Ross Ulbricht Pleads Not Guilty to Most Recent Charges
There's quite a bit developing on the legal front of bitcoin. Just this week, it was reported that former BitInstant CEO Charlie Shrem and co-conspirator Robert Faiella had agreed to forfeit $950,000 as part of plea deals. We're now learning that the alleged founder of the illicit Silk Road marketplace has pleaded not guilty to most recent charges pressed against him, according to Forbes. This news comes just over two weeks following reports indicating that a new indictment was filed, with the addition of narcotics trafficking charges, distribution of narcotics via the Internet, and....
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Source: YouTube user Ross Ulbricht. In a Manhattan court, Ross Ulbricht pleaded 'not guilty' today on all charges related to his alleged founding and managing of the Silk Road online drug marketplace on the darknet, taken down late last year. Ulbricht's formal indictment came on Tuesday, in which a charge we haven't previously seen of running a "criminal enterprise" was made known to the public (other charges include narcotic trafficking and money laundering). Ulbricht's defense attorney, Joshua Dratel, had already hinted that Ulbricht would be pleading not guilty this week - eliminating....
Article updated with comment from Ross Ulbricht's legal defense. Ross Ulbricht, the accused ringleader of the now-defunct online black marketplace Silk Road, has plead not guilty to a series of new charges levied against him by federal prosecutors. Filed on 21st August, the charges include narcotics trafficking, conspiracy to traffic fraudulent identification documents and distribution of narcotics by means of the Internet. Those charges followed previous allegations that Ulbricht had engaged in drug trafficking, computer hacking, money laundering and engaging in a criminal enterprise. The....
The man prosecutors believer to be Dread Pirate Roberts, the creator of the Silk Road, has plead not guilty on all charges in a Manhattan court Friday. Ross Ulbricht, who was arrested last fall as part of the US government’s raid on the Silk Road black market, faces charges of conspiring to traffic narcotics, hack computers and launder money; he’s also been hit with the “kingpin statute,” according to Forbes, which refers to his alleged engagement in a “continuing criminal enterprise.” We’ll have to wait until Ulbricht’s trial in November to find out how well that Godfather-sounding charge....
Last month, Ross Ulbricht was found guilty by a federal jury in New York on all seven charges, including the "continuing criminal enterprise" charge normally reserved for traditional criminal organizations. Some of the bitcoins found on his laptop were sold off before the trial was concluded. Pundits nationwide speculated then that he will get the maximum penalty of life in prison, but his sentencing does not take place until May. High-profile felony cases are nearly always appealed, and occasionally even the most guilty-looking individuals either win or get a lighter sentence on appeal.....
Ross Ulbricht, the Texas native arrested in San Francisco last October in relation to the Silk Road online black marketplace, has entered a formal plea of 'not guilty' to all charges. The indictment hearing for the man accused of being the site's 'Dread Pirate Roberts' comes after more than 120 days in detention and interestingly, did not include any of the (up to) six alleged attempts to murder Silk Road cohorts by contract, none of which resulted in an actual death. The hearing and not-guilty plea comes after Ulbricht was formally indicted last Tuesday on charges of drug trafficking,....