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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong
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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong

Its Either 20 Years or More for Ross Ulbricht

Yashu Gola
Yashu Gola
Last Updated: October 7, 2020 11:34 am
2 mins read

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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.

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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.

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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.

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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.

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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

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