Skip to main content

Alleged Silk Road creator indicted on 'kingpin' charges in New York

posted onFebruary 5, 2014
by l33tdawg

Ross Ulbricht, alleged creator of the online black market Silk Road, was indicted in New York Tuesday on narcotics, money laundering and so-called "kingpin" charges, and faces up to life in prison.

Authorities say Ulbricht created in 2011 the Silk Road, a site that was used to sell drugs including heroin and ecstasy, as well as hacking tools and other goods. He was arrested in October when federal agents picked him up in a San Francisco public library. Prosecutors say his pseudonyms included "Dread Pirate Roberts" and "DPR."

The 29-year-old was indicted Tuesday at the U.S. District Court for the Southern District of New York. The indictment listed a new charge of engaging in a "continuing criminal enterprise," brought under a federal law sometimes called the kingpin statute. Often used against crime organizations such as drug cartels, it carries a mandatory 20-year sentence and a maximum of life.

Source

Tags

Silkroad Law and Order

You May Also Like

Recent News

Friday, November 8th

Friday, November 1st

Tuesday, July 9th

Wednesday, July 3rd

Friday, June 28th

Thursday, June 27th

Thursday, June 13th

Wednesday, June 12th

Tuesday, June 11th

Friday, June 7th