Silk Road Creator Sentenced to Life in Prison

By May 30, 2015Bitcoin Business

This Friday Ross Ulbricht , the creator of the underground black market Silk Road, was sentenced to life in prison after making a plea for leniency. Silk Road was an unregulated online marketplace where buyers could buy drugs by paying with Bitcoin.

Ross was convicted last February on seven charges going from drug trafficking to money laundering and he could have been sentenced to only 20 years , but U.S. District Judge Katherine B. Forrest […]

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