Trial for alleged Silk Road creator Ross Ulbricht set for November
Ulbricht will plead not guilty to charges including narcotics conspiracy and computer hacking
IDG News Service - Ross Ulbricht, the alleged creator of the Silk Road online black market, will go to trial in November and will be held until then without bail, the U.S. Department of Justice said.
Ulbricht has pleaded not guilty to a range of charges tied to his alleged activities with Silk Road, including a so-called "kingpin" charge often reserved for organized crime groups. He was arraigned Friday at the U.S. Court for the Southern District of New York in Manhattan.
At that hearing, Judge Katherine Forrest set the trial for November. Prosecutors and defense attorneys will attempt to sort out what evidence can be presented at trial, according to a schedule laid out by the judge.
On Feb. 27, the government will provide the defense with data from computers that were seized during the investigation, said a spokeswoman at the U.S. Attorney's Office for the Southern District of New York.
According to a Forbes report Friday, prosecutors said they also have between eight and 10 terabytes of data that they will share with defense attorneys and may use at trial. At a hearing in December, the government referred to data it had collected from Silk Road's servers and Ulbricht's own laptop, the report said.
Ulbricht is being held at a detention center in Brooklyn.
Joshua Dratel, Ulbricht's attorney, did not immediately respond to a request for comment. In the lead-up to the arraignment, his office said Ulbricht would plead not guilty to the charges and that the indictment against him had been expected.
In addition to the kingpin charge, the indictment includes charges of narcotics conspiracy, which carries a minimum 10-year sentence and a maximum of life, as well as computer hacking and money laundering charges.
Silk Road allegedly facilitated the distribution of hundreds of kilograms of illegal drugs between 2011 and 2013. It accepted payments in bitcoins in an effort to conceal the identities of its users, prosecutors say. More than $150 million worth of bitcoins at current exchange rates were seized in the course of the investigation, the DOJ said in an indictment issued earlier this week.
The site was shut down by the FBI in October, though a new version, dubbed Silk Road 2.0, has since launched. Some of the moderators of the new site were apprehended by authorities in December.
This pilot fish is a contractor at a military base, working on some very cool fire-control systems for tanks. But when he spots something obviously wrong during a live-fire test, he can't get the firing-range commander's attention.
- IT Certification Study Tips
- Register for this Computerworld Insider Study Tip guide and gain access to hundreds of premium content articles, cheat sheets, product reviews and more.
- Reduce federal infrastructure risk with compliance management and situational awareness
- IBM continuous monitoring and management solutions deliver real-time situational awareness to help federal agencies understand vulnerabilities, and protect the infrastructure.
- Agility & Scalability for Oracle EBS R12 and RAC on VMware vSphere 5
- This white paper outlines extensive performance and scalability testing of Oracle EBS applications on a Vblock™ Systems with vSphere 5.
- Oracle and VCE: The Next Step in Integrated Computing Platforms
- In this ESG Lab review you will learn how a VCE system driven by Oracle, delivers the perfect blend of high performance and...
- Migrate Oracle Apps from RISC/UNIX to Virtualized x86
- Ready to move Oracle to a virtualized environment? This brief explains how true converged infrastructure can help you migrate from a RISC/UNIX environment...
- Step Out of the Bull's-Eye
- Learn about the evolution of targeted attacks, the latest in security intelligence, and strategic steps to keep your business safe. All Government IT White Papers
- Keep Servers Up and Running and Attackers in the Dark An SSL/TLS handshake requires at least 10 times more processing power on a server than on the client. SSL renegotiation attacks can readily...
- On Demand: Mastering the Art of Mobile Content Management Mobile device usage in the enterprise has skyrocketed, and it continues to escalate. IT must answer to users who demand access to their...
- DevOps with PureApplication System: Reduce cost and speed delivery with an integrated IBM Cloud solution Join this webcast to hear what ING Netherlands has been able to achieve while deploying DevOps tools from IBM Rational. An ING executive...
- NSS Labs & Cisco Present: Evaluating Leading Breach Detection Systems Today's constantly evolving advanced malware and APTs can evade point-in-time defenses to penetrate networks. Security professionals must evolve their strategy in lockstep to...
- Will the Real Endpoint Threat Detection and Response Please Stand Up? This webinar explores new technologies & process for protecting endpoints from advanced attackers as well as the innovations that are pushing the envelope...
- All Government IT Webcasts