IRS ruling to help Silk Road creator in court
"Ross Ulbricht cannot have been involved in money-laundering at Silk Road because Bitcoin is not regarded as a currency." The IRS ruling gives Ulbricht's lawyer weapons to fight. Remember Ross Ulbricht? The alleged creator of the Silk Road has been facing numerous charges after his black market was taken down last year. After pleading not guilty to all charges in February, it seems he now received some help from a rather unexpected source. No money to launder. In a motion filed over the past weekend, Ulbricht's lawyer Joshua Dratel argued that all charges against his client should be....
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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....
On the heels of Ross Ulbricht’s official Silk Road court case, it seems like the site is back online and more powerful than ever. The Silk Road returned under the title, “Silk Road Reloaded,” and claims to be even more private than its TOR predecessor. Utilizing an alternative network, called the Invisible Internet Project (I2P), the Silk Road Reloaded can only be accessed by downloading special software. In order to access the new Silk Road, interested parties need to download I2P software. The website URL is silkroadreloaded.i2p, but standard internet browsers will realize that the site....
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 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....
Carl Force, a 46 year old member of Baltimore’s Silk Road task force and former U.S. Drug Enforcement Administration agent who plead for for an agreement with prosecutors back in June is set to be sentenced on October 19, at the US District Court for the Northern District of California. A few months ago, Force was accused of abusing his DEA powers to illegally seize funds in a bitcoin exchange called CoinMKT and transferring bitcoins seized from the Silk Road investigation to his personal bitcoin and bank accounts in China. For a few weeks during the covert investigation, Force provided....