By Jonathan Stempel NEW YORK (Reuters) – The man accused of creating Silk Road, which U.S. authorities said was an online drug marketplace, lost his bid on Wednesday to dismiss a federal indictment accusing him of conspiring to deal illegal narcotics and launder money. Ross Ulbricht, who prosecutors said was known online as “Dread Pirate […]
(Reuters) – The U.S. government plans to auction about 30,000 bitcoin, the electronic currency, valued at about $17.4 million, on June 27 the U.S. Marshals Service said. The bitcoin were seized during an FBI raid in October on the Internet marketplace Silk Road, known as a hub for transactions involving illegal drugs and criminal activities. […]
NEW YORK – The accused mastermind of the online black market Silk Road pleaded not guilty to a host of criminal charges Friday in federal court in New York. Ross William Ulbricht, 29, wearing a blue prison suit for his arraignment, has denied all charges against him that he created and managed Silk Road. Authorities […]
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