DHS Witness Suggests Karpeles was the Mastermind Behind Silk road

DHS Witness Suggests Karpeles was the Mastermind Behind Silk road

So the latest news in the Ulbricht case is being widely discussed on Reddit, and could be a potential game changer in the case's outcome. On day three of the trial, Ulbricht's defence team managed to draw out of a Department of Homeland Security witness that Mt Gox founder Mark Karpeles was the driving force behind the illegal marketplace Silk Road, and that Ulbricht gave up control of the site to Karpeles in its early days. From the stand, Jared DerYeghiayan, a witness from the United States Department of Homeland Security, said that the DHS had: a wealth of evidence to prove that....


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Mt Gox CEO Mark Karpeles Implicated in Silk Road Trial

Mark Karpeles has denied claims he operated Silk Road Marketplace. The trial of alleged Silk Road ringleader Ross Ulbricht heated up today during the questioning of a US Department of Homeland Security (DHS) agent by the defense team, led by Ulbricht's lawyer Joshua Dratel. The DHS witness, agent Jared DerYeghiayan, reportedly claimed that Mark Karpeles, former CEO of the embattled bitcoin exchange Mt Gox, was once suspected to be the online black market's mastermind, Dread Pirate Roberts. Reporters from the courtroom took to Twitter to address his claims; two suggested that the defense....

Ross Ulbricht Convicted of Running Silk Road

Ross Ulbricht, the alleged mastermind behind the only online drug marketplace, has been convicted of running Silk Road under the name Dread Pirate Roberts. He faces life in prison. Ross Ulbricht, 30, who refused to testify in his own defense, was convicted of all seven crimes he was charged with, including including trafficking drugs on the Internet, narcotics-trafficking conspiracy, running a continuing criminal enterprise, computer-hacking conspiracy and money-laundering conspiracy. The verdict came after little more than three hours of deliberations from the jury. The jury consisted of....

Undercover Silk Road Agent Believed Dread Pirate Roberts (DPR) to Be Mark Karpeles of Mt. Gox

Is Mark Karpeles the infamous Dread Pirate Roberts? The Ross Ulbricht trial currently ongoing in New York City has taken an unexpected turn. The defense, with the help of the undercover Silk Road agent working for the Department of Homeland Security, Der-Yeghiayan, has seemingly successfully presented the case that the culpable Dread Pirate Roberts behind Silk Road was not Ross Ulbricht but Mark Karpeles of Mt. Gox instead. Joshua Dratel, Ross Ulbricht's lawyer, told the court:

DHS Agent Believed Mark Karpeles to Be Head of Silk Road

The number two spot for the most hated man in Bitcoin has changed a lot. Currently, it might just be Josh Garza as many PayCoin investors are not happy with the results of that investment. For a while it was Butterfly Labs CEO Sonny Vleisides, and for a while it was that NewsWeek reporter. But the number one spot has never been up for debate. It has been and may always be, former Mt. Gox CEO Mark Karpeles. Losing or stealing 300 million dollars worth of Bitcoin will do that to you. Now, we are finding out that he may have had his hands in more things than most people ever imagined. A....

Bitcoin News Roundup – January 18th, 2015

This week saw the beginning of alleged Silk Road operator Ross Ulbricht’s trial in a federal courthouse in Manhattan. Ulbricht’s counsel began the trial on an interesting note, arguing that Ulbricht indeed founded the site, but that he was not the Dread Pirate Roberts, the mysterious operator of the online free marketplace. In a cross-examination of DHS....