Cleaning house: Federal government dismantling Silk road 2.0 -

Cleaning house: Federal government dismantling Silk road 2.0


“ We were aware that some criminal elements were focusing in on creating a next gen version of the Silk Road.“ the FBI stated  to Bitcoinist a couple days ago. “Like all new things, and the digital currency is something new, there are always opportunistically criminal elements that try to worm their way in. We let them bathe in the false sense of security long enough to collect data so we can prosecute the perpetrators to the fullest extent of the law”.


“ The FBI and other security and police forces from all over the world are sending out a clear message to the criminals using these “bazaars”: We will be watching and we will find you regardless how good you think you are. If need be we will take out the trash so to speak. We want to send a powerful message that  “we can play at your level”. Follow the law, don’t do anything illegal and you do not have anything to worry about”.


This is a clear sign that the police organisations will not tolerate these kinds of criminal behavior. We can only applaud these actions because it is a black mark on the digital currencies. As a community we also need to speak out against these kinds of behavior. It does more damage to the crypto community. By allowing the criminal elements to run amok we are providing the “anti-digital currency groups” with a lot of “ammunition” to use against the community. 99.99% of the Bitcoin and crypto communities are good people that have innovative thoughts and ideas. Look at Bitpay or at Swarm for example.


However there are other sites that offer the same businesses and illegal activities. “The FBI and homeland security, along with their allies, are monitoring the situation but rest assured that we will act on the right time and place. Make no mistake these other criminal sites will be targeted in the near future.


Nevertheless the FBI also stated that “the upcoming digital currency community does not have to fear any actions towards them. We are only after the criminal elements and will continue to do so to make every community, if it is in the real or the digital world, a safer place.”


Sergio Schout

Sergio Schout

Serge, aka Sergio, has been travelling the world since he was 6. Thailand, India, Sri Lanka, Malaysia, Singapore, java, Sumatra, Bali, Japan, US, Entire European region, etc. are a couple examples of his travel destinations. He has been curious about different cultures and practices. This curiosity has led him to pursue a couple of university degrees. Serge has a couple master’s degrees from top European universities. While attending university, he wrote a lot of scientific papers concerning socio-economic and financial developments in the past and present. During his studies at university he offered his free time up to do volunteer work, along with some friends. They helped the homeless get back on their feet ( some of these "homeless" now have small companies of their own and Sergio has good connections with them). It was at during his studies at university, in 2009, when he first heard about "Bitcoin". Being a coin collector and economic expert, he was intrigued by it and is active in the Bitcoin and digital currency community ever since. He translated the Bitcoin comic from Spanish to English and he is also using his connections to get the comic into the Belgian and Dutch comic market, he is an official member of the Belgian Bitcoin Association and he is a freelance investigative journalist that has written under his own name as well as under a pseudonym for a multitude of news outlets. After graduating he was immediately hired by the university that he graduated from. After moving on from that research position he was hired by a famous European think-tank as a researcher. His hobbies are: dancing (from Argentine tango to Zouk), collecting coins and determining them, writing articles, translating, proof reading and doing scientific research. In 2014 Sergio and Jp combined their forces and created the crypto news outlet called Cryptoarticles. Sergio attended most of the European Crypto currency conferences, where he made a lot of connections and friends along the way.