Bitcoin Drops – Silk Road Owner Arrested…..

shortlink: here:   http://wp.me/pbr9G-3Ng

http://in.reuters.com/article/2013/10/08/net-us-crime-silkroad-bitcoin-idINBRE99113A20131008

The bitcoin, valued by many for its anonymity, fell to $129 from over $140 a day before, according to a website for trading bitcoins, Mt.Gox. Earlier, the currency traded as low as $110.

The digital currency’s drop came after the FBI arrested alleged Silk Road owner Ross William Ulbricht, 29, known as “Dread Pirate Roberts,” on Tuesday in San Francisco.

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