Silk Road founder Ross Ulbricht convicted on all counts
Ross Ulbricht, the founder of digital black market Silk Road, was found guilty on Wednesday of running the $1.2 billion network that facilitated the trafficking of drugs and other illegal items.
The 30-year-old Ulbricht, who operated under the pseudonym Dread Pirate Roberts, claimed he was a fall guy who did not launch the site but rather operated it for only a few months. However, a jury rejected that claim and convicted him on all seven charges.
Ulbricht faces life in prison.
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Jon Terbush is an associate editor at TheWeek.com covering politics, sports, and other things he finds interesting. He has previously written for Talking Points Memo, Raw Story, and Business Insider.
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