After the FBI located the Silk Road’s server in Iceland in 2013 and arrested then 29-year-old Ulbricht in San Francisco, he was convicted on seven charges relating to the distribution of narcotics, money laundering, and computer hacking, as well as a “continuing criminal enterprise” statute—sometimes known as the “kingpin statute”—usually reserved for mob bosses and cartel leaders. In 2015, he was sentenced to life in prison, a punishment beyond even the 20-plus years that prosecutors in the case requested.
Referenced by
Ross Ulbricht was sentenced to life in prison in 2015 for charges including narcotics distribution, computer hacking, and money laundering, stemming from his operation of the Silk Road website
Crypto news
News event
Claim
The Silk Road was shut down after Ross Ulbricht's arrest in San Francisco in 2013, following the FBI locating the server in Iceland
Crypto news
News event
Claim