Short-lived Silk Road clone shut down after nine days

Share this article:

Only nine days after first launching on the web, a Silk Road copycat known as Utopia Marketplace has been seized by Dutch police.

In an operation dubbed “Commodore,” five men have been arrested for dabbling in illegal activities on the online drug market, according to a statement by prosecutors in the Netherlands.

While four suspects were accused of trafficking drugs and weapons, a fifth was arrested as he made his way to Germany in possession of cocaine, hashish, ecstasy and amphetamines, according to Forbes. The same man is being accused of attempted murder after sending a deposit to an undercover agent via the online black market.

Close to $596,000 worth in Bitcoins were seized from the suspects.

After an investigation, the FBI shut down Silk Road in October, leading to the arrest of its 29-year-old operator, Ross Ulbricht.

Share this article:
You must be a registered member of SC Magazine to post a comment.

Sign up to our newsletters

More in News

Beazley: employee errors root of most data breaches, but malware incidents cost ...

Insurance firm Beazley analyzed more than 1,500 data breaches it serviced between 2013 and 2014.

Apple issues seven updates, fixes more than 40 vulnerabilities in iOS 8, OS 10.9.5

Apple issues seven updates, fixes more than 40 ...

In one of its infrequent "Update Surprisedays," Apple plugged holes, boosted security and added features.

Canadian telecom co. Telus unveils first transparency report

The company received more than 100,000 government requests for customer data last year.