ZCoin Commits to Monthly Donations to Ross Ulbricht Defense
Back in September, we reported on a new privacy-centric cryptocurrency called ZCoin. Since then, the digital asset has launched, and now trades on certain exchanges. Now, the core ZCoin team is committing to a monthly donation to Ross Ulbricht charities. ZCoin Stands With Ross Ulbricht and the Ideals of the Silk Road. ZCoin is a cryptocurrency that uses....
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Despite the rise in media attention surrounding Friday's auction of roughly 30,000 BTC seized from Silk Road, a website seeking to clear the name of the online black market's alleged leader, 30-year-old Ross Ulbricht, is not reporting any increase in donations. The bitcoins sold in the most recent auction were confiscated from the Silk Road website when it was seized by the US Federal Bureau of Investigation (FBI) last October. Notably, the US Marshals auction, of which VC Tim Draper emerged as the winner, did not include 144,000 BTC held by Ulbricht. Those bitcoins are the subject of an....
Source: YouTube user Ross Ulbricht. An update to a story recently posted on the topic of alleged Silk Road founder Ross Ulbricht. After a bail hearing on the 21st of November, the court decided to not grant Ulbricht bail. Ulbricht's lawyer, Joshua Dratel set before the court the proposition to grant $1 million bail to Ulbricht (an amount pledged by Ulbricht's family and friends). The court decided this wasn't the way to go, particularly after hearing the Manhattan federal prosecutor's case that Ulbricht would try to flee the United States before it was time for his trial. Ulbricht's family....
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....
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....
Soon to be on trial, alleged Silk Road operator Ross Ulbricht is dealing with yet another rejection when it comes to his complex case. Most recently, Ulbricht - who federal officials suggest was known as "Dread Pirate Roberts" on the illicit Silk Road website - and his legal counsel suggested that the FBI's means of investigating Ulbricht was illegal and a breach of privacy rights, given the Bureau allegedly hacked his servers without proper warrants. Judge Katherine Forrest wasn't exactly having the defense, bringing up the point that Ulbricht hasn't admitted to own the servers. As such,....