The former Eagle Scout known as “Dread Pirate Roberts” must serve a life sentence for running the multimillion-dollar Silk Road online drug bazaar, a federal appeals court said May 31 even as it questioned the usefulness of such harsh penalties (United States v. Ulbricht).
Ross William Ulbricht, who was found guilty of operating a site where people anonymously used bitcoins to buy drugs, hacking tools and fake identification, lost his appeal of his conviction and sentence.
He was convicted by a jury in February 2015 of seven criminal counts including conspiracy and drug trafficking, in a case that ...
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.