffington Post. "The Silk Road was also a 'sprawling black market bazaar' for buying and selling other illegal activities, including malicious software used for computer hacking, authorities said."

Here's a definitive column on Silk Road from Santa Cruz Patch writer David Jay Brown.