Ross Ulbricht's Silk Road Defence Invokes Fourth Amendment
Ross Ulbricht's defence team has filed a new pre-trial motion calling on the court to dismiss charges in the Silk Road case on the grounds of Fourth Amendment privacy protections. Ulbricht's lawyers argue the charges should be dismissed due to the nature of the FBI's investigation. In particular, they allege the FBI acted without a valid search warrant when it discovered Silk Road servers in Iceland, and thereby violated Ulbricht's Fourth Amendment rights. The fourth amendment to the US Constitution is a part of the Bill of Rights and prohibits 'unreasonable' searches and seizures. It....
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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....
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, the alleged founder of online black marketplace Silk Road, has been denied bail. At the 29-year-old's bail hearing yesterday (21st November), defence lawyer Joshua Dratel proposed a bail package of over $1m, pledged by Ulbricht's friends and family. However, after hearing from a Manhattan federal prosecutor, who argued that Ulbricht would try to flee the US, Magistrate Judge Kevin Fox decided to turn down the bail request. Assistant US attorney Serrin Turner also claimed Ulbricht, who is alleged to have gone by the online alias of Dread Pirate Roberts (DPR), might present a....
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....