Silk Road founder Ross Ulbricht convicted on all counts

Ross Ulbricht supporters
(Image credit: Spencer Platt/Getty Images)

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.

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Jon Terbush

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.