NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Crucial Role Of The CLARITY Act In Avoiding A New October 10 Crypto Crash, Expert Explains
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Crucial Role Of The CLARITY Act In Avoiding A New October 10 Crypto Crash, Expert Explains

Friend No ; Former College Buddy Testifies Against Ross Ulbricht

NewsBTC
NewsBTC
Last Updated: October 7, 2020 11:35 am
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

We all have secrets.  We’ve all passed notes in class or been caught gossiping about private topics, and sometimes, when we’ve done something “naughty” our need to talk can be even worse.

Apparently, this holds true for Ross Ulbricht, the alleged mastermind behind underground illegal marketplace Silk Road.  According to former college friend Richard Bates, now a 31-year-old software engineer for eBay, Ulbricht told him that he was the creator and runner of the Silk Road website.

Ross Ulbricht Hiking LG WD  Bates is apparently cooperating with authorities to avoid prison time for personal purchases he made through Silk Road; purchases that included marijuana, psychedelic mushrooms and Vicodin which he paid for by bitcoin.  Bates mentioned that while he was shocked at the information Ulbricht revealed to him, he was also “very intrigued” by the technology of the site, and considering his purchase history, it’s probably safe to say he wanted a little piece of the action.

But that’s all changed, now.  Bates turned on Ulbricht during the alleged kingpin’s trial on Thursday, testifying against him in hopes of securing his own protection and future in a world that doesn’t consist of an eight by nine cell.

Bates is claiming to have been involved in the actual construction of the Silk Road website, and his testimony contradicts the opening arguments of Ulbricht’s attorney Joshua Dratel, who said that Ulbricht supposedly gave control of the site to someone else early in the game, and had no involvement with Silk Road and its bitcoin addresses once the crime spree began.

Bates’ testimony comes only one day after a private e-journal, written and kept by Ulbricht himself since 2010 detailing the various stages of his plans to build Silk Road, was produced by Assistant US Attorney Timothy Howard.

Image from News BTC

Tweet123Share196ShareSend
NewsBTC
NewsBTC

NewsBTC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Why The Bitcoin Price Could Crash Another 20% To $76,000 Soon

The Bitcoin price could be in for more pain as a crypto analyst has just released a gloomy short-term outlook,...

Scott Matherson 9 hours ago
Bloomberg: stablecoin-markt naar $56 biljoen in 2030 – gaat XRP’s RLUSD meeprofiteren?

Bloomberg: stablecoin-markt naar $56 biljoen in 2030 – gaat XRP’s RLUSD meeprofiteren?

Bloomberg Intelligence verwacht dat stablecoin-betalingsstromen kunnen stijgen naar ongeveer $56,6 biljoen tegen 2030 (tegen circa $2,9 biljoen in 2025). Als...

Lars Diederiksen 9 hours ago

2026 比特幣預測大出爐!華爾街目標價上看 22.5 萬美元

2026 年才剛開局,加密市場就先給你一個「先拉再甩」的經典開場。$BTC 本週一度逼近 95,000 美元後回落,最新仍在約 90,000–91,000 美元區間震盪;$ETH 也同步走弱,市場情緒...

newsbtc 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Solana

Solana Accumulation Narrative Strengthens With Big Institutions, A Rally Imminent?

Godspower Owie 3 hours ago
Dogecoin nieuws: bullish momentum bouwt op - analisten voorspellen DOGE rally

Dogecoin nieuws: bullish momentum bouwt op – analisten voorspellen DOGE rally

Lars Diederiksen 4 hours ago
Bitcoin Long-Term Holder Dump Is Over: On-Chain Data Just Flipped

Wall Street Analyst Is Still Bullish On Bitcoin, Predicts Price Recovery

Sandra White 6 hours ago

Premium Sponsors

Press Releases

  • Evernorth and Doppler Finance Collaboration

    Evernorth and Doppler Finance Explore Strategic...

    2 hours ago
  • 20,000ドル予測と機関投資家期待の現実性を検証

    イーサリアム...

    4 hours ago
  • 91,000ドル割れ、90,000ドル攻防が分岐点に

    ビットコイン...

    5 hours ago
  • ミームコイン注目銘柄:PepeとPudgy Penguinsが大きな上昇局面を迎える可能性

    ミームコイン注目銘柄:PepeとPudgy...

    6 hours ago
  • 新しい仮想通貨として浮上する次世代ブロックチェーン資産、投資家の注目が集まる理由

    ...

    7 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.