The man known online as the “Dread Pirate Roberts” was sentenced June 1 to life in prison for running a $214 million online drug bazaar called Silk Road, despite pleas for leniency for the 31-year-old from friends and family who claimed he was naive in creating the website (United States v. Ulbricht, S.D.N.Y.sentencing).
Ross William Ulbricht was convicted of conspiracy and drug trafficking through the cyber-bazaar, where anonymous users used bitcoins to buy drugs, hacking tools and fake identification (10 WCR 81, 2/6/15).
The government warned that Silk Road has been used as a blueprint for ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.