Quantcast
Channel: Weirder WebWeirder Web | Tag Archive | Daily Dot
Viewing all articles
Browse latest Browse all 10

Does Silk Road do “between $30 million and $45 million” in business per year?

$
0
0

A story on just how big Silk Road has become over the past year:

It’s not hard to guess that running the world’s most notorious online market for illegal drugs is big business, with millions changing hands every year. But just how big is Silk Road, and how fast is it growing?

Carnegie Mellon computer security professor Nicolas Christin says Silk Road’s traffic and reputation have increased so drastically over the past year that he expects the famous black market may have doubled transactions over the past 12 months. “Somewhere between $30 million and $45 million a year would not surprise me. It may even be more,” he told the Daily Dot.

Read more.


Viewing all articles
Browse latest Browse all 10

Trending Articles