No Bail for Alleged Silk Road Mastermind
Summary: A federal judge denied bail to Ross Ulbricht, the 29-year-old accused of running the Silk Road black market as 'Dread Pirate Roberts,' after New York prosecutors filed additional evidence including allegations he paid for six murder-for-hire schemes rather than two. Prosecutors said his seized laptop held a Dominica citizenship application, fake IDs in Australia, Canada and the UK, an 'emergency' file of steps to take if law enforcement closed in, and a Bitcoin wallet of about 144,000 Bitcoins worth over $20 million at arrest.
Bottom line: Prosecutors say Ulbricht kept a diary logging his administration of the site from March 20 to September 30, 2013, and a spreadsheet listing 'sr inc' as a $104 million asset - a reminder that an operator's own records can become the case against him.
Read the original at Krebs on Security ↗
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