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: Forfeited Bitcoin Linked To Samourai Case Not Sold, Confirms White House Crypto Advisor
  • 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: Forfeited Bitcoin Linked To Samourai Case Not Sold, Confirms White House Crypto Advisor

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

Bitcoin

Saylor Defends Bitcoin Treasury Firms Amid Rising Criticism

Strategy chairman Michael Saylor pushed back on critics who say companies that hold Bitcoin are reckless. He told a podcast...

Christian Encila 4 hours ago
Bitcoin

Bitcoin Net Taker Volume Finally Flips Positive — Why This Shift Matters

The price of Bitcoin began the new week on an exciting move to the upside. The premier cryptocurrency recorded a...

Opeyemi Sule 6 hours ago
Dogecoin

Dogecoin RSI Just Entered Historical Oversold Levels Again, Will It Repeat 2021?

The Dogecoin Relative Strength Index (RSI) is said to have entered historical oversold levels. This has raised the possibility that...

Scott Matherson 9 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

Ethereum

Ethereum Futures Volume Hits Highest Level On Binance Since Mid-December — Details

Semilore Faleti 8 minutes ago
Bitcoin

Bitcoin Holds Key Support As Weekend Liquidity Sets In — $98,200 And $107,500 In Focus

Godspower Owie 1 hour ago
AVAX

AVAX Pushes Toward $18 As Key Resistance Looms: Analyst

Semilore Faleti 3 hours ago

Premium Sponsors

Press Releases

  • モネロが686ドルで史上最高値を更新、時価総額トップ11入り──1月に注目のアルトコインは?

    ...

    3 days ago
  • ChatGPTが分析:2026年の仮想通貨 1000倍候補はどれか

    ChatGPTが分析:2026年の仮想通貨...

    3 days ago
  • 新しい仮想通貨:2026年に注目すべき3銘柄、次に急騰するコインはどれか

    ...

    3 days ago
  • ドージコイン 今後:ミームコイン市場に投機売買が再び戻る

    ドージコイン...

    3 days ago
  • XRP価格予測:SECの暗号資産ルールに反発するリップル 今後、法的枠組みを突破できるか

    ...

    3 days 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.