Silk Road Creator Ross Ulbricht Convicted for Cybercrimes
A federal jury found Ross Ulbricht, 30, guilty of running Silk Road, a sophisticated criminal online marketplace. Silk Road offered anything from cocaine to computer-hacking tools. The Californian man was found guilty of seven criminal charges, including narcotics-trafficking, money-laundering and computer hacking conspiracies. He faces life in prison. Ulbricht operated the site under the pseudonym Dread Pirate Roberts on a hidden part of the Internet called the Tor network and only accepted bitcoin (an anonymous digital currency) as payment.
By Jordan Moses
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