Slik road founder10/3/2023 "And he didn't care, he doesn't care who dies from it. Ulbricht sentenced to life in prison in May 2015.Ulbricht arrested and site shut down in October 2013.Founder Ross William Ulbricht reportedly operated site from San Francisco.Drugs like heroin, cocaine and synthetic substances reportedly for sale.Vendors would use regular mail to post drugs to buyers.Users traded in Bitcoin - an online currency that hides purchasers' identities.Complex masking and encryption software made it difficult to track users.Website launched in February 2011, became known as 'eBay for drugs'."Once again it's just money based, it's just greed. "I can't see people that deal in drugs don't mean to hurt anybody," he said. Mr Bridge told 7.30 he holds Ulbricht personally responsible for his son's death. Mr Bridge's 16-year-old son Preston died in February, the morning after his year-12 school ball, after taking an LSD-like substance purchased on Silk Road. Ulbricht denies the charges against him and his friends and family claim he is innocent.īut for Perth father Rod Bridge, the arrest has come as a relief. Research chemical blamed for deaths of three teens.Silk Road shut down after alleged owner arrested. ![]() His website traded in drugs such as heroin and cocaine, illegal weapons, hacking tools and even hit men. Ross William Ulbricht, 29, who operated under the alias Dread Pirate Roberts, has been charged with narcotics trafficking, computer hacking, money laundering and soliciting murder. The FBI arrested the proprietor of the notorious online bazaar last week and experts have told the ABC's 7.30 that the Silk Road's Australian dealers and users may also be in their sights. NFTs can be a cash cow - but only for people lucky enough to be the subject of attention.The father of a boy who died after taking drugs purchased on the Silk Road website says the site's founder is culpable in his son's death and should spend the rest of his life in jail. Needless to say, though, even if Ulbricht is set on cash, it's fair to say the majority of prisoners aren't allowed the same financial freedoms. In October, North Carolina Public Radio reported that inmates were receiving copies of letters instead of the handwritten notes themselves, and that sending a single message cost 99 cents. A Newsweek report earlier this year found that inmates had been given tablets only to discover that sending emails cost 25 cents for each, and 75 cents for video messages. But it is important to note that for most prisoners, even sending an email can cost money, and the financial burden usually falls on the incarcerated's family. We won't relitigate whether a founder is responsible for the items users sell on a site they created. It's called the "Genesis Collection," and includes Ulbricht's writings and graphite pencil artworks created between childhood and before his prison sentence, a ccording to collection's official site. The DAO was formed back in November, when Ulbricht's NFT collection was announced. We still have a long way to go to seek justice and rectify his disproportionate sentence of double life imprisonment as a first-time, non-violent offender." Long Way Home "This is just the beginning," the DAO tweeted on Thursday. The DAO, a decentralized autonomous organization, used half the funds it raised to purchase Ulbricht's NFT. ![]() Since 2013, Ross Ulbricht has been serving two life sentences for creating the Silk Road, an online marketplace where users could buy drugs and other illegal goods using cryptocurrency and the dark web.īut that didn't stop him from selling an NFT for $6 million from prison, according to Blockworks, which reports that more than one thousand crypto investors created the FreeRossDAO to raise the funds. "This is just the beginning." Price is Right
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