Tag Archives: ulbricht

Silk Road Founder Convicted of Running Illegal Online Marketplace

Ross Ulbricht has been convicted of all seven criminal charges for his role in deep web marketplace Silk Road. The conviction holds him responsible as site operator Dread Pirate Roberts, and prosecutors said Ulbricht had collected over $18 million worth of bitcoins in fees, mostly from drug sales, CBC reports Continue reading

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Undercover Agent Used Employee Credentials to Arrest Silk Road Boss

The arrest of alleged Silk Road mastermind Ross Ulbricht was the result of an undercover agent receiving a Silk Road employee’s credentials, a government witness testified at Ulbricht’s trial on Wednesday, according to a Wall Street Journal blog. Continue reading

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