Silk Road founder Ross Ulbricht has been sentenced to life in prison
ROSS ULBRICHT CONCEIVED of his Silk Road black market as an online utopia beyond law enforcement’s reach. Now he’ll spend the rest of his life firmly in its grasp, locked inside a federal penitentiary.
On Friday Ulbricht was sentenced to life in prison without the possibility of parole for his role in creating and running Silk Road’s billion-dollar, anonymous black market for drugs. Judge Katherine Forrest gave Ulbricht the most severe sentence possible, beyond what even the prosecution had explicitly requested. The minimum Ulbricht could have served was 20 years.
In addition to his prison sentence, Ulbricht was also ordered to pay a massive restitution of more than $183 million, what the prosecution had estimated to be the total sales of illegal drugs and counterfeit IDs through the Silk Road—at a certain bitcoin exchange rate—over the course of its time online. Any revenue from the government sale of the bitcoins seized from the Silk Road server and Ulbricht’s laptop will be applied to that debt.
Ulbricht had stood before the court just minutes earlier in navy blue prison clothes, pleading for a lenient sentence. “I’ve changed. I’m not the man I was when I created Silk Road,” he said, as his voice grew hoarse with emotion and cracked. “I’m a little wiser, a little more mature, and much more humble.”
The defense also made an extensive appeal for leniency, citing Ulbricht's ability to contribute to society in spite of his crimes. Ulbricht's team submitted nearly a hundred letters from friends, family, and other acquaintances, testifying to Ulbricht's good character. "I’ve had my youth, and I know you must take away my middle years," Ulbricht wrote in a pre-sentencing statement, "but please leave me my old age." Judge Forrest had a harsh reaction to Ulbricht's plea, describing it as a "display of arrogance that the court takes into consideration."
On Friday Ulbricht was sentenced to life in prison without the possibility of parole for his role in creating and running Silk Road’s billion-dollar, anonymous black market for drugs. Judge Katherine Forrest gave Ulbricht the most severe sentence possible, beyond what even the prosecution had explicitly requested. The minimum Ulbricht could have served was 20 years.
“The stated purpose [of the Silk Road] was to be beyond the law. In the world you created over time, democracy didn’t exist. You were captain of the ship, the Dread Pirate Roberts,” she told Ulbricht as she read the sentence, referring to his pseudonym as the Silk Road’s leader. “Silk Road’s birth and presence asserted that its…creator was better than the laws of this country. This is deeply troubling, terribly misguided, and very dangerous.”
In addition to his prison sentence, Ulbricht was also ordered to pay a massive restitution of more than $183 million, what the prosecution had estimated to be the total sales of illegal drugs and counterfeit IDs through the Silk Road—at a certain bitcoin exchange rate—over the course of its time online. Any revenue from the government sale of the bitcoins seized from the Silk Road server and Ulbricht’s laptop will be applied to that debt.
Ulbricht had stood before the court just minutes earlier in navy blue prison clothes, pleading for a lenient sentence. “I’ve changed. I’m not the man I was when I created Silk Road,” he said, as his voice grew hoarse with emotion and cracked. “I’m a little wiser, a little more mature, and much more humble.”
The defense also made an extensive appeal for leniency, citing Ulbricht's ability to contribute to society in spite of his crimes. Ulbricht's team submitted nearly a hundred letters from friends, family, and other acquaintances, testifying to Ulbricht's good character. "I’ve had my youth, and I know you must take away my middle years," Ulbricht wrote in a pre-sentencing statement, "but please leave me my old age." Judge Forrest had a harsh reaction to Ulbricht's plea, describing it as a "display of arrogance that the court takes into consideration."
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