Silk Road was an online black market and the first modern darknet market, best known as a . Ulbricht was indicted on charges of money laundering, computer hacking, conspiracy to traffic narcotics, and attempting to have six people killed. Owner : Ross William Ulbricht ( pseudonym "Dr. . It should be noted that coins were not the only form of money on the Silk Road, as recent studies on textiles have shown. Unlike standard money issued by Federal Reserve banks, cryptocurrency like Bitcoin doesn't have any physical form or gold backing hence making it rather.