Ross Ulbricht Loses Bid to Dismiss Federal Silk Road Suit
Alleged Silk Road creator Ross Ulbricht has suffered a setback in his efforts to fight federal narcotics and money laundering charges after a US court rejected his bid to dismiss the suit. Ulbricht's lawyer originally sought to dismiss the charges in late March, citing flaws in the legal definition of money laundering. As well, the dismissal filing challenged allegations that Ulbricht directly conspired with Silk Road users. On 9th July, US District Judge Katherine Forrest rejected the defendant's claims regarding the validity of the charges, saying that there are sufficient grounds for....
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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....
50,000 Bitcoins are going to be auctioned in the coming weeks. Despite the fact that Ross Ulbricht is not scheduled to stand trial until after the holiday season, the US Marshal's Service is going ahead with a second round of their Silk Road Bitcoin Auction. These Bitcoins that are currently being sold through the beginning of December likely belong to Ross Ulbricht himself, not Silk Road or Silk Road users. In January, Ross Ulbricht and his lawyers signed a court order that allowed the USMS to sell Bitcoins belonging to Silk Road and all property traceable from said crime, "including but....
In the Second District Court of New York, the trial of Ross "Dread Pirate Roberts" Ulbricht began with jury selection on Tuesday. Ulbricht, 30, is being accused of running the notorious online marketplace 'Silk Road' back in 2013 before Federal authorities arrested him. He is faced with two Federal cases: there are charges of narcotics conspiracy, money laundering, and computer fraud in New York, and six charges of murder-for-hire plots in Baltimore. These charges could land him a sentence of life in prison. Also read: Silk Road Trial Evidence Against Ross Ulbricht Revealed. 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....
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....