Close Menu
  • Crypto News
    • News
    • Bitcoin
    • Blockchain
    • BNB
    • Dogecoin
    • Ethereum
    • Litecoin
    • Meme Coins
    • Solana
    • Toncoin
    • XRP
  • Business
  • Markets
  • Regulation
  • Guides
  • Press Release
What's Hot

Metaplanet’s $5 Billion Capital Fuels Bitcoin Strategy

June 27, 2025

The COIN Act: Can This Bill Stop Trump’s Digital Cash Flow?

June 27, 2025

Polymarket NYC Mayor Betting Sees Big Jump As Scandals Unfold

June 27, 2025
Facebook X (Twitter) Instagram
  • About Us
  • Contact Us
  • Terms of Service
  • Privacy Policy
X (Twitter) Telegram
Crypto Junction
  • Crypto News
    • News
    • Bitcoin
    • Blockchain
    • BNB
    • Dogecoin
    • Ethereum
    • Litecoin
    • Meme Coins
    • Solana
    • Toncoin
    • XRP
  • Business
  • Markets
  • Regulation
  • Guides
  • Press Release
Crypto Junction
Home » Alleged Silk Road Mastermind Ross Ulbricht Pleads Not Guilty
Bitcoin Blockchain Crypto

Alleged Silk Road Mastermind Ross Ulbricht Pleads Not Guilty

Karly MarieBy Karly MarieFebruary 7, 2014Updated:March 5, 20252 Mins Read
Twitter Telegram Copy Link Pinterest LinkedIn Facebook Reddit
Share
Twitter Telegram Facebook Pinterest Copy Link

In a Manhattan courtroom today, Ross Ulbricht, the alleged architect behind the infamous Silk Road online marketplace, entered a plea of “not guilty” to all charges against him. Silk Road, often dubbed the ‘eBay of drugs,’ operated on the dark web, facilitating anonymous transactions for illicit goods using Bitcoin. 

Prosecutors have charged Ross Ulbricht with multiple offenses, including narcotics trafficking, computer hacking, and money laundering. Notably, he’s also accused under the “kingpin statute,” a charge typically reserved for major organized crime figures. 

During the arraignment, the prosecution revealed they possess between eight to ten terabytes of evidence. This extensive collection is said to encompass data from Silk Road’s servers and Ulbricht’s personal laptop, which allegedly contains logs and journals detailing his involvement with the platform. 

Ulbricht’s defense attorney, Joshua Dratel, has hinted at challenging the methods used by law enforcement to gather this evidence, suggesting potential overreach or improper surveillance tactics. He alluded to possible collaborations between agencies like the NSA and DEA in compromising anonymity tools such as Tor and Bitcoin, which were integral to Silk Road’s operations. 

Additionally, Ross Ulbricht has laid claim to approximately 29,000 bitcoins seized from his laptop, part of a larger cache totaling around 174,000 bitcoins (valued at over $130 million at the time). When questioned about asserting ownership of these bitcoins while denying involvement with Silk Road, Dratel remarked, “It’s not illegal to have bitcoins.” 

The trial is set to commence in early November, with proceedings expected to last four to six weeks. As the case unfolds, it promises to shed light on the clandestine operations of dark web marketplaces and the challenges law enforcement faces in combating cybercrime.

Bitcoin Computer Hacking Cybercrime Dark Web FBI Money Laundering Online Marketplace Ross Ulbricht Silk Road Tor Network
Share. Telegram Twitter LinkedIn Pinterest Facebook Reddit Copy Link
Karly Marie
Karly Marie

Related Posts

Ethereum Price Drop Triggers Biggest ETF Outflow Yet

June 25, 2025

CoinMarketCap Security Breach Triggers Wallet Scam Alert

June 25, 2025

Nakamoto Bitcoin Treasury Expansion Hits Record $51.5M

June 25, 2025

Bloomberg Altcoin ETF Approvals Soar To 90% Odds

June 25, 2025
Trending Posts

RWA Tokenisation: The Future of U.S. Treasury Investments

June 15, 2025

Trump Pledges to End Crypto Crackdown, Wants US to Lead Global Bitcoin Market

July 28, 2024

Tesla Invests $1.5 Billion in Bitcoin, Plans to Accept It for Payments

February 8, 2021

Subscribe to Updates

Get the latest sports news from SportsSite about soccer, football and tennis.

Crypto Junction, founded in 2014, is one of the original and most trusted sources for cryptocurrency news and blockchain insights. We provide accurate, unbiased, and timely coverage of digital assets, market trends, and industry developments.

All content on Crypto Junction is for informational and educational purposes only and should not be considered financial, investment, or legal advice. Cryptocurrency investments are highly volatile and carry risks. Always conduct your own research before making financial decisions.

We're social. Connect with us:

X (Twitter) Telegram
Top Insights

Metaplanet’s $5 Billion Capital Fuels Bitcoin Strategy

June 27, 2025

The COIN Act: Can This Bill Stop Trump’s Digital Cash Flow?

June 27, 2025

Polymarket NYC Mayor Betting Sees Big Jump As Scandals Unfold

June 27, 2025
ABOUT
  • About Us
  • Cookie Policy
  • Editorial Policy
  • Investment Disclaimer
  • Press and Media Kit
  • Terms of Service
  • Affiliate Disclosure
  • Contact Us
NEWSLETTER

Subscribe to Updates

Get the latest crypto news and updates direct to your inbox - we don't spam

X (Twitter) Telegram
  • Altcoin News
  • Bitcoin News
  • Dogecoin News
  • Ethereum News
  • Litecoin News
  • Meme Coin News
  • Solana News
  • XRP News
© 2025 Crypto Junction

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 107,348.76
ethereum
Ethereum (ETH) $ 2,427.03
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.19
bnb
BNB (BNB) $ 645.47
solana
Solana (SOL) $ 143.63
usd-coin
USDC (USDC) $ 1.00
tron
TRON (TRX) $ 0.273689
dogecoin
Dogecoin (DOGE) $ 0.162077
staked-ether
Lido Staked Ether (STETH) $ 2,425.25
cardano
Cardano (ADA) $ 0.559443
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 107,227.73
hyperliquid
Hyperliquid (HYPE) $ 36.86
bitcoin-cash
Bitcoin Cash (BCH) $ 499.51
wrapped-steth
Wrapped stETH (WSTETH) $ 2,927.25
sui
Sui (SUI) $ 2.72
chainlink
Chainlink (LINK) $ 13.13
leo-token
LEO Token (LEO) $ 9.08
stellar
Stellar (XLM) $ 0.237419
avalanche-2
Avalanche (AVAX) $ 17.56
usds
USDS (USDS) $ 0.999889
the-open-network
Toncoin (TON) $ 2.85
shiba-inu
Shiba Inu (SHIB) $ 0.000011
whitebit
WhiteBIT Coin (WBT) $ 46.35
weth
WETH (WETH) $ 2,427.24
litecoin
Litecoin (LTC) $ 85.25
wrapped-eeth
Wrapped eETH (WEETH) $ 2,597.92
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
hedera-hashgraph
Hedera (HBAR) $ 0.146451
monero
Monero (XMR) $ 308.33
bitget-token
Bitget Token (BGB) $ 4.70
ethena-usde
Ethena USDe (USDE) $ 1.00
polkadot
Polkadot (DOT) $ 3.36
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 107,330.76
pi-network
Pi Network (PI) $ 0.550311
uniswap
Uniswap (UNI) $ 6.90
pepe
Pepe (PEPE) $ 0.000009
aave
Aave (AAVE) $ 256.48
dai
Dai (DAI) $ 1.00
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.18
aptos
Aptos (APT) $ 4.79
okb
OKB (OKB) $ 50.21
bittensor
Bittensor (TAO) $ 323.46
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
near
NEAR Protocol (NEAR) $ 2.11
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 174.14
internet-computer
Internet Computer (ICP) $ 4.74
crypto-com-chain
Cronos (CRO) $ 0.080495
ethereum-classic
Ethereum Classic (ETC) $ 16.13
susds
sUSDS (SUSDS) $ 1.06
ondo-finance
Ondo (ONDO) $ 0.746826
tokenize-xchange
Tokenize Xchange (TKX) $ 27.70
usd1-wlfi
USD1 (USD1) $ 1.00
mantle
Mantle (MNT) $ 0.596871
kaspa
Kaspa (KAS) $ 0.075011
fasttoken
Fasttoken (FTN) $ 4.42
gatechain-token
Gate (GT) $ 15.54
official-trump
Official Trump (TRUMP) $ 9.02
cosmos
Cosmos Hub (ATOM) $ 3.94
vechain
VeChain (VET) $ 0.020481
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 107,526.81
fetch-ai
Artificial Superintelligence Alliance (FET) $ 0.66683
sky
Sky (SKY) $ 0.079824
render-token
Render (RENDER) $ 3.18
sei-network
Sei (SEI) $ 0.287757
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.175535
ethena
Ethena (ENA) $ 0.253375
algorand
Algorand (ALGO) $ 0.174053
arbitrum
Arbitrum (ARB) $ 0.302757
jupiter-perpetuals-liquidity-provider-token
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.38
filecoin
Filecoin (FIL) $ 2.19
first-digital-usd
First Digital USD (FDUSD) $ 0.99881
worldcoin-wld
Worldcoin (WLD) $ 0.879371
binance-peg-weth
Binance-Peg WETH (WETH) $ 2,426.53
usdtb
USDtb (USDTB) $ 1.00
kucoin-shares
KuCoin (KCS) $ 11.14
binance-staked-sol
Binance Staked SOL (BNSOL) $ 152.27
usdt0
USDT0 (USDT0) $ 1.00
jupiter-exchange-solana
Jupiter (JUP) $ 0.413869
nexo
NEXO (NEXO) $ 1.20
spx6900
SPX6900 (SPX) $ 1.24
flare-networks
Flare (FLR) $ 0.017046
rocket-pool-eth
Rocket Pool ETH (RETH) $ 2,763.94
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 2,542.28
bonk
Bonk (BONK) $ 0.000014
fartcoin
Fartcoin (FARTCOIN) $ 1.05
polygon-bridged-usdt-polygon
Polygon Bridged USDT (Polygon) (USDT) $ 1.00
injective-protocol
Injective (INJ) $ 10.48
kaia
Kaia (KAIA) $ 0.174264
blockstack
Stacks (STX) $ 0.659778
binance-bridged-usdc-bnb-smart-chain
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
celestia
Celestia (TIA) $ 1.45
sonic-3
Sonic (S) $ 0.305655
paypal-usd
PayPal USD (PYUSD) $ 1.00
xdce-crowd-sale
XDC Network (XDC) $ 0.059633
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 1.46
optimism
Optimism (OP) $ 0.536327
solv-btc
Solv Protocol BTC (SOLVBTC) $ 107,117.70
mantle-staked-ether
Mantle Staked Ether (METH) $ 2,593.68
pax-gold
PAX Gold (PAXG) $ 3,297.23