Web3 Deep Dive

Silk Road Creator Blake Benthall Discusses Illicit Crypto Transactions, Bitcoin Payments & Privacy


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In this episode, Blake Benthall, Founder of FathomX and the creator of Silk Road 2.0 goes in depth on all things related to crypto and Bitcoin payments, traceable transactions, crypto crime, meme coins and much more. Benthall explains why crypto transactions are horrible for illicit activity. He also elaborates on the importance of Bitcoin payments. Benthall touches on privacy coins as well and the use cases associated with coins like Monero. 

This week's guest(s):

Operating under the pseudonym "Defcon," Blake Benthall spent a year building and expanding Silk Road 2.0 until his arrest by the FBI in November 2014. After time in solitary confinement and eight months in a federal detention center, Blake spent many years cooperating with the FBI’s Cyber Division on high-profile cases.

In May 2022, Blake launched Fathom(x) with support from angel investors, including a former FBI agent who initially arrested him. Fathom(x) is a blockchain analysis and risk management company that allows businesses and individuals to see all of their cryptocurrency transactions in one place and to know if they are compliant with U.S. laws.

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Web3 Deep DiveBy Rachel Wolfson