Silk Road Operator Ross Ulbricht Sentenced To Life in Prison
It has been coming for a long time now, but one of the most notorious trials in the history of Bitcoin has come to a conclusion. Silk Road owner and operator Ross Ulbricht has been found guilty on all charges, and will face a lifetime sentence in prison. Any pleas for leniency have fallen on deaf ears, and U.S. District Judge Katherine Forrest has made an example out of Mr. Ulbricht. Anyone with plans to operate an online marketplace with less than legal activities is hereby officially warned. Undermining The Law & Facilitating Criminal Transactions. Despite pleading naivete on his end,....
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This Friday Ross Ulbricht, the creator of the underground black market Silk Road, was sentenced to life in prison after making a plea for leniency. Silk Road was an unregulated online marketplace where buyers could buy drugs by paying with Bitcoin. Ross was convicted last February on seven charges going from drug trafficking to money laundering and he could have been sentenced to only 20 years, but U. S. District Judge Katherine B. Forrest stated she was making an example out of Ross Ulbricht. Ross Ulbricht has been jailed since the moment of his arrest back in October 2013 and never....
Ross Ulbricht, the convicted founder and operator of online black market Silk Road, was sentenced to life in prison yesterday after being found guilty of narcotics and computer hacking charges in February. The severity of the sentencing quickly set off a firestorm of comment and criticism, with debates centering on the alleged hypocrisy of the federal government and the morality of its handling of illicit Internet crime in context of its actions against the traditional financial sector. Such criticisms, however, were interspersed with live drama, as standing outside of a New York....
Nearly eight months after being sentenced to life in prison for his role in the operation of the now-defunct online black market Silk Road, Ross Ulbricht is seeking a new trial. In a new filing submitted to the US Court of Appeals for the Second Circuit, Ulbricht's defense – which declared its intent to appeal in June – argued that the court hid key evidence, particularly the actions of federal agents Carl Mark Force IV and Shaun Bridges amid the US government's investigation of the Silk Road. The defense also questioned the legality of some of the searches and seizures conducted during....
Convicted Silk Road operator Ross Ulbricht faces life in prison at a sentencing hearing tomorrow in New York. The end of the trial comes more than a year and a half after Ulbricht's legal battle with the US government first began. Ulbricht was found guilty in February of narcotics, computer hacking and conspiracy charges in connection with his operation of the Silk Road black market. As reported by Wired, prosecutors asked the court earlier this week that Ulbricht be given "a lengthy sentence" to dissuade other would-be dark market operators. "The court thus has an opportunity to send a....
Silk Road operator and kingpin Ross Ulbricht was sentenced on May 29 to life in prison for his involvement in the hidden Dark Web marketplace. While he is believed to be one of the many individuals behind the Dread Pirate Roberts pseudonym, he will spend his life behind bars in a maximum security penitentiary. Judge Katherine Forrest of Manhattan’s U.S. District Court for the Southern District of New York was the overseer of the case and offered no leniency to Ulbricht after his final statement in which he told the court, "I've had my youth, and I know you must take away my middle years,....