Welshman Pleads Guilty to Silk Road 2.0 Drug Offences
A man in Wales has pleaded guilty to drug-related charges in a case stemming from the closure of dark marketplace Silk Road 2.0. 29-year-old Cei William Owens of Aberystwyth pleaded guilty to five charges at the Swansea Crown Court on Monday - supplying or offering to supply class A and B drugs, as well as three counts of possession, according to Wales Online. Owens, who allegedly sold magic mushrooms and cannabis on the site, was arrested as part of a National Crime Agency operation last year. Five other individuals across the UK were also arrested. No deal with prosecutors was involved.....
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The Silk Road 2.0 saga continues, a 29-year old Briton has pleaded guilty to supplying and possessing drugs on the Silk Road 2.0 platform. Silk Road 2.0 was the successor of nefarious drug-dealing platform Silk Road, created by Ross Ulbricht in order to create a use case for popular digital currency Bitcoin. The history of Bitcoin has been plagued by both Silk Road and Silk Road 2.0 platforms. Not because these platforms created new use cases for the popular digital currency, but because they are both associated with illegal substances, drugs and other illicit dealings. Ever since both....
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,....
Ross Ulbricht, founder of the infamous Silk Road drug market, will be remembered as one of bitcoin’s most relevant contributors, a man that grew bitcoin’s relevance to extraordinary levels, and became instantly popular following his arrest. Silk Road was a dark net market that ran on the TOR Network. At its peak, Silk Road accounted for 70% of all dark net drug sales. People wondered whether Ulbricht’s arrest was justified; consequently, his prison sentence became controversial as well. In the midst of the controversy it was later discovered that federal agents infiltrated the....
Michael Weigand faces a five-year maximum sentence for hiding his role with Silk Road from investigators.
Former Drug Enforcement Administration (DEA) agent Carl Mark Force IV, has admitted to stealing over $700,000 worth of bitcoin while running the Baltimore Silk Road investigation. Force, the lead undercover agent in communication with Ross Ulbricht - the mastermind behind the online drug marketplace now sentenced to life in prison - admitted using fake online personas to steal bitcoin from both the US government and investigated parties. He pleaded guilty to charges of extortion, money laundering and obstruction of justice. In connection to his plea, Force admitted he had offered to sell....