Silk Road, a darknet marketplace, revolutionized illicit trade with Bitcoin. $1.2 billion in sales, 9.5 million Bitcoin exchanged.
Highlights
- Ross Ulbricht, the founder of the Silk Road, revealed that he has now spent an entire decade in prison.
- He was convicted in a U.S.
- federal court on multiple charges related to the marketplace’s operations and sentenced to two life terms plus forty years, with no possibility of parole.
- Some supporters on social platform X rallied around his punishment, arguing that his punishment didn’t align with the crime he committed.
- Some users claim his prosecution involved allegations of hiring hitmen to commit murder, although he was not formally charged with these crimes.
- Other users have highlighted the negative aspects of the market, such as its involvement in sex trafficking and illegal drug trade.
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