A cryptocurrency stash worth nearly US$1 billion (A$1.37 billion) has been seized by American federal authorities on Tuesday and court action has been launched seeking forfeiture of the cache.
Five men who sold drugs on the Silk Road website on the dark Web have been jailed for terms ranging from 15 to seven years, according to the UK's National Crime Agency.
Two Australians are rumoured to be responsible for one of the biggest online heists in Internet history, with $3 million in Bitcoin missing from the second iteration of the Silk Road drug marketplace.
A young Australian entrepeneur has lost more than $1 million in Bitcoins in what is possibly the biggest online theft in history.
The anonymous drug haven Silk Road has been shut down by US authorities, who also arrested its notorious owner who now faces life in prison.
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