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: Is A New XRP Price Record Imminent? Analyst Forecast Colossal Short Squeeze Ahead
  • 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: Is A New XRP Price Record Imminent? Analyst Forecast Colossal Short Squeeze Ahead

Its Either 20 Years or More for Ross Ulbricht

Yashu Gola
Yashu Gola
Last Updated: October 7, 2020 11:34 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.

The convicted operator of the world’s most notorious online drug marketplace is hours away from being sentenced.

Ross Ulbricht Hiking LG WD

Silk Road baron Ross Ulbricht, who has had its share of thrills and emotional eruptions during the entire case, has made every inch of efforts to receive a certain leniency from the US District Judge, Judge Katherine Forrest. He lately wrote her a one-page letter, asking to leave him his old age and grant him a minimum sentence — in this case, 20 years. Excerpt:

“I’ve had my youth, and I know you must take away my middle years, but please leave me my old age. Please leave a small light at the end of the tunnel, an excuse to stay healthy, an excuse to dream of better days ahead, and a chance to redeem myself in the free world before I meet my maker.”

On the other hand, it is certain that the legal prosecutors are leaving no-stone-unturned to make an example out of Ross Ulbricht. They have reportedly sought the strictest punishment for the 31-year old internet entrepreneur — a lifetime sentence — for acting as a drug kingpin of an “online black market of unprecedented scope.”

The office of Preet Bharara, a US attorney and prosecutor of the Silk Road case, has already said that Ulbricht deserves more-than-just 20 years.

“Ulbricht bears responsibility for the overdoses, addictions and other foreseeable repercussions of the illegal drugs sold on Silk Road,” they wrote. “It does not matter that he did not personally handle those drugs; neither would a traditional kingpin.”

But as per Ulbricht’s words, he never foresighted his idea of liberalism to assist drug addictions. He always wanted to create a platform where people have the independence to make their own choices. Silk Road’s rapid transformation into a narcotics website damaged the idea, and Ulbricht eventually.

It is now up to Judge Forrest to see whether an amateur drug site operator must be jailed for lifetime, or be shown a way where he could utilize his talents for the better of community. Its rage vs reason, in the end.

Tweet123Share196ShareSend
Yashu Gola
Yashu Gola

Yashu Gola

Yashu Gola is a Mumbai-based finance journalist. He is profoundly active in the bitcoin space since 2014 – and has contributed to several cryptocurrency media outlets, including NewsBTC, FxDailyReport, Bitcoinist, and CCN.

Read more

Academically, Yashu holds a bachelor's in information technology, with majors in data structures and C++ programming language. He has also won the 'Atulya Award' for his efforts towards raising $100,000 for an India-based farming project.

Close

Comments 1

  1. winston says:
    11 years ago

    Morally indefensible punishment, given the ONLY reason we have the backwards drugs laws we do, laws that do nothing but further perpetuate that which they purport to be fighting against is bc that’s what puts the most cash into international banking cartel coffers annually. Banks all regularly commit money-laundering on a grand scale, as a matter of course. Yet no banker goes to jail for the crime. The bank simple pays what amounts to a small fee and the trade continues.

    Reply

Leave a Reply Cancel reply

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

Comments 1

  1. winston says:
    11 years ago

    Morally indefensible punishment, given the ONLY reason we have the backwards drugs laws we do, laws that do nothing but further perpetuate that which they purport to be fighting against is bc that’s what puts the most cash into international banking cartel coffers annually. Banks all regularly commit money-laundering on a grand scale, as a matter of course. Yet no banker goes to jail for the crime. The bank simple pays what amounts to a small fee and the trade continues.

    Reply

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

Ethereum

Ethereum Poised For $4,000 Breakout? Expert Pinpoints On-Chain Triggers For Potential Rally

As Ethereum (ETH) kicks off the year with a recovery past the critical $3,000 threshold amid a broader cryptocurrency market...

Ronaldo Marquez 10 hours ago
Bitcoin

Bitcoin Senses Risk As Trump Balks At Europe With Major Tariffs

According to market reports, US President Donald Trump announced a punitive tariff plan aimed at several European allies. The move...

Christian Encila 12 hours ago
Dogecoin

Why The Dogecoin Price Could Outperform Bitcoin Again

The cryptocurrency market has shown choppy and uneven momentum in the past week. Bitcoin’s price recently climbed to an eight-week...

Scott Matherson 19 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

Slow Rug? Trump-Associated World Liberty Fi Accused Of Value Extraction

Slow Rug? Trump-Associated World Liberty Fi Accused Of Value Extraction

Jake Simmons 1 hour ago
Litecoin

Here’s Why The Litecoin Price May Be Getting Ready For Another Massive Rally

Scott Matherson 4 hours ago
Solana, MATIC, Worldcoin, SUI, Ethereum

Solana At Risk Of Breakdown After Key Rejection – Is $100 Next?

Rubmar Garcia 9 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?

    ...

    6 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...

    6 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

    ...

    6 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...

    6 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

    ...

    6 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.