Cybersecurity

FBI Snags Silk Road Boss With Own Methods

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From an Internet café in San Francisco, a 29-year-old free-market evangelist who called himself “Dread Pirate Roberts” allegedly used untraceable web services, an international network of servers and anonymous digital currency to run a global online exchange of cocaine and heroin.

For two years, cybercrime experts from the FBI pored over the secretive online drug bazaar, known as Silk Road -- an operation that prosecutors say had become, by the time they shut it down this week, the venue for as much as $1 billion worth of illegal transactionsBloomberg Terminal.