Tagulbricht

While Shrem, Ulbricht Enjoy Cults of Personality, Shavers Abandoned by Bitcoin Community

Bitcoin MLM Scheme

Trendon Shavers earned a lenient sentence through good faith efforts to right the wrongs he did while improperly managing the Bitcoin Savings & Trust, Bitcoin’s first federal securities case, according to his sentencing judge. That’s news the Bitcoin Community, which has long viewed Shavers as a no more than a fraudster, likely won’t heed. Bitcoin Savings & Trust, initially called First...

How the FBI Likely Illegally Hacked Silk Road Servers to Find Alleged Pirate Ross Ulbricht

You might know him as “Dread Pirate Roberts” or just DPR but his real name is supposedly Ross Ulbricht, and he is the alleged founder of the underground exchange Silk Road. Mr. Ulbricht is currently facing charges of drug trafficking, computer hacking, money laundering, and “continuing criminal enterprise.” The FBI has claimed to have gained the IP address to a server hosting Silk Road. This...

Judge Rejects Ross Ulbricht Silk Road Defense On a Technicality

For the last two months, the lawyers for Ross Ulbricht have tried to shift the focus of the case onto the FBI, bringing into question the legality of their actions. How did the FBI obtain the information that brought down Silk Road and leads the current case again Ulbricht? Mr. Ulbricht is facing charges of drug trafficking, computer hacking, money laundering, and “continuing criminal enterprise...

Ulbricht Indicted: A New Charge Emerges, Another Disapears

Ross Ulbricht, the alleged head of the infamous Silk Road, was officially indicted in court today.  His charges included all of what was expected - drug trafficking, computer hacking, and money laundering - as well as "continuing criminal enterprise," a charge that adds a second possible life sentence if found guilty on all counts, and another ten years to his possible minimum sentence of twenty...