Silk Road creator found guilty on all counts

[JordanWearinThe45]

After a trial of several weeks, a federal jury has found Ross Ulbricht guilty of running and operating the online black market known as Silk Road. He was found guilty on all seven charges, which include money laundering, narcotics trafficking and computer hacking. Ulbricht was accused of being the "Dread Pirate Roberts," the so-called kingpin of Silk Road, which he apparently started back in 2010 in order to sell hallucinogenic mushrooms. It then grew into a digital marketplace for narcotics which was cloaked in the Tor anonymity network to hide it from view. Silk Road also used bitcoin as its mode of currency because it's assumed that bitcoin's electronic nature makes it more difficult to track.

The case against Ulbricht was seemingly overwhelming. When arrested, his laptop was seized, and showed him logged into Silk Road under his pseudonym. Law enforcement also allegedly traced thousands of bitcoin transactions between Silk Road servers and Ulbricht's laptop, stating that a total of nearly $13.4 million was transferred to Ulbricht. Additionally, police found a "crumpled piece of paper" with details that contained a ratings system similar to one that was discussed on a Silk Road forum. Law enforcement was also able to track chat logs, forum posts, messages and emails that all point to the Dread Pirate Roberts dealings in drugs and, yes, even plotting the assassination of would-be blackmailers. Prosecutors accused him of spending almost $730,000 to arrange the hits, though there's no evidence that these murders actually took place.

The defense, for their part, said that though Ulbricht started Silk Road, he left a few weeks later, and that the Dread Pirate Roberts was someone else. They cited as evidence the fact that Silk Road 2.0 cropped up shortly after Ulbricht was arrested and that personal accounts are often duped or faked. Defense lawyers also pointed out that Mark Karpeles, the former head of Mt. Gox, the now-defunct Bitcoin exchange, was once under investigation as being the head of Silk Road. Unfortunately, the latter was not admissible in court as the judge deemed it merely law enforcement suspicion rather than anything concrete.

Ulbricht faces a maximum penalty of life in prison from the narcotics and criminal enterprise charges.

http://www.engadget.com/2015/02/04/silk-road-creator-found-guilty-on-all-counts/

 

[Banned Account12]

this dude is done

 

[Animal House]

Damn homie just didn't know when to back out. Be greedy brehs

 

[dBoyFresh*212]

What did he do was he caught with work or what

 

[Ciggavelli]

Trust Tor to be safe when it was developed by the US government brehs.

 

[TRFG]

@heisenburrr

 

[Just like bruddas]

he gonna turn state or what?

 

[JordanWearinThe45]

What did he do was he caught with work or what

Can you not read?

 

[yseJ]

Trust Tor to be safe when it was developed by the US government brehs.

tor in theory is safe
the problem is nowadays you cant use anything in a vacuum. you have to be OCD with cleaning up trails. this dude had his 'fame' get to his head. I bet ***** could easily track him down with any kind of organized effort.

 

[Ciggavelli]

tor in theory is safe
the problem is nowadays you cant use anything in a vacuum. you have to be OCD with cleaning up trails. this dude had his 'fame' get to his head. I bet ***** could easily track him down with any kind of organized effort.

It's safe if you know who the exit node is. Problem is that you don't always know and have to trust that it's a safe source. Plus didn't hackers expose that shyt recently? The Navy created TOR, so I assume there's some back doors that we don't know about either.

Really you're only safe if you use Tails on a laptop bought with cash from a big box store while using an open/public network with a vpn and proxy or two (and change your mac address constantly).

 

[dBoyFresh*212]

Can you not read?

im not tryna read that whole shyt

 

[JordanWearinThe45]

im not tryna read that whole shyt

You're an idiot.

 

[Barney Rubble]

It's safe if you know who the exit node is. Problem is that you don't always know and have to trust that it's a safe source. Plus didn't hackers expose that shyt recently? The Navy created TOR, so I assume there's some back doors that we don't know about either.

Really you're only safe if you use Tails on a laptop bought with cash from a big box store while using an open/public network with a vpn and proxy or two (and change your mac address constantly).

I thought they caught him cuz his dumbass used usernames on Tor that he used to use on regular forums that could easily be traced back to him.

 

[Ciggavelli]

I thought they caught him cuz his dumbass used usernames on Tor that he used to use on regular forums that could easily be traced back to him.

That would be fukking stupid as shyt. Doesn't surprise me though. This guy was trying to order hits and shyt too.

 

[CM_Burns]

The hit he supposedly ordered was on a guy who was blackmailing him for a few hundred grand. If it actually happened, I would think the feds could find out the blackmailing user's real life identity, given that they were had his username and they were able to find Dread Pirate Roberts.

You almost never win at the highest level of drug dealing.

There was a guy on the first Silk Road who sold 100-150k of Molly in 6 months to a year, then scammed people out of 100k after he was a trusted seller and left. If he was arrested it'd probably be known, so if nobody tracked down and murdered him he did alright.