I owe much of this post to the work of Nicolas Christin, the researcher who previously provided the analysis of Silk Road’s income. He is much cleverer than me or you. Give him a follow on @nc2y
One of the most dramatic revelations to come out of the New York Criminal Complaint in relation to Ross Ulbricht, the alleged Dread Pirate Roberts, was that Silk Road had enjoyed a turnover of $1.2 billion since its inception 2½ years ago, which equated to a commission of $80 million for its owner.
Actually, that’s not exactly what the document said. What it said was: