Spike in Silk Road Interest No Boon for Ross Ulbricht Defense Fund

Spike in Silk Road Interest No Boon for Ross Ulbricht Defense Fund

Despite the rise in media attention surrounding Friday's auction of roughly 30,000 BTC seized from Silk Road, a website seeking to clear the name of the online black market's alleged leader, 30-year-old Ross Ulbricht, is not reporting any increase in donations. The bitcoins sold in the most recent auction were confiscated from the Silk Road website when it was seized by the US Federal Bureau of Investigation (FBI) last October. Notably, the US Marshals auction, of which VC Tim Draper emerged as the winner, did not include 144,000 BTC held by Ulbricht. Those bitcoins are the subject of an....


Related News

Silk Road Trial Evidence Against Ross Ulbricht Revealed

The New York City prosecutors' evidence against Ross Ulbricht has been released in the build up to the January 2015 Silk Road Trial. Ulbricht stands accused of being Dread Pirate Roberts (DPR), the head of Silk Road, one of the first in a long line of underground Deep Web/Dark Net marketplaces that rely on technology and cryptography to function. Though it has been over a year since the arrest of Ross Ulbricht at the beginning of October in 2013, the list of evidence that will be used by the Silk Road prosecutors in the January trial was obtained recently by the Daily Dot. Ross Ulbricht's....

Judge Rejects Ross Ulbricht Silk Road Defense On a Technicality

For the last two months, the lawyers for Ross Ulbricht have tried to shift the focus of the case onto the FBI, bringing into question the legality of their actions. How did the FBI obtain the information that brought down Silk Road and leads the current case again Ulbricht? Mr. Ulbricht is facing charges of drug trafficking, computer hacking, money laundering, and "continuing criminal enterprise." Ross Ulbricht, better know to many as the alleged DPR or the Dread Pirate Roberts, stands accused of creating a billion-dollar online black market known as Silk Road. Silk Road is a marketplace....

Ulbricht Defense Fund Gets Help from T-Shirt Company

Editor’s note: This article has been modified to change a typo. Previously, in the first paragraph, the article stated that 90% of every sale went to Ulbricht’s defense fund, when it is 10% of every sale. Bitcoin apparel company All Things Bitcoin now sells a Silk Road t-shirt, and 10% of every sale goes to the Ross Ulbricht Legal Defense Fund. This fund is hosted by the Free Ross Campaign, led by Ross’ mother Lyn Ulbricht. Currently, the Free Ross Campaign is raising money for Ross’ appeal fund. Priced at $19.99 USD, the Silk Road shirt has a simplistic design, featuring the original Silk....

Ross Ulbricht Convicted of Running Silk Road

Ross Ulbricht, the alleged mastermind behind the only online drug marketplace, has been convicted of running Silk Road under the name Dread Pirate Roberts. He faces life in prison. Ross Ulbricht, 30, who refused to testify in his own defense, was convicted of all seven crimes he was charged with, including including trafficking drugs on the Internet, narcotics-trafficking conspiracy, running a continuing criminal enterprise, computer-hacking conspiracy and money-laundering conspiracy. The verdict came after little more than three hours of deliberations from the jury. The jury consisted of....

How the FBI Likely Illegally Hacked Silk Road Servers to Find Alleged Pirate Ross Ulbricht

You might know him as "Dread Pirate Roberts" or just DPR but his real name is supposedly Ross Ulbricht, and he is the alleged founder of the underground exchange Silk Road. Mr. Ulbricht is currently facing charges of drug trafficking, computer hacking, money laundering, and "continuing criminal enterprise." The FBI has claimed to have gained the IP address to a server hosting Silk Road. This server led to the connection and current case against Mr. Ulbricht, but the means as to how the FBI gained this information has been in question. Mr. Ulbricht's defenses have made arguments last week....