Silk Road Founder Is Sentenced To Two Life Terms Without Parole
Springer Ulbricht, convicted founder of the Silk Road online drug marketplace, was sentenced by a US federal judge to two life prison terms without parole. He daher received several other sentences for convictions on lesser charges and was ordered to forfeit $184 million of the $187 million his site made before it was shut down two years ago. Ulbricht was convicted of trafficking drugs on the internet, and conspiracy for narcotics-trafficking, computer-hacking, money-laundering and running a criminal enterprise which generated some $1.2 billion in illegal bitcoin-based drug transactions. The sentence exceeds the 20-year mandatory minimum for the crimes, despite the defendant’s…
This story continues at The Next Web
from The Next Web http://ift.tt/1ADdWoV
via IFTTT