Tagged: silk road

Silk Road Founder Ross Ulbricht’s Latest Appeal Postponed

A judge has declared ‘moot’ Ross Ulbricht’s latest attempt to have his multiple life sentences voided/overruled lawyer Paul Grant failed to file papers withdrawing self as Ulbricht’s counsel. Ulbricht is seeking to have his sentences vacated and is alleging that original defense lawyer Joshua Drathel gave… Read More

Irish Silk Road Administrator Sentenced to Six Years

An Irish citizen accused in the United States of conspiring to distribute narcotics while working for the Dark Net illicit marketplace Silk Road has been sentenced to six years’ (78 months) imprisonment in the State of New York as well as 3 years’ of supervised… Read More

Long, Slow Arm of the Law: Police Bust Man Laundering Bitcoins from Silk Road More Than 6 Years After it Shut Down

An accused narcotrafficker has been charged with money laundering by the State of New York for allegedly trying to “wash $19 million in illicit cryptocurrency.” Hugh Brian Haney, 60, allegedly came by the funds as, “proceeds of his narcotics trafficking on the Dark Web site… Read More

Winklevosses and Shrem, Early Bitcoiners, Settle Old Score

The Winklevoss twins have reached a settlement with Charlie Shrem in the case they brought against him last November claiming he stole $61 000 USD of their funds and used them to buy 5000 Bitcoins in 2012. While details of the settlement are not publicly… Read More

Jailed Silk Road Dark Net Marketeer Appeals to Roger Ver for Help

Ross Ulbricht, the jailed founder one of the Dark Net’s first black marketplaces, Silk Road, has written to longtime Bitcoiner and Bitcoin Cash founder Roger Ver to appeal for his help in getting a presidential pardon. Ulbricht, 34, was sentenced in 2015 to two life… Read More

Mormon Silk Road Dark Net Marketeer Tells All in New Book

A Mormon grandfather in Utah has just published a memoire detailing his involvement with and the subsequent take down of notorious Dark Net marketplace Silk Road, KSL reports. The book, called Silk Road Takedown, is a saga of drugs, faked beatings and corrupt officers that may… Read More

Winklevoss Twins Suing Charlie Shrem, Say He Owes 5000 Bitcoins

The Citizens Jury Wheel Legal Court Trial Justice Judge Law

Lawyers for the Winklevoss twins want to know where “Bitcoin’s first felon” Charlie Shrem’s money is coming from, and are suing him for 5000 bitcoins they say he owes their clients, the New York Times (NYT) reports. Shrem and a partner from England started Bitinstant in… Read More

Accused Silk Road Conspirator Pleads Not Guilty in New York

A 29-year-old Irish citizen accused of helping run the Dark Net marketplace Silk Road under the pseudonym “Libertas” has pleaded not guilty in a New York courtroom to three charges stemming from the accusation, Irish publication The Times reports. Gary Davis arrived in New York… Read More

Current Bitcoin Demand is 90% Driven by Speculation, Not Illegal Acts, DEA Agent Says

An overwhelming majority of bitcoin transactions are taking place between speculators, says Drug Enforcement Agency (DEA) Agent Lilita Infante. Infante told Bloomberg recently that in the five years since she began doing forensics on Bitcoin’s immutable ledger, the ratio of illegal activity she detects being… Read More

The Dark Net’s Own Boy: Silk Road Captain Denied Last Chance to Appeal Life Sentence

Ross Ulbricht has been denied his last chance to appeal the sentence of double life plus forty years (with no chance of parole) he received after being convicted of running the “Silk Road” illicit online marketplace in 2015. The decision to deny the request was… Read More

Accused Silk Road Second in Command Extradited to US

Yet another computer-savant smart enough to have allegedly managed a vast Dark Web marketplace yet not quite smart enough to avoid countries with extradition treaties with the US is on his way there to face charges of conspiracy to traffic drugs and launder money. According… Read More

Crowdfunding Campaigns Launched to Defend Ross Ulbricht, Accused of Being “Mastermind” Behind Silk Road

The “illicit online marketplace” known as the Silk Road captured headlines around the world.  Part of the dark web, Silk Road was known as the clandestine location for illegal drugs, hacking programs and much more. The site was shut down by the FBI back in… Read More

Deep Web Film Just Makes Goal on Kickstarter

Deep Web: The Untold Story of Bitcoin and The Silk Road closed this past weekend and the crowdfunding film made goal during the final hours of the campaign.  Alex Winter, the project creator, is a well known actor, director who may be best known for… Read More

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