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Bitcoin Forum > Local > India > Press & News from India > [2015-02-05] FP: Silk Road operator convicted of online bitcoin drugs sale
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February 05, 2015, 05:38:53 PM
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Accused Silk Road operator convicted of online bitcoin drugs sale

http://tech.firstpost.com/news-analysis/accused-silk-road-operator-convicted-of-online-bitcoin-drugs-sale-253176.html

The suspected mastermind behind the underground website Silk Road was convicted on narcotics and other charges on Wednesday for his role in orchestrating a scheme that enabled around $200 million of anonymous online drug sales using bitcoins.

Ross Ulbricht, 30, was found guilty by a Manhattan federal jury on all seven counts he faced after a closely watched four-week trial spilling out of U.S. investigations of the use of the bitcoin digital currency for drug trafficking and other crimes.
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