Tag Archive: trial

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    Silk Road Defendant, Ross Ulbricht Demands A New Trial

    On February 4th, Ross Ulbricht was found guilty and convicted of owning and operating the online drug marketplace Silk Road. On hearing evidence brought by the FBI and DHS, a jury took less than three hours to find Ulbricht guilty of all seven charges levied against him. These charges include Narcotics trafficking conspiracy, running a criminal enterprise, computer hacking conspiracy, and money laundering conspiracy. Now Mr.Ulbricht’s defense attorneys are seeking a new trial based on

    · March 9, 2015 · 12:00 pm
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    US Marshals to Auction 50,000 of Ulbricht’s Bitcoins

    “The Silk Road underground website was the global venue for drug trafficking and money laundering, producing millions in dirty profits. DEA and others followed the money throughout this investigation, leading to this seizure. The website was used by drug dealers to put illicit drugs into our communities and literally at our doorsteps nationwide,” said DEA Special Agent in Charge, Brian R. Crowell. The US Marshals announced that it will auction off another set of 50,000

    · February 26, 2015 · 8:00 am