Ross Ulbricht Verdict Is Bitcoin Fear – Bitcoin Magazine

This is an opinion editorial Aaron Daniel, appellate attorney and author of The Bitcoin Brief and William D. Mueller, appellate attorney with nationwide practice.

Ross Ulbricht, the founder and operator of Silk Road, one of the first bitcoin-only markets, was sentenced to life in prison after a weeks-long trial in Manhattan’s US District Court for the Southern District of New York. The jury deliberated for just three-and-a-half hours before convicting Ulbricht on seven counts of the US government’s indictment: drug distribution, drug distribution over the Internet, conspiracy to distribute drugs, engaging in continuing criminal activity, computer conspiracy. hacking, trafficking in false identity documents and conspiracy to commit money laundering.

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