Saturday, May 30, 2015

Silk Road website founder jailed for life in New York


The founder of online illegal drug marketplace “The Silk Road”, Ross Ulbricht, has been sentenced to life in prison.

Prosecutors say that his dark web site sold more than $200m (£131m) worth of drugs anonymously.

He was found guilty of charges including conspiracy to commit drug trafficking, money laundering and computer hacking.

The site was shut down in 2013 after police arrested Ulbricht.

In February he was was convicted by a federal court in New York of operating the site for nearly three years from 2011.

Users used the online currency Bitcoin to purchase drugs such as heroin, cocaine and LSD.

The untraceable deals earned him at least $18m.

Prosecutors say that six people who died from overdoses bought drugs via the site.

The Silk Road was only accessible on the dark web, a part of the internet that requires the specialist Tor software to access.

Tor was created by the US government to help provide activists with anonymity but is now often used to mask illegal transactions.

As well as drugs, the Silk Road also offered hacking equipment and stolen passports.

Prosecutors had sought the heavy sentence as a deterrent.

US District Judge Katherine Forrest told Ulbricht that he was “no better a person than any other drug dealer”.

“There must be no doubt that lawlessness will not be tolerated,” she told a tearful Ulbricht.

Ulbricht had expressed remorse and had written to the judge begging to not receive a life sentence as it was akin to a death sentence, reports the BBC.

“I know you must take away my middle years,” he wrote. “but please leave me my old age.”

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