Silk Road founder Ross Ulbricht has been sentenced to life in prison
Ross Ulbricht has been sentenced to life in prison, after being found guilty of narcotics conspiracy and other charges earlier this year. Those charges came with a 20-year minimum sentence but no possibility of the death penalty, making life in prison the harshest possible sentence.
The charges stem from Ulbricht's management of the Silk Road, which used Tor Hidden Services and Bitcoin payments to create an ostensibly anonymous marketplace for drugs and other goods. Shut down in October of 2013, the Silk Road was the largest marketplace of its kind, and subsequent attempts at similar online marketplaces have been stymied by law enforcement actions and exit scams. The prosecution estimates that the Silk Road handled as much as $200 million in drug transactions, a figure that played prominently into today's sentencing decision.
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. "Ive 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."