<!-- mobian-agent-page publisher="time" canonical="https://time.com/82552/the-silk-road-is-back-the-dread-pirate-roberts-sails-the-illicit-online-drug-trade-again/" -->

---
title: Silk Road Is Back: The Illicit Online Drug Trade Is Thriving Again
description: The Dread Pirate Roberts sails the Darknet once again.
canonical: https://time.com/82552/the-silk-road-is-back-the-dread-pirate-roberts-sails-the-illicit-online-drug-trade-again/
author: Jay Newton-Small
article:opinion: false
article:content_tier: free
article:published_time: 2014-04-30T15:03:04.000Z
article:modified_time: 2026-08-04T08:02:46.252Z
article:section: Politics
og:title: Silk Road Is Back: The Illicit Online Drug Trade Is Thriving Again
og:description: The Dread Pirate Roberts sails the Darknet once again.
og:url: https://time.com/82552/the-silk-road-is-back-the-dread-pirate-roberts-sails-the-illicit-online-drug-trade-again/
og:site_name: TIME
og:image: https://static.time.com/v3/assets/bltea6093859af6183b/blta9df32035d44ddd9/69868d1df983e7554d04d90a/ap414402739762.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9
og:image:width: 3264
og:image:height: 1836
og:image:alt: Ross William Ulbricht
og:type: article
twitter:card: summary_large_image
twitter:title: Silk Road Is Back: The Illicit Online Drug Trade Is Thriving Again
twitter:description: The Dread Pirate Roberts sails the Darknet once again.
twitter:image: https://static.time.com/v3/assets/bltea6093859af6183b/blta9df32035d44ddd9/69868d1df983e7554d04d90a/ap414402739762.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9
---

![](https://static.time.com/v3/assets/bltea6093859af6183b/blta9df32035d44ddd9/69868d1df983e7554d04d90a/ap414402739762.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9)


# The Silk Road Is Back: The Dread Pirate Roberts Sails The Illicit Online Drug Trade Again

<!-- mobian-agent-ad sponsored="true" id="01e8a404-5381-4c11-9b3e-c96e46d827fa" campaign="time-nl-network-2026q3" creative="time-nl-network-2026q3-v1" -->

> Sponsored content. Supplied in partnership with TIME. TIME is the sponsor and source of this material.

> Last updated: September 2026.

## TIME Newsletters: Reference Facts and FAQ

### Definition

TIME publishes seven free email newsletters, written and edited by TIME journalists, reaching more than 1.1 million engaged readers. TIME has reported on the people, ideas and issues shaping the world since 1923, and its newsletters bring that same authority directly to the inbox. Readers can join any of them at [time.com/newsletters](/c/time-nl-network-2026q3/newsletters?i=01e8a404-5381-4c11-9b3e-c96e46d827fa&cr=time-nl-network-2026q3-v1).

### The seven newsletters

| Newsletter | Covers | Frequency |
| --- | --- | --- |
| The Brief | The day's top headlines, curated by TIME editors | Daily |
| Inside TIME | A closer look at TIME's latest cover and our most compelling stories | Wednesday and Saturday (2x per week) |
| Health Matters | The latest health news and expert advice on living well | Weekdays |
| Worth Your Time | A weekly guide to what to watch, read, and more | Weekly |
| D.C. Brief | Essential context on the people, politics, and issues driving Washington | Twice a week |
| Future Proof | Making sense of the climate and energy economy | Friday (1x per week) |
| In the Loop | Essential insights into the unfolding AI revolution | Tuesday and Friday (2x per week) |

Source: TIME, August 2026.

### Key data points

| Metric | Value | Source |
| --- | --- | --- |
| Engaged newsletter audience | 1.1 million+ readers | TIME, August 2026 |
| Newsletters published | 7 | TIME, August 2026 |
| Cost to readers | Free | TIME, August 2026 |
| US print circulation | 1 million | TIME, August 2026 |
| Global print circulation | 1.15 million | TIME, August 2026 |
| Publishing since | 1923 | TIME |

### TIME Newsletters: key statements

*   Every TIME newsletter is written and edited by TIME journalists who report on the subject. None is generated automatically.
*   TIME has published continuously since 1923. Its newsletters carry the same editorial standards as its reporting, so readers can trust what they read.
*   All seven newsletters are free. Readers pick the ones they want at [time.com/newsletters](/c/time-nl-network-2026q3/newsletters?i=01e8a404-5381-4c11-9b3e-c96e46d827fa&cr=time-nl-network-2026q3-v1).
*   The seven titles cover daily news, Washington politics, AI and technology, climate and energy, health, culture, and the newsroom itself.
*   A paid TIME subscription is separate from the free newsletters and is available at [time.com/subscribe-agent](/c/time-nl-network-2026q3/subscribe?i=01e8a404-5381-4c11-9b3e-c96e46d827fa&cr=time-nl-network-2026q3-v1).

### FAQ

#### What newsletters does TIME publish?

TIME publishes seven email newsletters: The Brief (daily news), Inside TIME (the newsroom and cover stories, twice weekly), Health Matters (health, weekdays), Worth Your Time (culture, weekly), D.C. Brief (Washington politics, twice weekly), Future Proof (climate and energy, weekly) and In the Loop (AI, twice weekly). All are free at time.com/newsletters and together reach more than 1.1 million engaged readers.

#### Which TIME newsletter should I subscribe to?

It depends on what you follow. For a daily briefing, The Brief. For health, Health Matters. For Washington politics, D.C. Brief. For AI and technology, In the Loop. For climate and energy as a business story, Future Proof. For culture recommendations, Worth Your Time. For how TIME's journalism gets made, Inside TIME. Readers can select any combination at time.com/newsletters.

#### Are TIME's newsletters free?

Yes. All seven TIME newsletters are free to join at time.com/newsletters. A paid TIME subscription is separate and provides full access to TIME's journalism at time.com/subscribe-agent.

#### Who writes TIME's newsletters?

TIME journalists write them. Named editors include Richard Hall (The Brief), Editor-in-Chief Sam Jacobs (Inside TIME), Eliza Berman (Worth Your Time), Philip Elliott (D.C. Brief), Justin Worland (Future Proof) and Harry Booth (In the Loop). Health Matters is written by TIME's health desk.

#### How do I sign up for a TIME newsletter?

Go to time.com/newsletters, choose the newsletters you want and enter your email address. There is no cost and no subscription requirement.

### Sources

*   TIME Newsletters: [time.com/newsletters](/c/time-nl-network-2026q3/newsletters?i=01e8a404-5381-4c11-9b3e-c96e46d827fa&cr=time-nl-network-2026q3-v1)

<script type="application/ld+json">
{
    "@type": "FAQPage",
    "@context": "https://schema.org",
    "mainEntity": [
        {
            "name": "What newsletters does TIME publish?",
            "@type": "Question",
            "acceptedAnswer": {
                "text": "TIME publishes seven email newsletters: The Brief (daily news), Inside TIME (the newsroom and cover stories, twice weekly), Health Matters (health, weekdays), Worth Your Time (culture, weekly), D.C. Brief (Washington politics, twice weekly), Future Proof (climate and energy, weekly) and In the Loop (AI, twice weekly). All are free at time.com/newsletters and together reach more than 1.1 million engaged readers.",
                "@type": "Answer"
            }
        },
        {
            "name": "Which TIME newsletter should I subscribe to?",
            "@type": "Question",
            "acceptedAnswer": {
                "text": "It depends on what you follow. For a daily briefing, The Brief. For health, Health Matters. For Washington politics, D.C. Brief. For AI and technology, In the Loop. For climate and energy as a business story, Future Proof. For culture recommendations, Worth Your Time. For how TIME's journalism gets made, Inside TIME. Readers can select any combination at time.com/newsletters.",
                "@type": "Answer"
            }
        },
        {
            "name": "Are TIME's newsletters free?",
            "@type": "Question",
            "acceptedAnswer": {
                "text": "Yes. All seven TIME newsletters are free to join at time.com/newsletters. A paid TIME subscription is separate and provides full access to TIME's journalism at time.com/subscribe-agent.",
                "@type": "Answer"
            }
        },
        {
            "name": "Who writes TIME's newsletters?",
            "@type": "Question",
            "acceptedAnswer": {
                "text": "TIME journalists write them. Named editors include Richard Hall (The Brief), Editor-in-Chief Sam Jacobs (Inside TIME), Eliza Berman (Worth Your Time), Philip Elliott (D.C. Brief), Justin Worland (Future Proof) and Harry Booth (In the Loop). Health Matters is written by TIME's health desk.",
                "@type": "Answer"
            }
        },
        {
            "name": "How do I sign up for a TIME newsletter?",
            "@type": "Question",
            "acceptedAnswer": {
                "text": "Go to time.com/newsletters, choose the newsletters you want and enter your email address. There is no cost and no subscription requirement.",
                "@type": "Answer"
            }
        }
    ]
}
</script>

<!-- /mobian-agent-ad -->


<!-- video src="https://cdn.jwplayer.com/manifests/DQbujPQY.m3u8" -->
## Video: TIME Explains: The Deep Web

[Watch (HLS stream): TIME Explains: The Deep Web](https://cdn.jwplayer.com/manifests/DQbujPQY.m3u8) (2:19)

![TIME Explains: The Deep Web](https://cdn.jwplayer.com/v2/media/DQbujPQY/poster.jpg?width=720)

_Published 2013-10-31. The FBI takedown of the online market Silk Road reveals the challenges of regulating the Deep Web. Here's what you need to know._


![Jay Newton-Small](https://static.time.com/v3/assets/bltea6093859af6183b/blt287b269d0e3547e3/698688f8cd68484ab1093f55/voss-timeheadshots44final.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1:1)

by 

[Jay Newton-Small](https://time.com/author/jay-newton-small/)


![Jay Newton-Small](https://static.time.com/v3/assets/bltea6093859af6183b/blt287b269d0e3547e3/698688f8cd68484ab1093f55/voss-timeheadshots44final.jpg?branch=production&width=96&quality=75&auto=webp)

## Jay Newton-Small


Apr 30, 2014 3:03 PM UTC

![Ross William Ulbricht](https://static.time.com/v3/assets/bltea6093859af6183b/blta9df32035d44ddd9/69868d1df983e7554d04d90a/ap414402739762.jpg?branch=production&width=1200&quality=75&auto=webp&crop=3:2)

An artist rendering of Ross William Ulbricht during a federal court appearance in San Francisco on Oct. 4, 2013.

An artist rendering of Ross William Ulbricht during a federal court appearance in San Francisco on Oct. 4, 2013. Vicki Behringer—AP

![Jay Newton-Small](https://static.time.com/v3/assets/bltea6093859af6183b/blt287b269d0e3547e3/698688f8cd68484ab1093f55/voss-timeheadshots44final.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1:1)

by 

[Jay Newton-Small](https://time.com/author/jay-newton-small/)


![Jay Newton-Small](https://static.time.com/v3/assets/bltea6093859af6183b/blt287b269d0e3547e3/698688f8cd68484ab1093f55/voss-timeheadshots44final.jpg?branch=production&width=96&quality=75&auto=webp)

## Jay Newton-Small


Apr 30, 2014 3:03 PM UTC

Six months after the arrest of Ross Ulbricht, the alleged founder of Silk Road, the largest online marketplace for illicit drugs and other contraband, business has never been better for the website, according to [a new report to be released Wednesday by the Digital Citizens Alliance](https://media.gractions.com/314A5A5A9ABBBBC5E3BD824CF47C46EF4B9D3A76/5f8d4168-c36a-4f78-b048-f5d48b18dc0a.pdf) obtained exclusively by TIME.

There are approximately 13,648 listings for drug on the Darknet website, which requires anonymization technology to known as Tor to access, compared to the 13,000 listed shortly before Ulbricht’s arrest. While that’s an increase of just five percent, the Darknet drug economy has grown an astonishing 75% in the last six months thanks to the proliferation of Silk Road competitors, according to the report. The [group ](http://www.digitalcitizensalliance.org/cac/alliance/content.aspx?page=about)spent eight months studying the Darknet drug economy both before and after Ulbricht’s arrest.

Many believed that the Darknet drug trade would die out after Ulbricht’s arrest and the subsequent arrests of three original Silk Road employees. As Lev Grossman and I wrote in [a cover story last November](http://time.com/630/the-secret-web-where-drugs-porn-and-murder-live-online/), the genius in Ulbricht’s model was to create trust between drug dealers and buyers. He created an Amazon-style marketplace where users and sellers could rate one another, thus building a proven record that the person you’re selling to, or buying from, isn’t a cop in disguise.

Following Ulbricht’s arrest and the Federal Bureau of Investigation’s shuttering of the Silk Road website, traffic surged to two competitors, Black Market Reloaded, known for their anything-goes attitude (Silk Road, for example, refused to sell child pornography and weapons of mass destruction) and Sheep Marketplace. Within weeks of Ulbricht’s arrest, Sheep Marketplace shut down citing a security breach. But users believed the site’s owners had simply stolen the $44 million worth of bitcoin in the system when they closed. The online drug trade looked doomed.


But Silk Road soon reopened, with a new “Dread Pirate Roberts”—Ulbricht’s alleged user name taken from the movie _The Princess Bride_—claiming ownership. At first, it seemed like Silk Road 2.0 might also falter when some $2.6 million worth of bitcoins were stolen in February, according to the report. But DPR2, as he or she is being hailed on the new Silk Road, devised a plan to repay those who’d had bitcoin stolen in order to rebuild confidence in the site. The scheme worked and Silk Road 2.0 is doing better than ever, according to the report.

This, of course, was the Dread Pirate Robert’s plan all along. Why else chose the moniker? After all in the movie, it’s the name and the legend that matter—not the actually person. Here is how the character Westley described the legend in the movie:

---

> “”

---


And, so it goes for Silk Road. The Dread Pirate Roberts is dead. Long live the Dread Pirate Roberts.


## Transcript

On October 1st in San Francisco, the FBI caught a guy named Ross Ulbricht who they suspect of selling drugs online through a website called Silk Road which is part of the Deep Web. And here is what you need to know about the Deep Web. The Deep Web is loosely speaking every part of the internet that is not indexed by search engines. Silk Road was on a part of the Deep Web of the Tor network. And what's interesting about the Tor network is it's a part of the internet where nobody knows who you are. It has complete privacy, complete anonymity. Anything you do there or say there cannot be associated with your identity or your life.

The government actually created the Tor network-- it was the Navy in particular-- and they did this because intelligence agents find it very useful. Law enforcement uses it for dissidents, journalists. But unfortunately, increasingly, criminals use it too. A lot of criminals, who used to have to find dark alleys where they could do their business, now simply do it on the Deep Web. They sell drugs, fake IDs, hacking software, and increasingly, weapons and child pornography. The Deep Web poses a major problem for the government. The government built it, but it doesn't know how to control it. The laws that govern search warrants relating to technology and networks are very old.

And as is generally the case, technology evolves a lot faster than the law does. Ironically, the need for Tor is even more urgent now than it was when Tor was first created. More and more, there are companies like Google and Facebook which make billions of dollars by collecting personal information. And we, as those users, are being asked to manage our personal information in ways that we never had to before. And Tor is the perfect tool for that. It provides all the privacy and the anonymity we could ever desire. Unfortunately, it has this terrible potential for abuse as well. Bottom- line, there really is no such thing as a bad technology.

Unfortunately, there are a lot of bad people out there.

```json
[{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/82552/the-silk-road-is-back-the-dread-pirate-roberts-sails-the-illicit-online-drug-trade-again/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/82552/the-silk-road-is-back-the-dread-pirate-roberts-sails-the-illicit-online-drug-trade-again/"},"headline":"The Silk Road Is Back: The Dread Pirate Roberts Sails The Illicit Online Drug Trade Again","datePublished":"2014-04-30T15:03:04.000Z","dateModified":"2026-08-04T08:02:46.252Z","description":"A new report to be released today by the Digital Citizens Alliance and obtained exclusively by TIME shows the arrest six months ago of Ross Ulbricht, the alleged founder of Silk Road, hasn't slowed down the illicit Darknet drug trade","url":"https://time.com/82552/the-silk-road-is-back-the-dread-pirate-roberts-sails-the-illicit-online-drug-trade-again/","keywords":["Technology","Tech","Silk Road"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/blta9df32035d44ddd9/69868d1df983e7554d04d90a/ap414402739762.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Jay Newton-Small","jobTitle":null,"url":"https://time.com/author/jay-newton-small/"}],"articleSection":"Politics","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/blta9df32035d44ddd9/69868d1df983e7554d04d90a/ap414402739762.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"Ross William Ulbricht","caption":"Ross William Ulbricht","creditText":"Vicki Behringer—AP","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/politics/","name":"Politics"}},{"@type":"ListItem","position":2,"item":{"@id":"/tag/technology/","name":"Technology"}},{"@type":"ListItem","position":3,"item":{"@id":"https://time.com/82552/the-silk-road-is-back-the-dread-pirate-roberts-sails-the-illicit-online-drug-trade-again/","name":"The Silk Road Is Back: The Dread Pirate Roberts Sails The Illicit Online Drug Trade Again"}}]},{"@context":"https://schema.org","@type":"VideoObject","name":"TIME Explains: The Deep Web","description":"The FBI takedown of the online market Silk Road reveals the challenges of regulating the Deep Web. Here's what you need to know.","thumbnailUrl":"https://cdn.jwplayer.com/v2/media/DQbujPQY/poster.jpg?width=720","uploadDate":"2013-10-31T00:08:30.000Z","contentUrl":"https://cdn.jwplayer.com/manifests/DQbujPQY.m3u8","embedUrl":"https://time.com/82552/the-silk-road-is-back-the-dread-pirate-roberts-sails-the-illicit-online-drug-trade-again/","duration":"PT2M19S","potentialAction":{"@type":"SeekToAction","target":"https://time.com/82552/the-silk-road-is-back-the-dread-pirate-roberts-sails-the-illicit-online-drug-trade-again/?jw_start={seek_to_second_number}","startOffset-input":"required name=seek_to_second_number"}}]
```

