Trial of Ross Ulbricht, Alleged Head of Silk Road, Postponed Until Early 2015

Trial of Ross Ulbricht, Alleged Head of Silk Road, Postponed Until Early 2015

Ross Ulbricht will no longer be standing trial on November 10th, 2014 for his alleged part in the Silk Road underground marketplace. Instead, Wired Reporter Andy Greenberg has reported that the trial has been delayed by two months, to January 2015. Ross Ulbricht faces multiple charges of drug trafficking, computer hacking, money laundering, and "continuing a criminal enterprise." The charges are serious to say the least. Silk Road, an infamous Deep Net marketplace billed as "Amazon for drugs," was taken offline by joint government agency action in October of 2013. On that day, the FBI....


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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....

Court Delays Ross Ulbricht Silk Road Trial Until January 2015

The case against alleged Silk Road creator Ross Ulbricht has been delayed until next year. Wired reporter Andy Greenberg first reported on Twitter that Ulbricht's defense counsel had sought to postpone the start of trial, which was scheduled to begin on 10th November. US District Judge Katherine Forrest then adjourned the trial until early January. Ulbricht has pled not guilty to charges of drug trafficking, money laundering, hacking and criminal enterprise, and in August pled not guilty to additional drug and conspiracy charges. The prosecution is arguing that Ross Ulbricht is the....

Ross Ulbricht May Face Life in Prison for Alleged Silk Road Activity

Here at CryptoCoinsNews we have been following the story of Ross Ulbricht, the alleged leader and criminal mastermind behind Bitcoin-dependent website Silk Road. The website was taken down by federal authorities in 2013, and Ulbricht arrested. The trial is set to begin this week, and the evidence against him has long since been released. Now, the actual charges and potential sentence are revealed, as he looks at life in prison for multiple counts and criminal offenses related to his alleged control of Silk Road. Also read: Judge Rejects Ross Ulbricht's Silk Road Defence On a Technicality.....

Ross Ulbricht Trial Delayed Until January 2015

Things just don't seem to be getting any better for Ross Ulbricht, the man Federal authorities say ran the illicit Silk Road marketplace (which allowed consumers to buy narcotics and other items using bitcoin) as DPR (or "Dread Pirate Roberts"). Just yesterday, it was reported that a New York Judge swatted down his recent defense claim that the FBI's investigation methods were flawed and illegal, and now, he's going to have to be waiting a bit longer before standing trial. Andy Greenberg of Forbes published on Twitter news today that Mr. Ulbricht's trial has been delayed. Originally....

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....