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The 'Silk Road' Bust And The Future Of Bitcoin
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We're learning more today about Ross Ulbricht, the 29-year-old tech entrepreneur authorities say operated "Silk Road," an e-commerce website described as the Internet's largest and most sophisticated criminal marketplace.
People on the website allegedly used Bitcoin, a digital currency, to conduct business. It seems Bitcoin's electronic trail may have helped the FBI take down the website.
Guest
- Christopher Vecchio, currency analyst for DailyFX.com. He tweets @CVecchioFX.
This segment aired on October 4, 2013.