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Failed student jailed for Silk Road, dark web drug profiteering

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A former student has been jailed after being found guilty of operating a dark web marketplace dedicated to the sale of drugs, as well as creating a catalog of child sex abuse imagery.

Last week the UK's National Crime Agency (NCA) said that Thomas White took over the operation of the Silk Road marketplace following the seizure of the original domain by the FBI in 2013.

After dropping out from an accountancy degree at Liverpool John Moores University after a single term, the former Silk Road administrator launched Silk Road 2.0.

The resurrected trading post was similar to the original, in which it allowed traders to sell drugs, counterfeit goods, hacking tools, and other illegal products.

Transactions were anonymized -- to a degree -- through the use of the cryptocurrency Bitcoin during exchanges.

It is not known exactly how much money the 24-year-old made while acting as the Silk Road 2.0 chief. However, the NCA noted that despite 'unemployment' on the outside, White was...(continued)

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