In 2013, the FBI shut down the Silk Road website. He operated the dark web marketplace until 2013. The Silk Road was founded in 2011 by Ross Ulbricht, who used the pseudonym “Dread Pirate Roberts.” Ulbricht created the Silk Road to enable anonymous online commerce while protecting users’ identities, transactions, and individual freedoms - this helped spur the trade of illicit goods. Today, the Silk Road is an important case study when analyzing the growth of other dark web markets. And although the Silk Road hasn’t operated for years, it laid the foundation for other darknet markets to follow. The Silk Road defined its name based on the historical network of trade routes between Asia, the Middle East, East Africa, and Europe. All transactions were conducted in cryptocurrency - namely Bitcoin - which further ensured anonymity. Accessed with an app, the Tor network allowed users to anonymously browse Silk Road without the threat of traffic monitoring. Silk Road operated via a hidden darknet feature in the anonymous Tor network.
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