A Decade Later, Ross Ulbricht’s Silk Road Sentencing Demonstrates The Governm...
Silk Road Founder Ross Ulbricht’s excessive 2013 sentencing betrays the U.S. government’s fear of Bitcoin and dollar competition.This is an opinion editorial by Aaron Daniel, an appellate attorney and author of “The Bitcoin Brief," and William D. Mueller, an appellate attorney with a nationwide practice.Following a multi-week trial in Manhattan’s United States District Court for the Southern District of New York, Ross Ulbricht, the creator and operator of the Silk Road — one of the first marketplaces to exclusively utilize bitcoin — was sentenced to die in prison. The jury....
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There have been a few developments in the Silk Road case, and we will cover the main findings regarding the ongoing trial including Ross Ulbricht. The main change in the Ross Ulbricht case is the evidence presented by the FBI. The most important object was Ross Ulbricht’s laptop that was shown to have a digital journal that depicted his involvement in Silk Road as well as creating it. The information found in the journal is very extensive and quite interesting. He begins depicting his past. A man broken by heartbreak and the lack of opportunities. He is shown to be desperate:
The story of Silk Road and its creator Ross Ulbricht are inextricably linked to bitcoin’s history. In February 2011, the dark web black market was one of the first web stores to go bitcoin-only, providing an undeniable use case for the bitcoin network as a payment rail. On the other hand, the Silk Road stained […]
Today marks a significant day for Ross Ulbricht, founder of Silk Road, as he rests his hopes on an appeal that could see him spending any part of his sentence outside prison. Before Silk Road was seized by the FBI in 2013, it was considered as the most sophisticated marketplace on the Internet. Attracting people because of the anonymity it provided its users, it sold fakes IDs, drugs, computer hacking tools, and other illegal items to people across the world. Due to Silk Road’s concealment, it took undercover investigators years before they were finally able to discover that Ross Ulbricht....
The film will reportedly focus on what led to Ross Ulbricht’s arrest as the founder of the darknet marketplace. Silk Road founder Ross Ulbricht’s story is coming to the silver screen in 2021 following an announcement from major entertainment company Lionsgate.According to Deadline, Lionsgate has acquired the rights to the Silk Road movie and plans to release the feature in theaters and online starting on Feb. 19. The film will reportedly be based on the 2014 Rolling Stone article Dead End on Silk Road, focusing on the lead up to Ulbricht’s arrest as the founder of the darknet....
The Silk Road case will make headlines again this week with Ross Ulbricht's sentencing. One of the players in the still unfolding saga is Assistant US Attorney Kathryn Haun, who heads digital currency initiatives for northern California at the US Department of Justice. Haun will speak on the blockchain and transparency at Consensus 2015. With Ross Ulbricht's sentencing due Friday, the Silk Road story is a hot topic once again. But even when Ulbricht's sentencing is complete, the saga looks to be far from over. One of the stranger twists in an already convoluted tale is the case against two....