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thejaytiesto
Legendary
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Activity: 1358
Merit: 1014
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February 06, 2015, 01:27:18 AM |
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I guess the FEDS or whatever will save them, or audit them, same as they did with the other Silk Road coins.
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pedrog
Legendary
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Activity: 2786
Merit: 1031
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February 06, 2015, 01:33:41 AM |
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His bitcoin account?!
That article is beyond old news, and needs spell-check...
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Chef Ramsay
Legendary
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Activity: 1568
Merit: 1001
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February 06, 2015, 04:20:32 AM |
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The Feds already auctioned off a portion of Ross' coins and the next few batches are coming in due time. Ross is screwed and will likely get a life sentence and more when the hearing takes place on the 30th of May. He's finished unless an appeal gets him some justice.
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bitcoin_bagholder
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February 06, 2015, 04:59:03 AM |
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Consider all his bitcoins gone (proceeds of crime) unless he managed to hide some.
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Bitmixer sucks
Bit-X sucks
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ajaxmoor
Legendary
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Activity: 1372
Merit: 1000
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February 06, 2015, 05:07:28 AM |
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maybe there will be another auction soon. The question I have is, what happened to the other 1.7 Million USD worth of Btc that the cops took as posing as the assasins. |
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Dondie
Full Member
Offline
Activity: 157
Merit: 100
HUKOM BITAY! ✝✝✝
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February 06, 2015, 09:30:16 AM |
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The Feds already auctioned off a portion of Ross' coins and the next few batches are coming in due time. Ross is screwed and will likely get a life sentence and more when the hearing takes place on the 30th of May. He's finished unless an appeal gets him some justice.
Too young to be spending his entire lifetime in the can |
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Bitzkrieg
Full Member
Offline
Activity: 150
Merit: 100
------bitcoiner@heart.email
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February 07, 2015, 05:21:47 AM |
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The Feds already auctioned off a portion of Ross' coins and the next few batches are coming in due time. Ross is screwed and will likely get a life sentence and more when the hearing takes place on the 30th of May. He's finished unless an appeal gets him some justice.
Too young to be spending his entire lifetime in the can He shouldve thought about that when he started Silk Road |
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cheekychap
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February 07, 2015, 05:27:23 AM |
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Just some few questions, what will happen to Ulbricht's Bitcoin account? Where will his millions and millions worth of BTC go?
Will his things be confiscated after the sentencing?
What do you think?
Well, the government did an auction for the bitcoins they confiscated from SR before. I am sure they would probably do the same thing again. |
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bryant.coleman
Legendary
Offline
Activity: 3654
Merit: 1217
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February 07, 2015, 06:52:08 AM |
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Consider all his bitcoins gone (proceeds of crime) unless he managed to hide some.
Do you really think that he never had any personal BTC wallets other than those he had in SR? He definitely had at least a dozen. And he is never going to reveal them to anyone. |
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cheekychap
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February 07, 2015, 07:17:34 AM |
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Consider all his bitcoins gone (proceeds of crime) unless he managed to hide some.
Do you really think that he never had any personal BTC wallets other than those he had in SR? He definitely had at least a dozen. And he is never going to reveal them to anyone. Well if he is jailed for life, then whats the point of having them ? He might as well, give the details to someone. Giving the money to his family is worse as they might get in trouble because of it too. |
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viboracecata
Legendary
Offline
Activity: 1316
Merit: 1000
Varanida : Fair & Transparent Digital Ecosystem
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February 07, 2015, 07:20:29 AM |
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Will he be sentenced to death?
Anyway, Godess bless him
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BTCreward
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February 07, 2015, 06:32:19 PM |
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Consider all his bitcoins gone (proceeds of crime) unless he managed to hide some.
Do you really think that he never had any personal BTC wallets other than those he had in SR? He definitely had at least a dozen. And he is never going to reveal them to anyone. Well if he is jailed for life, then whats the point of having them ? He might as well, give the details to someone. Giving the money to his family is worse as they might get in trouble because of it too. It would be nearly impossible to give the details of his wallets to anyone without the government intercepting the conversations and first gaining access to the wallets. Conversations with any visitors are almost always monitored/recorded with inmates and conversations with his attorney are privileged however his attorney is not able to break the law by laundering the bitcoin though him |
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BitCoinNutJob
Legendary
Offline
Activity: 1316
Merit: 1000
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February 07, 2015, 06:57:50 PM |
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Will he be sentenced to death?
Anyway, Godess bless him
No i think the maximum penalty is 30 - life for his crimes. At this point im going to put in a prediction he gets 22 years. |
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readysalted89
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February 07, 2015, 07:14:23 PM |
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Just some few questions, what will happen to Ulbricht's Bitcoin account? Where will his millions and millions worth of BTC go?
Will his things be confiscated after the sentencing?
What do you think?
Well, the government did an auction for the bitcoins they confiscated from SR before. I am sure they would probably do the same thing again. This article quotes the US government as saying “We do anticipate that we will hold another bitcoin auction in the first quarter of this year." |
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Buffer Overflow
Legendary
Offline
Activity: 1652
Merit: 1015
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February 07, 2015, 09:04:39 PM |
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Too young to be spending his entire lifetime in the can
But old enough to be responsible for his own actions. |
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homeless hacker
Member
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Activity: 67
Merit: 10
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February 08, 2015, 12:40:24 AM |
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Ross is probably going to get 20 years per charge. If lucky, they will all run concurrent. This would make it possible for him to get out in 20 yrs as opposed to 100+ years if they did not run concurrent with one another.
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Brewins
Legendary
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Activity: 1120
Merit: 1000
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February 08, 2015, 01:14:09 AM |
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any chance of him getting some kind of agreement?
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Phildo
Legendary
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Activity: 1526
Merit: 1000
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February 08, 2015, 05:13:19 AM |
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maybe there will be another auction soon. The question I have is, what happened to the other 1.7 Million USD worth of Btc that the cops took as posing as the assasins. The cops only got 80k for not killing anyone. The rest went to the Hell's Angels (if anyone actually got killed) or to scammers pretending to be the Hell's Angels and then pretending to kill people that don't appear to exist. |
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bryant.coleman
Legendary
Offline
Activity: 3654
Merit: 1217
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February 08, 2015, 10:48:13 AM |
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Consider all his bitcoins gone (proceeds of crime) unless he managed to hide some.
Do you really think that he never had any personal BTC wallets other than those he had in SR? He definitely had at least a dozen. And he is never going to reveal them to anyone. Well if he is jailed for life, then whats the point of having them ? He might as well, give the details to someone. Giving the money to his family is worse as they might get in trouble because of it too. It would be nearly impossible to give the details of his wallets to anyone without the government intercepting the conversations and first gaining access to the wallets. That is correct. So in short, all his Bitcoin stash will remain inactive for the next few decades at least. If he is ever released from prison (that is a very distant chance), then he might be able to use them. |
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Jeff Chang
Newbie
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Activity: 21
Merit: 0
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February 08, 2015, 11:04:57 AM |
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How do you know his 'personal stash' wasn't taken. He was pretty stupid to have kept any coins at all on his computer. They should have been safe far away from him just in case anything happened to him.
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picolo
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February 08, 2015, 11:27:26 AM |
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Some have been sold and the rest will likely be sold as well if he is sentenced. |
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BTCreward
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February 08, 2015, 06:09:19 PM |
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Consider all his bitcoins gone (proceeds of crime) unless he managed to hide some.
Do you really think that he never had any personal BTC wallets other than those he had in SR? He definitely had at least a dozen. And he is never going to reveal them to anyone. Well if he is jailed for life, then whats the point of having them ? He might as well, give the details to someone. Giving the money to his family is worse as they might get in trouble because of it too. It would be nearly impossible to give the details of his wallets to anyone without the government intercepting the conversations and first gaining access to the wallets. That is correct. So in short, all his Bitcoin stash will remain inactive for the next few decades at least. If he is ever released from prison (that is a very distant chance), then he might be able to use them. Well it also depends on how he stored the private keys. If he stored them on a server that the government is not aware of (and has not seized) then it would be possible that he would effectively lose the private keys as soon as his hosting expires (and payment is not received). Based on the fact that Ross didn't seem to think he could get caught I would somewhat doubt that he had paid for hosing years in advance. The only real way he realistically could ever recover the bitcoin is if he had stored them in a brain wallet, and the fact that there are so few large addresses that match the description of the 'missing' bitcoin I would find this unlikely (although he could have memorized the seed for his electrum wallet for example) |
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Buffer Overflow
Legendary
Offline
Activity: 1652
Merit: 1015
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February 08, 2015, 06:19:50 PM |
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The only real way he realistically could ever recover the bitcoin is if he had stored them in a brain wallet, and the fact that there are so few large addresses that match the description of the 'missing' bitcoin I would find this unlikely
He would only need to have one brainwallet address. He could then just sha256 hash it to get another private key and so on.... |
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picolo
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February 08, 2015, 07:30:07 PM |
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The only real way he realistically could ever recover the bitcoin is if he had stored them in a brain wallet, and the fact that there are so few large addresses that match the description of the 'missing' bitcoin I would find this unlikely
He would only need to have one brainwallet address. He could then just sha256 hash it to get another private key and so on.... They found so many BTC that it may have been all the bitcoins he owned. Maybe he have a few small wallets here and there and he could write a book, start a franchise or even start a bitcoin business to make a living and spread his ideas. |
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BTCreward
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February 08, 2015, 08:58:30 PM |
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The only real way he realistically could ever recover the bitcoin is if he had stored them in a brain wallet, and the fact that there are so few large addresses that match the description of the 'missing' bitcoin I would find this unlikely
He would only need to have one brainwallet address. He could then just sha256 hash it to get another private key and so on.... In theory this is correct, however I don't think comes off as smart enough to do something like this. My impression is that he got most of his security related advice from others. I would personally say the most likely scenario is that he had the private keys stored on other servers whose hosting will eventually expire......either that or he was running on a fractional reserve and the rest of the funds were either spent or lost (he did have $2 million worth of funds lost on gox) |
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Buffer Overflow
Legendary
Offline
Activity: 1652
Merit: 1015
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February 08, 2015, 09:49:02 PM |
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The only real way he realistically could ever recover the bitcoin is if he had stored them in a brain wallet, and the fact that there are so few large addresses that match the description of the 'missing' bitcoin I would find this unlikely
He would only need to have one brainwallet address. He could then just sha256 hash it to get another private key and so on.... In theory this is correct, however I don't think comes off as smart enough to do something like this. Well yeah. A smart person wouldn't of started a dodgy drug trading site in the first place. Your gonna get caught sooner or later, guaranteed. |
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doggieTattoo
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February 08, 2015, 10:29:30 PM |
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Well yeah. A smart person wouldn't of started a dodgy drug trading site in the first place. Your gonna get caught sooner or later, guaranteed.
His lack of security is not even that. He even started out using an email address that contained his real name when he was trying to hire people to help him get the site started. He honestly should have closed the site down when he was getting blackmailed by the person who claimed to be in Canada. Either that or shut it down when the guy in MD was arrested. By then he had made a lot of money and as of then he probably would not have gotten caught |
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BigGameCAsino
Member
Offline
Activity: 112
Merit: 10
Want A Personal Coin? PM ME!
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February 09, 2015, 12:19:29 AM |
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The US government have all the BTC from Ulbricht. |
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TheDreadPirateDickstein
Member
Offline
Activity: 140
Merit: 10
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February 09, 2015, 01:14:56 AM |
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The Feds already auctioned off a portion of Ross' coins and the next few batches are coming in due time. Ross is screwed and will likely get a life sentence and more when the hearing takes place on the 30th of May. He's finished unless an appeal gets him some justice.
Too young to be spending his entire lifetime in the can He shouldve thought about that when he started Silk Road You should have thought more carefully before you spoke. You don't belong here. |
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BigGameCAsino
Member
Offline
Activity: 112
Merit: 10
Want A Personal Coin? PM ME!
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February 09, 2015, 03:08:35 AM |
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The Feds already auctioned off a portion of Ross' coins and the next few batches are coming in due time. Ross is screwed and will likely get a life sentence and more when the hearing takes place on the 30th of May. He's finished unless an appeal gets him some justice.
Too young to be spending his entire lifetime in the can He shouldve thought about that when he started Silk Road You should have thought more carefully before you spoke. You don't belong here. And you belong here? |
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Bralex
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February 09, 2015, 03:13:47 AM |
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The money was already spent before they busted his ass, planned robbery and set up as he was taking some of their customers  Seriously though the coins are theirs to do as they please, was it 100,000 BTC plus the other 80k? That's quite a good robbery poor Ross bet he is pissssed. |
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MasterCasino
Member
Offline
Activity: 91
Merit: 10
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February 12, 2015, 09:54:54 AM |
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I just hope that the coins would be sent to the homeless and charity. Maybe just to have some good over incident. |
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Coogan
Newbie
Offline
Activity: 54
Merit: 0
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February 12, 2015, 10:12:37 AM |
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Well yeah. A smart person wouldn't of started a dodgy drug trading site in the first place. Your gonna get caught sooner or later, guaranteed.
His lack of security is not even that. He even started out using an email address that contained his real name when he was trying to hire people to help him get the site started. He honestly should have closed the site down when he was getting blackmailed by the person who claimed to be in Canada. Either that or shut it down when the guy in MD was arrested. By then he had made a lot of money and as of then he probably would not have gotten caught The power/money/infamy had obviously corrupted him and he was willing to go to whatever lengths to protect his interests and that included paying lots of money to murder threats to his empire so he wasn't ever going to shut the site down. |
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crazy_rabbit
Legendary
Offline
Activity: 1204
Merit: 1001
RUM AND CARROTS: A PIRATE LIFE FOR ME
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February 12, 2015, 11:55:30 AM |
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Well yeah. A smart person wouldn't of started a dodgy drug trading site in the first place. Your gonna get caught sooner or later, guaranteed.
His lack of security is not even that. He even started out using an email address that contained his real name when he was trying to hire people to help him get the site started. He honestly should have closed the site down when he was getting blackmailed by the person who claimed to be in Canada. Either that or shut it down when the guy in MD was arrested. By then he had made a lot of money and as of then he probably would not have gotten caught The power/money/infamy had obviously corrupted him and he was willing to go to whatever lengths to protect his interests and that included paying lots of money to murder threats to his empire so he wasn't ever going to shut the site down. It seems that money/power/greed/stupidity are powerful forces, perhaps vastly more powerful than any us not in that situation could imagine. |
more or less retired.
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crazy_rabbit
Legendary
Offline
Activity: 1204
Merit: 1001
RUM AND CARROTS: A PIRATE LIFE FOR ME
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February 12, 2015, 12:00:15 PM |
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Consider all his bitcoins gone (proceeds of crime) unless he managed to hide some.
Do you really think that he never had any personal BTC wallets other than those he had in SR? He definitely had at least a dozen. And he is never going to reveal them to anyone. Do you really think DPR is honestly running SR from a public library inside one of the most powerful and ruthless drug law enforcers on the planet? Oh wait.... I personally think he doesn't have anything stashed away. Why would he have? He was thoroughly convinced he would never be caught. If he even though it would have been possible for him to be caught, he would have, you know, not used his real email address. Or told friends. Or stayed in America. Or keep a journal, or, or, or, or.... He totally fucked up mega-big time. The reason being, that he simply wasn't smart enough to be running that sort of enterprise in the first place. The guys that ran Atlantis or Sheeps market seem to be order of magnitude more clever. They took the money and ran and thus far, no one has heard from them again. |
more or less retired.
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Honeybooboo
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February 12, 2015, 12:02:47 PM |
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Well yeah. A smart person wouldn't of started a dodgy drug trading site in the first place. Your gonna get caught sooner or later, guaranteed.
His lack of security is not even that. He even started out using an email address that contained his real name when he was trying to hire people to help him get the site started. He honestly should have closed the site down when he was getting blackmailed by the person who claimed to be in Canada. Either that or shut it down when the guy in MD was arrested. By then he had made a lot of money and as of then he probably would not have gotten caught The power/money/infamy had obviously corrupted him and he was willing to go to whatever lengths to protect his interests and that included paying lots of money to murder threats to his empire so he wasn't ever going to shut the site down. It seems that money/power/greed/stupidity are powerful forces, perhaps vastly more powerful than any us not in that situation could imagine. Absolute power corrupts absolutely. I think many would have done the same in his situation but most won't get themselves into this sort of position. He should have stuck to his initial libertarian ideology. You can't just go killing off your enemies and he should have protected himself so much that no problems would have ever arisen. He was sloppy and resorted to desperate measures to keep control of his position and it was ultimately part of his downfall. |
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picolo
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February 12, 2015, 02:37:42 PM |
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Well yeah. A smart person wouldn't of started a dodgy drug trading site in the first place. Your gonna get caught sooner or later, guaranteed.
His lack of security is not even that. He even started out using an email address that contained his real name when he was trying to hire people to help him get the site started. He honestly should have closed the site down when he was getting blackmailed by the person who claimed to be in Canada. Either that or shut it down when the guy in MD was arrested. By then he had made a lot of money and as of then he probably would not have gotten caught The power/money/infamy had obviously corrupted him and he was willing to go to whatever lengths to protect his interests and that included paying lots of money to murder threats to his empire so he wasn't ever going to shut the site down. It seems that money/power/greed/stupidity are powerful forces, perhaps vastly more powerful than any us not in that situation could imagine. Absolute power corrupts absolutely. I think many would have done the same in his situation but most won't get themselves into this sort of position. He should have stuck to his initial libertarian ideology. You can't just go killing off your enemies and he should have protected himself so much that no problems would have ever arisen. He was sloppy and resorted to desperate measures to keep control of his position and it was ultimately part of his downfall. Allegedly! |
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crazy_rabbit
Legendary
Offline
Activity: 1204
Merit: 1001
RUM AND CARROTS: A PIRATE LIFE FOR ME
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February 12, 2015, 05:50:55 PM |
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Well yeah. A smart person wouldn't of started a dodgy drug trading site in the first place. Your gonna get caught sooner or later, guaranteed.
His lack of security is not even that. He even started out using an email address that contained his real name when he was trying to hire people to help him get the site started. He honestly should have closed the site down when he was getting blackmailed by the person who claimed to be in Canada. Either that or shut it down when the guy in MD was arrested. By then he had made a lot of money and as of then he probably would not have gotten caught The power/money/infamy had obviously corrupted him and he was willing to go to whatever lengths to protect his interests and that included paying lots of money to murder threats to his empire so he wasn't ever going to shut the site down. It seems that money/power/greed/stupidity are powerful forces, perhaps vastly more powerful than any us not in that situation could imagine. Absolute power corrupts absolutely. I think many would have done the same in his situation but most won't get themselves into this sort of position. He should have stuck to his initial libertarian ideology. You can't just go killing off your enemies and he should have protected himself so much that no problems would have ever arisen. He was sloppy and resorted to desperate measures to keep control of his position and it was ultimately part of his downfall. Allegedly! Well actually no, legally we can say he did it. He was convicted. |
more or less retired.
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Cryptonitex
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February 12, 2015, 05:56:29 PM |
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That's my birthday haha.
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dKingston
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February 12, 2015, 07:09:18 PM |
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That's my birthday haha.
poor guy is facing life in prison .. |
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altcoinlady
Member
Offline
Activity: 93
Merit: 10
Imagine Me and You
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February 13, 2015, 02:27:29 PM |
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I don't think he will get life. Maybe 20 years, but not life for sure. |
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crazy_rabbit
Legendary
Offline
Activity: 1204
Merit: 1001
RUM AND CARROTS: A PIRATE LIFE FOR ME
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February 13, 2015, 02:37:21 PM |
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I don't think he will get life. Maybe 20 years, but not life for sure. Who knows- it depends on how much of an example the government wants to make of him. I've got the feeling, probably quite a huge example. I mean, I don't like the guy. He seems like an idiot who had a mean streak, it's better he didn't end up some sort of real kingpin. That said, putting a young guy away for life is hash too. |
more or less retired.
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picolo
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February 13, 2015, 03:03:59 PM |
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Well yeah. A smart person wouldn't of started a dodgy drug trading site in the first place. Your gonna get caught sooner or later, guaranteed.
His lack of security is not even that. He even started out using an email address that contained his real name when he was trying to hire people to help him get the site started. He honestly should have closed the site down when he was getting blackmailed by the person who claimed to be in Canada. Either that or shut it down when the guy in MD was arrested. By then he had made a lot of money and as of then he probably would not have gotten caught The power/money/infamy had obviously corrupted him and he was willing to go to whatever lengths to protect his interests and that included paying lots of money to murder threats to his empire so he wasn't ever going to shut the site down. It seems that money/power/greed/stupidity are powerful forces, perhaps vastly more powerful than any us not in that situation could imagine. Absolute power corrupts absolutely. I think many would have done the same in his situation but most won't get themselves into this sort of position. He should have stuck to his initial libertarian ideology. You can't just go killing off your enemies and he should have protected himself so much that no problems would have ever arisen. He was sloppy and resorted to desperate measures to keep control of his position and it was ultimately part of his downfall. Allegedly! Well actually no, legally we can say he did it. He was convicted. Yes you are right. |
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cubanos
Member
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Activity: 112
Merit: 10
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February 18, 2015, 06:52:47 AM |
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May? Isnt that too long? He should be sentenced now. |
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picolo
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February 18, 2015, 09:53:45 AM |
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May? Isnt that too long? He should be sentenced now. 3 months after he was convicted. |
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Guido
Legendary
Offline
Activity: 1061
Merit: 1001
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February 20, 2015, 12:26:01 AM |
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predictions on how long he will get?
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I am Bonkers BTW
Crypto OG
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Digital Artist
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Bralex
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February 20, 2015, 12:35:42 AM |
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I don't think he will get life. Maybe 20 years, but not life for sure. Not life but 20 years, damn man this is a life time the world would have left him behind and prison would have cracked him up  His BTC etc was all confiscated from the start if i remember rightly and some have already been auctioned and the next 50k btc to be sold next month, 180,000 btc |
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readysalted89
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February 20, 2015, 01:20:49 AM |
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I don't think he will get life. Maybe 20 years, but not life for sure. Not life but 20 years, damn man this is a life time the world would have left him behind and prison would have cracked him up His BTC etc was all confiscated from the start if i remember rightly and some have already been auctioned and the next 50k btc to be sold next month, 180,000 btc How bad a time he has might depend on what type of prison he is put in. The USA has supermax maximum security prisons or sections of prisons for the most dangerous prisoners. I doubt they would put him in one but that sounds as bad as it gets. They will probably put him somewhere with less security measures. |
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Guido
Legendary
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Activity: 1061
Merit: 1001
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February 20, 2015, 01:26:04 AM |
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It's a grim outlook. I think he has yet to be tried on the hitman allegations, i'm assuming that's life on it's own?
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I am Bonkers BTW
Crypto OG
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Digital Artist
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Stifler
Member
Offline
Activity: 66
Merit: 10
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February 20, 2015, 09:25:49 AM |
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It's a grim outlook. I think he has yet to be tried on the hitman allegations, i'm assuming that's life on it's own?
That is a separate trial, though attempting to hire someone to kill people doesn't usually get life though it's just as serious in my opinion. There was a case a year or so ago about the lead singer of As I Lay Dying attempting to hire someone to kill his wife and he only got six years http://en.wikipedia.org/wiki/Tim_Lambesis |
Not to be confused with the user sifter  . |
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picolo
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February 20, 2015, 09:38:14 AM |
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It's a grim outlook. I think he has yet to be tried on the hitman allegations, i'm assuming that's life on it's own?
Of course it is, except in case of a deal. |
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keyscore44
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February 20, 2015, 10:13:04 AM |
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Predicting a lengthy sentence, the US will likely want to make an example of him to deter future DPR's.
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Bralex
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February 20, 2015, 10:22:31 AM |
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It's a grim outlook. I think he has yet to be tried on the hitman allegations, i'm assuming that's life on it's own?
Of course it is, except in case of a deal. everywhere i have gone this morning i see your meaningless one two or three word posts! If i keep seeing it buddy i will report you to both you're signature campaign and mods!! I see 4 or 5 just on this one thread! I don't think he will get life. Maybe 20 years, but not life for sure. Not life but 20 years, damn man this is a life time the world would have left him behind and prison would have cracked him up His BTC etc was all confiscated from the start if i remember rightly and some have already been auctioned and the next 50k btc to be sold next month, 180,000 btc How bad a time he has might depend on what type of prison he is put in. The USA has supermax maximum security prisons or sections of prisons for the most dangerous prisoners. I doubt they would put him in one but that sounds as bad as it gets. They will probably put him somewhere with less security measures. No buddy you might be wrong he was convicted of charges what will get him put into a terrible jail  If he is convicted of the 5 conspiracy to murder/paid then he is so screwed and all his worst nightmares will have come true, but if he did pay for someones life it is no less than he deserves i am afraid. |
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angeloanggam (OP)
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Ace of ♠♠♠♠
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February 20, 2015, 11:37:47 AM |
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It's a grim outlook. I think he has yet to be tried on the hitman allegations, i'm assuming that's life on it's own?
Of course it is, except in case of a deal. everywhere i have gone this morning i see your meaningless one two or three word posts! If i keep seeing it buddy i will report you to both you're signature campaign and mods!! I see 4 or 5 just on this one thread! I don't think he will get life. Maybe 20 years, but not life for sure. Not life but 20 years, damn man this is a life time the world would have left him behind and prison would have cracked him up His BTC etc was all confiscated from the start if i remember rightly and some have already been auctioned and the next 50k btc to be sold next month, 180,000 btc How bad a time he has might depend on what type of prison he is put in. The USA has supermax maximum security prisons or sections of prisons for the most dangerous prisoners. I doubt they would put him in one but that sounds as bad as it gets. They will probably put him somewhere with less security measures. No buddy you might be wrong he was convicted of charges what will get him put into a terrible jail If he is convicted of the 5 conspiracy to murder/paid then he is so screwed and all his worst nightmares will have come true, but if he did pay for someones life it is no less than he deserves i am afraid. Soon, he will say bye bye to his coins http://bitforum.info/t/third-auction-for-ulbrichts-coins-scheduled/305/1 |
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f2000
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February 20, 2015, 12:45:05 PM |
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What do you guys think about his chances of appeal/entrapment? But yeah, they will want to set the bar for all future dpr's...it'll be a harsh sentence.
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readysalted89
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February 20, 2015, 01:34:19 PM |
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What do you guys think about his chances of appeal/entrapment? But yeah, they will want to set the bar for all future dpr's...it'll be a harsh sentence.
They arrested him with his laptop logged onto the silk road as DPR. He admitted starting the site, claimed he sold it to Mark Karples, then took it over again shortly before getting arrested. He would still be screwed if a miracle happened and the appeal jury agreed with is story. Admitting starting the silk road alone would get him serious time. If he gets off the murder charges and puts the finger on Mark Karples he will do less time, but a big sentence nevertheless. |
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Unkle
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February 20, 2015, 01:36:43 PM |
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Predicting a lengthy sentence, the US will likely want to make an example of him to deter future DPR's.
And this is why we need to move towards decentralized exchanges. They are going to go hard on him, but if marketplaces are decentralized there's no one to go after other than the dealers and they take that risk anyway but even if they get busted the market will still continue running. What do you guys think about his chances of appeal/entrapment? But yeah, they will want to set the bar for all future dpr's...it'll be a harsh sentence.
He'll appeal as he's got nothing to lose but I think he's pretty much screwed. |
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Guido
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February 20, 2015, 01:46:04 PM |
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It's a grim outlook. I think he has yet to be tried on the hitman allegations, i'm assuming that's life on it's own?
That is a separate trial, though attempting to hire someone to kill people doesn't usually get life though it's just as serious in my opinion. There was a case a year or so ago about the lead singer of As I Lay Dying attempting to hire someone to kill his wife and he only got six years http://en.wikipedia.org/wiki/Tim_Lambesisagreed ah yes, I remember that case. he got away very lightly |
I am Bonkers BTW
Crypto OG
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Digital Artist
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Itsumo
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Play Rock Paper Scissor Lizard Spock
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February 20, 2015, 02:48:56 PM |
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His BTC will be auctioned. |
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picolo
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February 20, 2015, 03:59:30 PM |
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His BTC will be auctioned. They will. |
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koelen3
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Sooner or later, a man who wears two faces forgets
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February 20, 2015, 07:03:55 PM |
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Will he be sentenced to death?
Anyway, Godess bless him
No i think the maximum penalty is 30 - life for his crimes. At this point im going to put in a prediction he gets 22 years. Imagine if he is hiding some btc somewhere , which they don't know of. I wonder what will happen to those or maybe he will access them after the prison time (30 years i.e. right? ) . Imagine him being wondering and asking for bitcoin price in cell so to be updated Just saying |
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Gotti III
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February 25, 2015, 02:58:28 PM |
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Well, his stash of bitcoin will be auctioned by the US Marshals. That will be the third time. |
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networthsigns
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February 25, 2015, 03:23:21 PM |
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They are being auctioned and after this third auction only 14k remain of his batch
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ShintoshiBTC
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YOU"RE LIKE A TIMEBOMB!
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March 03, 2015, 03:53:06 PM |
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Do you think after his every btc is auctioned there will be chance that he could be a freeman again? Maybe move for a motion that could reconsider the case? |
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