US Prosecutors Unseal Charges Against Alleged Silk Road Advisor
US prosecutors have unsealed charges against who they believe is a former high-ranking employee of the Silk Road, the now-defunct online dark marketplace. Roger Thomas Clark was charged with conspiracy to traffic narcotics and conspiracy to launder money. He was arrested in Thailand on 3rd December, according to US Attorney's Office for the Southern District of New York, which characterized Clark as a "senior advisor" to the site who operated under the alias "Variety Jones", among others. The charges were originally filed under seal on 21st April, according to the filing. The government....
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Ross Ulbricht, the alleged owner and operator of Silk Road, is currently in two federal cases. In New York he is facing charges of narcotics conspiracy, money laundering and computer fraud and in Baltimore for a single murder-for-hire plot. Ulbricht will go on trial in New York on January 5, 2015, and while murder is not part of the charges he is facing, it is being used to discredit him and continues to creep into the case. In response to a request from prosecutors, Judge Katherine Forrest has allowed prosecutors to keep a list of their witnesses secret until January 2nd, the Friday....
Ross Ulbricht, the 29-year-old alleged mastermind behind the now-defunct online black market Silk Road has been indicted on charges related to computer hacking, drugs and money laundering, federal prosecutors revealed on 4th February. Notably, prosecutors found that Ulbricht engaged in "continuing criminal enterprise," a charge typically reserved for mafia members and high-profile gangsters, and sometimes referred to as "the kingpin statute". The charge adds 20 years to Ulbricht's minimum sentence, and carries a potential life sentence. Ulbricht faces a maximum life sentence for the crimes....
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 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....
The closure of Silk Road, the seizure and disposal of the Bitcoin assets, and the ongoing criminal charges against Ross William Ulbricht, the alleged owner, is potentially hugely damaging to all legitimate online businesses. These actions are indicative of a frightening lack of understanding of the nature of a state and the powers that it is and isn't correct for a state to enforce. It has been claimed that Silk Road was used for trading illegal narcotics, so the U. S. government swooped, on Silk Road and Ulbricht. The Silk Road's alleged owner is now facing a staggering array of criminal....