Alleged Silk Road mastermind pleads not guilty

February 08, 2014 02:38

The accused mastermind of the online black market Silk Road pleaded not guilty to a host of criminal charges today in federal court in New York.

Ross William Ulbricht, 29, wearing a blue prison suit for his arraignment, has denied all charges against him that he created and managed Silk Road.

Authorities claim Ulbricht is the infamous "Dread Pirate Roberts" who operated the underground site, an encrypted network that allegedly sold drugs, weapons, hacker tools and "hit" services to kill people.

US District Judge Katherine Forrest set a trial date of November 3 in the case.

The government arrested Ulbricht in October on a criminal complaint charging him with drug trafficking and related offenses.

An indictment unsealed Tuesday charged Ulbricht with money laundering and conspiracy to commit computer hacking, and with running a criminal enterprise, which carries a minimum sentence of 20 years in prison.

As part of the operation, US authorities seized a large cache of Bitcoins, a virtual currency used in Silk Road transactions.

« Back to LIVE

TOP STORIES

CSK Vs LSG: Who Bowled Best? Vote!

Krunal Pandya emerged as the wrecker-in-chief on Friday night.

'It was world-class batsmanship from Rahul and de Kock'

Lucknow Super Giants pacer Matt Henry was in awe of the "world-class batsmanship" of skipper KL Rahul and Quinton de Kock, saying the century-plus opening stand between the duo helped them outclass a "very good" Chennai Super Kings...

IRDAI removes age limits on health insurance, huge relief for seniors

The move by the insurance regulatory body aims to create a more inclusive healthcare ecosystem in India and to encourage insurance provider companies to diversify their product offerings.

Rahul, Ruturaj fined Rs 12 lakh each for slow over-rate

Lucknow Super Giants skipper KL Rahul and his Chennai Super Kings counterpart Ruturaj Gaikwad have been fined Rs 12 lakh each as their teams maintained a slow over-rate in their Indian Premier League match in Lucknow on Friday.

Phase 1: Voter turnout may cross 64%, Tripura tops with 80.17%

According to an official release, the voting percentage is likely to go up when reports from all polling stations are obtained, as polling was scheduled until 6 pm in many constituencies.