Silk Road founder sentenced to life in prison

Ross William Ulbricht, 31, thec reator of black market website Silk Road, was sentenced to life in prison on Friday.

After its 2011 launch, Ulbricht ran the underground cyber-bazaar, where anonymous users used the cryptocurrency Bitcoin to purchase drugs, hacking tools, and fake identification, for about two years before he was arrested.

Ulbricht received the maximum sentence for his felony convictions of conspiracy, money laundering, and drug trafficking.

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