Feeds

Alleged Silk Road kingpin slapped with indictment in NY

Suspected proprietor of Bitcoin drugmart smacked with four charges

Security for virtualized datacentres

The man thought to be behind the Silk Road drug bazaar has been indicted in a New York district court, and charged with narcotics conspiracy, engaging in a continuing criminal enterprises, conspiracy to commit computer hacking, and money laundering conspiracy.

The charges against Ross William Ulbricht were announced by Preet Bharara, the United States Attorney for the Southern District of New York, in a statement on Tuesday.

Ulbricht is alleged to be the man behind online drugmart The Silk Road – a drug and nefarious services shopping catalog based within the Tor network that used Bitcoins for its transactions.

Ulbricht was arrested in a public library in San Francisco in October for his suspected role as the main operator of the notorious online drug market the Silk Road.

The 12-page indictment reiterates many of the charges made against Ulbricht at the time of his arrest, including allegations that he is behind the online persona the Dread Pirate Roberts, that he set up and managed the Silk Road, and that he solicited six murders-for-hire.

The prosecutors argue that "Silk Road was used by several thousand drug dealers and other unlawful vendors to distribute hundreds of kilograms of illegal drugs and other unlawful goods and services to well over a hundred thousand buyers".

The investigation remains ongoing.

Though these charges sound severe, Ulbricht so far seems unruffled: according to recent posts to a Facebook page run by his supporters, he has set up a Yoga group in the New York federal facility where he awaits trial. ®

Intelligent flash storage arrays

More from The Register

next story
Scrapping the Human Rights Act: What about privacy and freedom of expression?
Justice minister's attack to destroy ability to challenge state
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
Hey Brit taxpayers. You just spent £4m on Central London ‘innovation playground’
Catapult me a Mojito, I feel an Digital Innovation coming on
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
EU probes Google’s Android omerta again: Talk now, or else
Spill those Android secrets, or we’ll fine you
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.