Silk Road 2.0 opens on TOR network
In a report by tech website TechCrunch, Silk Road had quietly relaunched on the The Onion Router (TOR) network. TOR is a free software that allows anonymity of websites online. The online hidden marketplace opened around 4PM GMT Tuesday on silkroad6ownowfk.onion.
Previous users would find the features similar to the previous Silk Road marketplace. TechCrunch said former Silk Road administrators owned the new site and vouched the ownership of the forums, market, and escrow system of the new Silk Road.
The original Silk Road was shut down by the US Federal Bureau of Investigation on charges that the online marketplace propagated illegal activities like selling narcotics and promoting gun-for-hire services. 70% of the site's 10,000 products for sale were drugs that included heroin, cannabis and LSD. The complaint of the US Attorney of Southern District of New York said that a total of USD1.2 billion in revenue and USD79.8 million in commissions were earned from 1,229,465 completed transactions on Silk Road.