A former drug dealer has testified in court that he sold as much as US$70,000 worth of heroin each month through the Silk Road online market, which he saw as a safe, easy place to do business.
When operating outside of the law, you can't exactly rely on the police to protect your illegal enterprise from other criminals.
It was a simple Web search that led to the arrest of Ross Ulbricht, accused mastermind of the Silk Road underground online marketplace, a U.S. Internal Revenue Service special agent testified Monday in a Manhattan federal courtroom
A college friend of Ross Ulbricht, the creator of the Silk Road online exchange, testified on Thursday that he helped Ulbricht troubleshoot the site in its early days, providing more ammunition for federal prosecutors to make the case Ulbricht was the mastermind behind the notorious illegal goods marketplace.
Federal prosecutors used chat logs and private journals Wednesday to strengthen their case that Ross Ulbricht is Dread Pirate Roberts, the anonymous mastermind who ran the Silk Road online market.
A 26-year-old man has been charged with three counts of conspiracy for his alleged role in running Silk Road 2.0, which launched shortly after the demise of the first iteration of the infamous underground market.
In order to build a case against the notorious Silk Road underground marketplace, a team of U.S. law enforcement agencies spent well over a year casing the site: buying drugs, exchanging Bitcoins, visiting forums and even posing as a vendor, although they did stop short of selling any illicit goods.
The alleged mastermind behind the notorious "Silk Road" online marketplace maintained his innocence in court on Tuesday, asserting, through his lawyer, that while he started the site, he turned over all operations to other parties shortly thereafter.
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