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: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies 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: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead

Charge Brought Up Against Accused Silk Road Creator Ross Ulbricht

newsbtc
newsbtc
Last Updated: October 7, 2020 11:36 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.

Prosecutors has brought up new charges in against the accused Silk Road creator (also known as Dread Pirate Roberts) Ross Ulbricht, who was arrested late last year for running allegedly running a web service that allowed online users to purchase narcotics and other illicit items using the bitcoin digital currency.

As of Thursday, a new indictment was filed against Ulbricht, adding narcotics trafficking charges, distribution of narcotics via the Internet, and conspiracy to traffic in fraudulent identification documents.

Specifically, these charges accuses Ulbricht of assisting in the selling of substances like methamphetamine, cocaine, and LSD. They also accuse him of assisting in the selling of fake documents like Passports, driver’s licenses, and other forms of identification.

These charges add to the already-serious charges Ulbricht is facing, which includes narcotics trafficking conspiracy, continuing criminal enterprise, computer hacking conspiracy, and money laundering conspiracy.

Along with the arrest of Ulbricht came the downfall of the Silk Road website (accessible only via the deep web), though a new iteration of the service sprouted up about a month later.

Federal authorities seized over 100,000 bitcoins from the Silk Road servers, some of which were recently sold at auction by the United States Marshals Service.

Investor Tim Draper acquired approximately 30,000 bitcoins, which will be used for an upcoming institutional-grade cryptocurrency exchange.

Meanwhile, Ulbricht’s family has demanded for his release, setting up a website at FreeRoss.org in order to collect donations for his legal defense.

[ot-video type=”youtube” url=”http://youtu.be/3EyzWwljp7c”]

The U.S. v. Ulbricht trial is slated to begin in November.

[textmarker color=”C24000″]Sources[/textmarker] The Guardian, Reuters

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

Давление на крипторынок растет: что угрожает Hyperliquid

Давление на крипторынок растет: что угрожает Hyperliquid

Демократическая партия США во главе с сенатором Элизабет Уоррен снова развернула кампанию против криптоиндустрии. На фоне этих заявлений внимание переключилось...

dariajz 1 hour ago
Nvidia’s $54B Earnings Test and Fed Minutes Put Best Wallet Token in Play

Nvidia’s $54B Earnings Test and Fed Minutes Put Best Wallet Token in Play

What to Know: Nvidia’s $54.8B earnings report, Fed Minutes, and a muted 50K jobs print could collectively reset risk sentiment...

Aaron Walker 1 hour ago
Why Maxi Doge Could Run After SPX6900 Rebound – Best Meme Coins Reset

Why Maxi Doge Could Run After SPX6900 Rebound – Best Meme Coins Reset

What to Know: SPX6900 has rebounded from support near $0.44 to the $0.56 zone on strengthening volume and positive funding...

Aaron Walker 2 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

Bitcoin

Bitcoin Whale Activity Explodes: Analysts Brace For Strongest Surge This Year

Christian Encila 24 minutes ago
Bitcoin et fin du shutdown US : crise de liquidité en approche ?

Bitcoin et fin du shutdown US : crise de liquidité en approche ?

evanss 51 minutes ago

이더리움 슈퍼사이클 논쟁 점화… 톰리 주장 속 베스트월렛이 부각되는 이유

Soyeon Lee 57 minutes ago

Premium Sponsors

Press Releases

  • ドージコイン 今後:ETFが7日後に開始予定、0.20ドル未満で買える最後の機会となるのか

    ドージコイン...

    28 minutes ago
  • リップル 今後:保有者の42%が含み損に直面、XRPはどこまで下落するのか

    リップル...

    39 minutes ago
  • 仮想通貨プレセール:11月に注目すべき将来性の高い5つのコイン

    ...

    48 minutes ago
  • 仮想通貨おすすめ:ホエール買いが拡大する中、専門家は下落局面の終了と価格回復を指摘

    ...

    1 hour ago
  • 新しい仮想通貨が2800万ドル超を調達──クジラ資金流入でビットコイン反発の兆しはあるのか?

    ...

    2 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.