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Author Topic: Ross Ulbricht faces a potential life sentence starting tomorrow.  (Read 14018 times)
BitCoinNutJob
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January 27, 2015, 12:37:31 PM
 #141


check out this review of the 2nd week in the trial so far, doesnt look gr8 for ross.

https://www.youtube.com/watch?v=20dmQlJFPZo
picolo
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January 27, 2015, 12:58:19 PM
 #142


check out this review of the 2nd week in the trial so far, doesnt look gr8 for ross.

https://www.youtube.com/watch?v=20dmQlJFPZo

I don't even think the prosecution offered a deal to the defense.
jaberwock
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January 27, 2015, 01:19:29 PM
 #143


He is likely to get sentenced but he will appeal.

Well, all convicted criminals appeal their sentence, usually with little to no success.

He is indicted in a murder-for-hire in Maryland additionaly, which can still be used.


"Ulbricht allegedly agreed to pay $80,000 for the hit, half in advance and half when he had "proof" it was done.
But he was dealing with an undercover agent (UC) the whole time, and the authorities fooled him with staged images:

On or about February 21, 2013, Ross Ulbricht communicated with the UC via the Internet, to discuss the murder of the Employee. The UC told Ross Ulbricht that the Employee "died of asphyxiation/heart rupture" while being tortured. Via the Internet, the UC transmitted a staged photograph that purported to depict the Employee's dead body.
Ulbricht, upon receipt of the fake picture, then wired the other $40,000. "I'm pissed I had to kill him but what's done is done," he said, according to the indictment." - http://nymag.com/daily/intelligencer/2013/10/ross-ulbricht-silk-road-murder-plot-indictment.html


It is horrible if he really did that but I think we don't have all the needed informations to make a clear judgment in this case.


 Huh

Why not pay in Bitcoin, instead of wiring money Huh

And why send the money before verifying by other means that the dude died, since the image might be faked Huh

If it is true he deserves the prize of dumbest criminal of the recent history

hongw
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January 28, 2015, 06:05:02 AM
 #144


check out this review of the 2nd week in the trial so far, doesnt look gr8 for ross.

https://www.youtube.com/watch?v=20dmQlJFPZo

I don't even think the prosecution offered a deal to the defense.
Plea deals are very rarely (probably never) made public prior to them being accepted by both the judge and the defendant. He probably would not take any plea deal regardless as it would probably involve him giving up his rights to the almost $50 million worth of bitcoin, added to the fact that the allegations against him will essentially make him unemployable for the rest of his life. He essentially needs to go all in....all or nothing.....
picolo
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January 28, 2015, 11:12:58 AM
 #145


check out this review of the 2nd week in the trial so far, doesnt look gr8 for ross.

https://www.youtube.com/watch?v=20dmQlJFPZo

I don't even think the prosecution offered a deal to the defense.
Plea deals are very rarely (probably never) made public prior to them being accepted by both the judge and the defendant. He probably would not take any plea deal regardless as it would probably involve him giving up his rights to the almost $50 million worth of bitcoin, added to the fact that the allegations against him will essentially make him unemployable for the rest of his life. He essentially needs to go all in....all or nothing.....

If they offer 10 years and lost of bitcoins it would seem like a reasonable deal to consider for the defense but Ulbricht probably want to fight for justice and freedom.
alc
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January 29, 2015, 06:02:31 PM
 #146

I didn't find that anywhere and i think it's bullshit that someone under this big operation that he had enought money just from running the site, why would he risk the dealing?
Makes no sense Wink
It wasn't a big operation, the mushrooms were the first product on the site and that's exactly why he was growing them in the first place.

Go read the journal, it's interesting. It's also interesting to compare the early verbose, idealistic diary of 2011 against his later notes on running the site in 2013, the latter of which (if genuine) are quite chilling. Routine stuff about DDoS attacks and PHP upgrades and whatnot is punctuated with statements like "arranged hit with angels" as though arranging a murder was just another entry on the day's to-do list.
cozk
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January 29, 2015, 07:50:42 PM
 #147

The guy is so fucked its not even funny.

He's gone. Accept it.
BitCoinNutJob
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January 29, 2015, 07:56:15 PM
 #148


check out this review of the 2nd week in the trial so far, doesnt look gr8 for ross.

https://www.youtube.com/watch?v=20dmQlJFPZo

I don't even think the prosecution offered a deal to the defense.
Plea deals are very rarely (probably never) made public prior to them being accepted by both the judge and the defendant. He probably would not take any plea deal regardless as it would probably involve him giving up his rights to the almost $50 million worth of bitcoin, added to the fact that the allegations against him will essentially make him unemployable for the rest of his life. He essentially needs to go all in....all or nothing.....

If they offer 10 years and lost of bitcoins it would seem like a reasonable deal to consider for the defense but Ulbricht probably want to fight for justice and freedom.

If he gets 10 years although its BS that would be good news for him, with good behavior he can be out in under 7 years ? something like that.  Sucks though.
SOAD
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January 29, 2015, 08:27:16 PM
 #149

If he gets 10 years although its BS that would be good news for him, with good behavior he can be out in under 7 years ? something like that.  Sucks though.

Ha, he wishes he's get offered ten years. He's going to get 30-to-life unless his defense can work miracles. Being a major facilitator of every drug you can imagine, laundering millions and attempting to get people assassinated is going to get him more than a slap on the wrist.

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January 29, 2015, 08:47:11 PM
 #150

He's looking at 15-20, gets out after 12 and finds his bitcoins worth trillion dollars Cheesy Happy life

I was going to do something today but I haven't finished doing nothing from yesterday...
SOAD
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January 29, 2015, 09:09:21 PM
 #151

He's looking at 15-20, gets out after 12 and finds his bitcoins worth trillion dollars Cheesy Happy life

How many does he even have left? Didn't they confiscate most of them? I'm sure he'd probably give them all up though if he could spare himself jail. Ross doesn't seem the type of guy cut out for prison.

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January 29, 2015, 09:33:57 PM
 #152

He's looking at 15-20, gets out after 12 and finds his bitcoins worth trillion dollars Cheesy Happy life

How many does he even have left? Didn't they confiscate most of them? I'm sure he'd probably give them all up though if he could spare himself jail. Ross doesn't seem the type of guy cut out for prison.

He seems like an idiot for getting caught but I'm sure he managed to hide a few private keys in his granddad's basement. 

I was going to do something today but I haven't finished doing nothing from yesterday...
TheDreadPirateDickstein
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January 30, 2015, 12:15:01 AM
 #153

Can't help but feel a bit sorry for him.

No doubt what he did was wrong but he seems like a decent guy - apart from the planned murder of course...that's not so decent.

First post here, I'm usually at -other bitcoin forum-

Wonder if he has any assets tucked away? No doubt the money was a factor but it seems like he had ideals and a sense of adventure that turned him down this path.



Ross did nothing wrong. I'd have whacked those sonsabitches too. Somebody give Jack Welker a call!

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hongw
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January 30, 2015, 12:57:02 AM
 #154

He's looking at 15-20, gets out after 12 and finds his bitcoins worth trillion dollars Cheesy Happy life

How many does he even have left? Didn't they confiscate most of them? I'm sure he'd probably give them all up though if he could spare himself jail. Ross doesn't seem the type of guy cut out for prison.
He doesn't have any bitcoin left. The FBI was able to confiscate 144k BTC from his laptop when he was arrested.

His bitcoin is worth roughly $50 million now, although the government did sell a portion of it at a higher price then it is trading at now so the total value may be somewhat higher

However if he ends up spending any time in jail then he will likely not ever see a penny of the money that was found on his laptop
Mr Crabs
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January 30, 2015, 03:59:59 PM
 #155

He's looking at 15-20, gets out after 12 and finds his bitcoins worth trillion dollars Cheesy Happy life

How many does he even have left? Didn't they confiscate most of them? I'm sure he'd probably give them all up though if he could spare himself jail. Ross doesn't seem the type of guy cut out for prison.
He doesn't have any bitcoin left. The FBI was able to confiscate 144k BTC from his laptop when he was arrested.

His bitcoin is worth roughly $50 million now, although the government did sell a portion of it at a higher price then it is trading at now so the total value may be somewhat higher

However if he ends up spending any time in jail then he will likely not ever see a penny of the money that was found on his laptop

How do you know he hasn't got any bitcoins left? Surely he didn't keep all of his coins on his laptop and has some others stashed somewhere?
bf4btc
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February 03, 2015, 04:18:30 AM
 #156

How do you know he hasn't got any bitcoins left? Surely he didn't keep all of his coins on his laptop and has some others stashed somewhere?
In theory he could have some amount of bitcoin left, however I would find it somewhat unlikely. More or less all of Ross's property has been thoroughly searched by law enforcement. If there were private keys in digital format then they would likely have been found by now.

This would leave the possibility of Ross holding the private keys in his brain via a brain wallet, however I would find this unlikely as Ross does not seem to be the kind of person who has advanced knowledge to properly secure a brain wallet

████████████████████████
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funtotry
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February 03, 2015, 04:25:15 AM
 #157

Feel bad for the dude and how bad he has made bitcoin look. His private keys are completely wiped right? Or does he still have BTC that he is not giving up yet.

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February 03, 2015, 08:47:31 AM
Last edit: February 03, 2015, 09:22:51 AM by bitkilo
 #158

Anyone read this yet, interesting.
http://www.reddit.com/r/Bitcoin/comments/2ulkv7/read_the_transcript_of_silk_roads_boss_ordering_5/

Edit: Reading though this a lot just dosen't add up.
It's not until a few messages in that DPR ask R&W if he knows how to use PGP, do you really think someone running a site as big and illegal as silk road would talk about this sort of business over normal email or whatever message service they were using at the time.
R&W says he know about PGP and uses it in his daily business.
Just all seems fake to me, but as they say truth can be stranger than fiction.

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February 03, 2015, 01:03:23 PM
 #159

Feel bad for the dude and how bad he has made bitcoin look. His private keys are completely wiped right? Or does he still have BTC that he is not giving up yet.

Officially he doesn't have any btc left. It is very possible that the official version is true or that he doesn't have any substantial amount of btc left.
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February 03, 2015, 01:12:48 PM
 #160


If it is true he deserves the prize of dumbest criminal of the recent history

i think he already won with:

- living in the USA, i guess you shouldn't if you run Silk Road
- manage it from a public cafe, open laptop with no encryption
- paying a hitman on internet, proving the crime with a picture (loal)

if he really was the admin, he must be the winner for that prize
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