Ross Ulbricht Accused of Murder-for-Hire Scheme
Ross Ulbricht, the alleged owner of the seized online drug marketplace Silk Road, is now accused of plotting murder schemes of six people, including his own employee who, he believed, had stolen around $350,000 worth of Bitcoins from him. The US investigators, who were collecting evidence from Ulbricht's laptop to prove his alleged involvement with Silk Road, found some electronic communications which mentioned the suspected thief and the illegal methods to get rid of him, according to the filing mentioned on Bloomberg. The conversation was conducted in January and February 2013, in which....
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The alleged architect of the first Silk Road, known to users as Dread Pirate Roberts and to the government as Ross Ulbricht, is currently facing two separate federal cases. The first is in Baltimore for a single murder-for-hire plot which the government feels it has enough evidence to proceed. The other is in New York for four counts of participation in a narcotics trafficking conspiracy, running a continuing criminal enterprise, computer hacking, and a money laundering conspiracy. Also read: SecondMarket's Bitcoin Investment Trust Syndicate Won 48,000 BTC in Latest Silk Road Bitcoin....
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....
Ross Ulbricht has appealed his conviction and life sentence for running the online drug marketplace Silk Road, according to court documents filed Thursday. A jury found Ulbricht guilty in February on all seven counts with which he was charged, such as running a narcotics-trafficking enterprise, money laundering and computer hacking. Ulbricht wrote a letter to Judge Katherine Forrest asking her to "leave a light at the end of the tunnel" in sentencing and to "leave me my old age." She did not. Instead, Ulbricht received the harshest sentence possible, including a 20 year life sentence, one....
Ross Ulbricht's defense attorney, Joshua Dratel, does not deny that his client founded the Silk Road. Indeed, Ulbricht began the illicit dark web drug market in February 2011, Dratel says, as a sort "economic experiment" relating to Ulbricht's libertarian belief system. However, the defense claims that after a few months, Ulbricht "found it too stressful" and turned the reigns over to other people who had begun working on it with him. Also read: Prosecutors Using Murder-for-Hire Plots Against Ross Ulbricht in Drug Case. Ross Ulbricht: Dread Pirate Roberts? In a 2013 interview with what....
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.....