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The site, which was shut down in 2013 alongside Ulbricht's arrest, was a notorious marketplace for illegal drugs, among other products.

Silk Road 2.0 continued to operate until November 2014 but the court heard the defendant, of the Bulrushes, Liverpool, had announced his retirement in messages in January 2014, when he was 19.

The government owns about $2 billion worth of bitcoin in a wallet seized from the dark web's Silk Road. About 2,000 bitcoin were transferred to Coinbase, worth about $130 million.