Ross Ulbricht Moved to a New High-Security Prison

Silk Road darknet market
Ross Ulbricht, founder of the notorious Silk Road darknet market, has been transferred to USP Tucson, a high-security prison based in Arizona.

The founder of the infamous dark web marketplace Silk Road, which was notorious for facilitating illegal trades, has been moved to another high-security prison. Ross Ulbricht is now held up at the USP (United States Penitentiary) Tucson high-security prison in Arizona.

In this new prison, Ulbricht will be locked up among some high-profile murderers and gang members, but likely fewer than the previous facility where he was jailed.

Shifting Prisons Again

USP Tucson is known for housing a handful of high-profile convicted murderers, notably Louis Eppolito and H. Rap Brown.

The facility also holds up a significant amount of sex offenders, credited to the prison’s exclusive Sex Offender Management Program it runs.

Currently, Ulbricht is set to continue serving his double life sentence here together with an additional 40-year sentence with no chance of parole.

Reason for the Transfer

Since his conviction, Ulbricht has been moving from one prison to the next. Nonetheless, this prison transfer was authorized after Judge Katherine Bolan Forrest made a recommendation. Judge Forrest is also the same judge who oversaw his trial.

USP Tucson was one among the two recommendations, the first being FCI Petersburg, a medium-security prison. This move was aimed at offering Ulbricht a safer and better ecosystem which would allow him to serve the remainder of his sentence without getting harmed.

Judge gavel and scales of justice and book background
Judge Katherine handed Ulbricht his double-lifetime sentence after the court found him guilty of various counts including conspiracy to assist in narcotics trafficking, computer hacking, as well as money laundering.

Initially, during his trial, Ulbricht was locked up at the Metropolitan Correctional Center, a New York-based correctional facility. In July 2017, after his sentencing, he was moved to Colorado-based USP Florence. This correctional facility goes by the moniker the Alcatraz of the Rockies.

It is here that Ross was serving his sentence until the recent transfer move pushed through, which now has him transferred to Arizona-based USP Tucson.

About Silk Road:

Judge Katherine handed Ulbricht his double-lifetime sentence after the court found him guilty of various counts including conspiracy to assist in narcotics trafficking, computer hacking, as well as money laundering. All the charges arose from the fact that he was the creator and head admin of Silk Road, a now-defunct dark web marketplace.

The marketplace facilitated the buying and selling of goods using cryptocurrency. Ulbricht created Silk Road as part of a vision to establish a free marketplace which would facilitate anonymous online transactions without necessitating for the users to provide personal details. The creation of Silk Road started back in 2010, with the market operating for three years before its operations were seized by the FBI in 2013. The site officially became defunct after the arrest of Ulbricht by the federal authorities.

Ulbricht’s family is still optimistic that he will ultimately be transferred to a medium-level security facility since, according to them, he is not a dangerous criminal.

ANNOUNCEMENT: Silk Road is BACK ONLINE NOW as Silk Road 3.1 and open for business. The team did a change and upgrade for a reason we can only assume for security.

>> Click here to find the Silk Road 3.1 Guide <<

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Silk Road Creator Writes a Letter to Roger Ver

President Holding Get Out of Jail Card Isolated on White Background
Ross Ulbricht, the founder of Silk Road, has written to Bitcoin startup investor Roger Ver seeking help in securing a presidential pardon.

It’s been slightly over half a decade now since Ross Ulbricht was arrested and locked behind bars. He was the founder of the infamous dark web marketplace Silk Road, which enlisted an assortment of products and services both illegal and legal.

Although to some extent the darknet site did facilitate some unlawful activities, it was nonetheless among the pioneers of the usage of Bitcoin. Many users preferred payments in Bitcoin as opposed to standard cash since it was more secure and difficult to trace.

Now years since his sentence was handed to him back in 2015, Ulbricht has made attempt after attempt to plead his case but to no avail. In his latest endeavor, he has written a handwritten letter to early Bitcoin investor Roger Ver seeking for him to help get a presidential pardon.

Ver has been among the most vocal supporters of the former Silk Road founder, insistently calling for his release. Ulbricht is seeking to get help in clemency for his double life sentence that he is currently serving at the U.S. Penitentiary Florence High, based in Colorado.

Ulbricht’s Call for Support

In his handwritten letter (which Ver shared in a YouTube video), Ulbricht outlined that he was entirely out of options and that his best shot at freedom was only a presidential pardon. He started by outlining that despite the assistance that Ver had offered throughout the trials, he has unfortunately lost the court battles over and over again.

Man signing a petition for a public referendum in Seattle
Last year saw the start of a distinct campaign aimed at having Ulbricht granted clemency, not to mention a petition which has garnered over 100,000 signatures

According to Ulbricht, while he and his team have provided their absolute best, their odds of a victory are slim no matter how much expertise and resources they put into it.

He continues to state that having identified how little of a chance he has of getting his freedom back through the courts, his only remaining option is getting a presidential pardon.

Support from Crypto Influencers

Ulbricht also highlighted that it is time that the crypto community solidifies their support for him in his quest to get a presidential pardon.

Despite not necessarily being a crypto proponent, Ulbricht has been a significant unifying factor in the growth of cryptocurrencies.

Such is the massive influence that everyone starting from the Bitcoin maximalists down to the most conservative have expressed their wish to see him freed.

In finality, Ulbricht asked Ver together with other highly influential persons across the crypto realm to create and upload video clips voicing their support in his efforts, to effectively push his attempt at getting U.S. President Trump to pardon his double life sentence.

Last year saw the start of a distinct campaign aimed at having Ulbricht granted clemency, not to mention a petition which has garnered over 100,000 signatures. What’s more, this campaign has also been supported by a state senator and a political party.

In July 2018, The Libertarian Party passed a resolution urging the president to grant Ulbricht a full pardon. The event happened during the party’s annual convention with Darryl Perry, the former Liberian Party chair, dubbing Ulbricht as a political prisoner.

ANNOUNCEMENT: Silk Road is BACK ONLINE NOW as Silk Road 3.1 and open for business. The team did a change and upgrade for a reason we can only assume for security.

>> Click here to find the Silk Road 3.1 Guide <<

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Mother of Silk Road Founder Remains Hopeful President Trump Will Pardon Her Son

Silhouette of the President of the United States of America Donald Trump while attending a conference
Lyn Ulbricht continues hope that President Donald Trump’s executive pardon could mean freedom for her son, the incarcerated founder of Silk Road.

Lyn Ulbricht is still hopeful that U.S. President Donald Trump’s executive pardon could mean that her son, Silk Road founder Ross Ulbricht, will one day go free.

In 2015, a judge gave Ross Ulbricht two life sentences in addition to 40 years after the authorities arrested him two years prior for the role he played as the creator and head operator of Silk Road, a darknet marketplace. The sentencing came without an option of parole.

In a recent interview with the Yahoo Finance U.K., Lyn Ulbricht accepted that her son’s work and the Silk Road’s foundation was a “reckless idea.” However, she said that her son did not start the platform with an aim of harming others; his ultimate idea was to push the advancement of free markets and privacy.

The Longstanding Clemency Petition

The debate on the sentencing of Ross Ulbricht has remained one of the contentious issues in the U.S. Some individuals believe that the sentence was just, but others think that the government’s decision was draconian.

In July 2018, Lyn Ulbricht started a petition on Change.org which asks for Ross’ clemency. The petition notes that the sentence was very harsh, mainly because no charges were violent and he did not have a criminal history. Over 100,000 individuals have already signed the petition.

Several public figures in the crypto ecosystem including Shapeshift CEO Eric Voorhees and Litecoin Founder Charlie Lee have supported the “Free Ross” movement and even tweeted the link to the petition.

Lyn Ulbricht explained that she is hopeful because Trump has already granted clemency to several individuals. She also emphasized that if she lives, she will not bring herself to allow her son to rot in prison. She elaborated that the labeling of her son as a “kingpin” and the charge with serious crimes was a serious “abuse of power.”

During the interview, Lyn exclaimed that Ross is not Pablo Escobar and recalled the heartaches she suffered when dealing with the arrest and the trials that followed.

Conceptual image of a handgun with a roll of money surrounded by scattered bullets and cartridges on an old weathered wooden surface with copyspace depicting crime, a payoff, robbery or bribe
Part of Ross Ulbricht’s arrest and trial centralized around allegations of arranging for a murder-for-hire aimed at taking out particular individuals.

Was the Murder-For-Hire Real?

Part of Ross Ulbricht’s arrest and trial centralized around allegations of arranging for a murder-for-hire aimed at taking out particular individuals.

Lyn Ulbricht stated that she believes the entire scheme was a sting organized by another individual logged onto Dread Pirate Roberts’ account (Ross’ online alias) when he had left. She claimed that all the alleged chat logs relating to the situation featured a distinctive writing format and style and were very different from Ross’ way of communication.

Lyn also indicated that Ross was doing well in the U.S. Penitentiary Florence prison in which he is incarcerated, and he has managed to maintain connections with the outside world. He has been dictating tweets to his visitors and receiving notes and letters.

Background: Ross’ Arrest

Ross Ulbricht started the Silk Road, an online marketplace similar to eBay that allowed buyers and sellers to use Bitcoin in their transactions—a relatively obscure currency at the time.

Among the key features that differentiated the marketplace from others was the loose rules relating to the sold items. The marketplace forbade some things like stolen goods and child exploitation material but allowed drugs and, as a result, it became the marketplace for illegal narcotics.

By early 2013, most of the listings on Silk Road were drugs such as heroin, ecstasy and cannabis. Sales estimates stood at around $200 million to $1 billion. The FBI traced the anonymous operator of the site, known online as Dread Pirate Roberts, to Ross Ulbricht.

ANNOUNCEMENT: Silk Road is BACK ONLINE NOW as Silk Road 3.1 and open for business. The team did a change and upgrade for a reason we can only assume for security.

>> Click here to find the Silk Road 3.1 Guide <<

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Silk Road’s Alleged Hitman Arrested in Canada

Blue light flasher atop of a police car. City lights on the background.
A former Silk Road vendor was arrested in Vancouver under suspicion that he worked for the market’s founder as a hitman.

The latest character to be thrust into the seemingly never-ending Silk Road saga is one James Ellingson. Ellingson fits the profile of your run-of-the-mill drug vendor. He has a criminal record that precedes his time on the now-defunct Silk Road where he allegedly racked up $2 million selling drugs.

The 42-year-old is perhaps more suitably introduced as a hitman that was allegedly sought out by Silk Road founder Ross Ulbricht during his tenure at the helm of the drug-fueled market where he was known as the one and only “Dread Pirate Roberts (DPR).”

Alleged Hitman Used the Alias ‘Redandwhite’

Canadian authorities arrested Ellingson in Vancouver nearly a month ago after investigations led them to believe that he was the man behind the darknet handle “redandwhite.”

Although his arrest had been in the works since January this year following a warrant issued by a New York federal magistrate judge, the 42-year-old former Silk Road vendor and purported hitman managed to make bail in a British Columbia court, thwarting the authorities’ efforts to keep him locked up.

A Hand out to send money to buy the drugs and dealer drugs man send big pack of cocaine, and many banknote and drugs on wooden table, dark vintage style,substance addiction and abuse concept
This lends to the belief that redandwhite could be one of two things: a drug dealer who also carried out occasional hits, or a drug dealer who also carried out occasional scams.

Despite evidence from the 2015 Ross Ulbricht trial suggesting that redandwhite and Ulbricht had plotted to carry out a murder within the first week after they started communicating, no records of an actual murder occurring during that time frame were ever brought forth.

This lends to the belief that redandwhite could be one of two things: a drug dealer who also carried out occasional hits, or a drug dealer who also carried out occasional scams.

Origins of Ellingson’s Involvement

Ellingson came into the picture in March 2013 after a feud between two Silk Road users, FriendlyChemist and LucyDrop, devolved to a point where the identities of 24 Silk Road vendors, including nine high-profile ones, were under threat of exposure. FriendlyChemist wanted to blackmail DPR, leveraging the real identities of several vendors as well as thousands of customers as a means to get what he wanted.

Things escalated quickly from here. First, the LucyDrop account became inactive, but was soon replaced by another account by the name RealLucyDrop, which claimed that FriendlyChemist had betrayed them and led to their arrest. DPR, determined not to be strong-armed into handing out his money, tried to convince RealLucyDrop to hand over FriendlyChemist’s real identity, but instead, he was later contacted by redandwhite, who introduced himself as part of the group that FriendlyChemist owed.

If the username didn’t clue you in, redandwhite claimed to be part of a drug ring / motorcycle gang known as Hells Angels, an outfit that controlled the movement of illicit substances in a large portion of western Canada. Red and white are the gang’s colors.

Hell's Angels and the Red Devils drinking together at the Royal Standard pub. Motorcycles are parked everywhere
If the username didn’t clue you in, redandwhite claimed to be part of a drug ring / motorcycle gang known as Hells Angels, an outfit that controlled the movement of illicit substances in a large portion of western Canada. Red and white are the gang’s colors.

DPR initially saw the chance to recruit redandwhite to be one of the vendors on his thriving market, but soon got down to business on how the FriendlyChemist issue could be handled with the least amount of commotion. He offered to put a bounty on his head on March 29 that same year. The hitman allegedly sent photo evidence of the murder a few days later after he and DPR had agreed on a price.

Ellingson’s story got even more complicated when police linked him to another drug vendor’s account named Marijuanaismymuse. As it stands, British Columbia Judge Justice DeWitt-Van Oosten believes that other people could be behind the Marijuanaismymuse account.

Already, court documents have placed a man known only by the initials D.A.L. behind the Marijuanaismymuse account, who was slapped with a civil forfeiture claim worth $1.4 million earlier this year by British Columbia authorities.

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Petition to Free Ross Ulbricht Reaches a Milestone of 100,000 Signatures

Man signing a petition
A petition to pardon Ross Ulbricht reached 100,000 signatures in just a matter of months, birthing new hope that the Silk Road founder might be freed.

Since his incarceration, support for Silk Road founder Ross Ulbricht has grown tenfold due to the efforts of his family, who work to defend what they believe is a wrongly imprisoned man.

Organizations such as the Drug Policy Alliance, Downsize DC Foundation, National Lawyers Guild, Reason Foundation and the National Lawyers Guild stand behind Ulbricht’s family in supporting their case.

After a failed appeal earlier this year, a petition to have Ulbricht pardoned by U.S. President Donald Trump was launched on Change.org, and in a matter of months, the number of signatures grew exponentially.

On Thursday, the petition finally came to pass the 100,000 signature mark, despite the fact that 50,000 was the initial target as support for Ulbricht grows.

Silk Road Case and Subsequent Conviction

Ulbricht was perhaps first known to the world as “Dread Pirate Roberts” when he ran the underground marketplace on the dark web known as Silk Road. The website allowed transactions of all kinds, even those that were illegal in nature, to happen under the mask of anonymity provided by the network encryption software Tor.

Silk Road operated for just under two years, during which Ulbricht amassed an estimated $28.5 million through transaction and service fees for the users of his platform, who paid for goods such as guns and drugs in Bitcoin.

One hand passes bitcoin and the other hand passes the drug package.
Silk Road operated for just under two years, during which Ulbricht amassed an estimated $28.5 million through transaction and service fees for the users of his platform, who paid for goods such as guns and drugs in Bitcoin.

His subsequent arrest in October of 2013 led to one of the most controversial cases of the century. Ulbricht faced charges of procuring murder, conspiring to sell narcotics, money laundering and computer hacking. Though the murder charge was ultimately dropped from his indictment, the evidence was still presented in court, and Judge Katherine Forrest pulled all the stops to ensure Ulbricht got the maximum sentence possible—two terms of life imprisonment without the possibility parole.

The Free Ross Movement

Ulbricht’s story is one that has been reiterated many times over, sometimes with emphasis laid upon the unquestionable injustice that followed his arrest, and other times with the hope that he will soon see the light of day.

At the moment, Ulbricht is serving his sentence at the United States Penitentiary in Florence High, where he has spent the last few years of his life trying to find a way out. Unlike many other convicted criminals serving life imprisonment without the possibility of parole, Ulbricht wasn’t involved in a violent crime, nor was he a threat to national security.

However, his appeals for a retrial have been turned down by the U.S. Court of Appeals even with the availability of damning evidence against the investigators that oversaw his case.

The U.S. Supreme Court is seen on a sunny fall day in Washington, D.C
However, his appeals for a retrial have been turned down by the U.S. Court of Appeals even with the availability of damning evidence against the investigators that oversaw his case.

Despite outrage from all corners of the internet, the 34-year-old is left with no choice but to hope for a presidential pardon, which, according to recent developments, just might be within reach.

Support Continues

With the aid of his family, Ulbricht is now able to maintain a live Twitter account which became active earlier this year. He keeps his many followers updated via his mother and his friends, courtesy of the customary phone calls he’s allowed to make from prison.

Support for Ulbricht has been in endless supply, with big names like John McAfee writing on his blog about the imperative for privacy and how Ulbricht’s was wrongfully treated during the investigations. Among the parties responsible for this milestone is The Libertarian Party, which has been a vocal supporter of the Free Ross campaign since the start.

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Silk Road Lawyer to Defend WikiLeaks against DNC Lawsuit

The high-profile lawyer who represented Silk Road founder Ross Ulbricht is set to defend WikiLeaks against a multimillion-dollar lawsuit.

ANNOUNCEMENT: Silk Road is BACK ONLINE NOW as Silk Road 3.1 and open for business. The team did a change and upgrade for a reason we can only assume for security.

>> Click here to find the Silk Road 3.1 Guide <<

Closeup of WikiLeaks website website under a magnifying glass. WikiLeaks is an international non-profit organisation that publishes secret information
The New York lawyer who represented Silk Road founder Ross Ulbricht has signed on to defend WikiLeaks against a Democratic National Committee lawsuit.

The lawsuit was filed by the Democratic National Committee (DNC) regarding Russian interference in the 2016 U.S. presidential election. Attorney Joshua Dratel notified the Manhattan judge who is overseeing the lawsuit that he would be WikiLeaks’ legal representative.

Who Is Joshua Dratel?

WikiLeaks tweeted the New York attorney’s notice to the court. The organization also posted a statement fromDratel saying that the DNC lawsuit against WikiLeaks lacks merit and it presents crucial issues concerning the First Amendment that the defense will be seeking to litigate.

Dratel has become well known as a representative for high-profile defendants in complex federal cases such as terrorism prosecutions.

Dratel was the first civilian attorney to represent a Guantanamo Bay prisoner. However, he is best known for representing Ross Ulbricht, the convicted founder and operator of the infamous dark web market Silk Road.

Allegations Against WikiLeaks

Six months ago, DNC Chair Tom Perez announced the 66-page civil lawsuit, which sues the Russian government, Donald Trump’s campaign and operatives, WikiLeaks and founding editor Julian Assange.

According to the lawsuit, the DNC alleges that leading Trump campaign officials were involved in a conspiracy with the Russian government to hurt presidential candidate Hillary Clinton and sway the election in favor of Trump. This was achieved through the hacking of Democratic Party systems.

Russian intelligence agency GRU has been identified publicly as the actor behind the DNC intrusion.

In July 2016, WikiLeaks released nearly 20,000 emails which were stolen from the DNC breach. At the time, then-candidate Trump actively praised WikiLeaks during his campaign rallies and on Twitter. Donald Trump Jr., who is also named as a defendant in the civil lawsuit, promoted the leaks via Twitter while carrying out private communication with Assange.

The DNC stated that WikiLeaks published the stolen material with the knowledge that the act would benefit the Russian government, Russian agents and Russian instrumentalities.

The lawsuit added that WikiLeaks’ and Assange’s goals were to promote Trump by undermining Clinton.

According to the DNC, Clinton and Assange have a long history of policy disagreements. They argue that this means the WikiLeaks founder would have preferred a Trump presidency since it would be less problematic for the organization.

Aim of the DNC Lawsuit

An concept Image of a lawsuit
The high-profile lawyer who represented Silk Road founder Ross Ulbricht is set to defend WikiLeaks against a multimillion-dollar lawsuit.

The other defendants in the DNC’s lawsuit include campaign staff or Trump advisors including Jared Kushner, Donald Trump Jr. and Roger Stone. It is worth noting that President Donald Trump himself is not a defendant in the case.

The aim of the lawsuit is seeking compensation for the damages and losses the DNC suffered as a result of the intrusion and leaks. The amount of compensation at play is unspecified, although it can easily be in the millions.

The investigation into Russian interference of the 2016 election led by Special Counsel Robert Mueller is still ongoing.

Joshua Dratel is defending WikiLeaks but has not signed on to representing Julian Assange.

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Silk Road Admin Pleads Guilty to Drug-Related Charge

Gary Davis’s short stint as a site administrator on Silk Road has left the Irish national facing up to a period of 20 years in prison should he be convicted on charges of distributing narcotics.

ANNOUNCEMENT: Silk Road is BACK ONLINE NOW as Silk Road 3.1 and open for business. The team did a change and upgrade for a reason we can only assume for security.

>> Click here to find the Silk Road 3.1 Guide <<

justice and law concept.Male judge in a courtroom the gavel, working with digital tablet computer on wood table in morning light
Former Silk Road admin Gary Davis pleaded guilty of conspiracy to distribute narcotics, a charge carrying a maximum prison sentence of 20 years.

Earlier this month, the 30-year-old pleaded guilty to the charge, acknowledging his administrative role on Silk Road where he went by the alias “Libertas.”

The Silk Road operated for two short years (between 2011 and 2013) during which thousands of drug dealers managed to peddle their illegal wares to buyers numbering in the hundreds of thousands, all under the cover of anonymity.

Silk Road founder Ross Ulbricht—who operated using the alias “Dread Pirate Roberts” or “DPR” during his period at the helm of the dark web marketplace—was sentenced to life in prison two years after the site was brought down. That was in 2015, about two years after Davis had stepped down from his role as a site administrator.

Silk Road’s Hierarchy

Federal prosecutors from New York said that Davis operated as a paid moderator on the now-defunct site, a role that came with duties such as responding to inquiries, monitoring user activity, and conflict resolution between buyers and sellers.

The site administrators served below Ulbricht and his advisors, but above forum moderators who primarily monitored how the users of the site interacted and enforced the guidelines on how to transact on the platform, reporting only the issues they couldn’t solve to the admins.

Court documents say that Davis started out in the latter role between May and June 2013 before he was promoted to an administrative role. He acted as an administrator until October 2 of the same year.

Extradition and Prosecution

drug use, crime, addiction and substance abuse concept
Earlier this month, the 30-year-old pleaded guilty to the charge, acknowledging his administrative role on Silk Road where he went by the alias “Libertas.”

Davis had initially intended to fight all efforts of prosecutors to extradite him to the U.S. to appear before the court, but less than three years later, his appeal turned out to be unsuccessful despite claims by his attorneys that he feared how he would be treated in American prisons.

Prosecutors announced his extradition in July, which is roughly four years after he was arrested back in Ireland. On October 5, he stood before U.S. District Judge Jesse M. Furman and pleaded guilty of conspiring to distribute narcotics, a charge which could put him behind bars for up to 20 years if he’s proven guilty during his sentencing, which is scheduled for January 17, 2019.

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Gary Davis in Negotiations with Prosecutors on a Plea Deal

Updated coverage of Gary Davis’ case here.

Gary Davis, who is in police custody in New York City after being accused of being involved in the activities of Silk Road, has officially initiated negotiations with prosecutors for a plea deal.

ANNOUNCEMENT: Silk Road is BACK ONLINE NOW as Silk Road 3.1 and open for business. The team did a change and upgrade for a reason we can only assume for security.

>> Click here to find the Silk Road 3.1 Guide <<

Mediation settlement and arbitration law concept as boxing gloves on a justice scale as a lawyer and attorney support metaphor with 3D illustration elements.
Gary Davis, a key suspect in the Silk Road saga, is in talks with prosecutors seeking a plea deal that may see him serve a lesser sentence.

The 29-year old Irish national was extradited in July to the United States after the Supreme Court approved the request.

Davis is facing multiple charges that can carry a sentence to life, including conspiracy to distribute drugs, money laundering and hacking.

The suspect, however, denied all these three charges during a court hearing in New York on July 19.

Now, Davis has commenced talks with prosecutors to get an exclusive deal which would see him serve a lesser sentence but in exchange to pleading guilty as opposed to proceeding to trial.

A case hearing which was scheduled to happen earlier this month was adjourned for two weeks based on a request to Judge Jesse Furman from the U.S. District Court for the Southern District of New York.

According to the letter, the request for adjournment was because of the forthcoming negotiations between both parties for the plea deal.

It also outlined that Davis’s legal counsel had agreed to the said adjournment and in case they came to a resolution, the district attorney would notify the court.

Background on Davis’ Case

The Federal Bureau of Investigation filed an indictment [PDF] in 2013 alleging that Davis, who was then using “Libertas” as his pseudonym, was working alongside Silk Road’s founder and head admin, Ross Ulbricht.

Authorities believe that Ulbricht, who is at the moment serving a life sentence in the U.S., may have amassed about $18 million in profit from the total transactions on Silk Road—estimated at around $1.2 billion transactions on the site.

Authorities found a scanned image of the passport belonging to Davis on Ulbricht’s computer, together with a log that outlined that Libertas received a weekly payment of $1,500 in Bitcoin for not only facilitating drug sales but also acting on queries from dealers.

Several raids occurred in December 2013, with one targeting Davis’ residence and similar operations taking place at the homes of two other individuals who were on the FBI radar after they had retrieved information from Ulbricht’s laptop.

Extradition to the U.S.

Gavel on court desk
The 29-year old Irish national was extradited in July to the United States after the Supreme Court approved the request.

After a court ordered Davis’ extradition to the U.S., his lawyers opposed the decision through a request for appeal.

Their argument was that if Davis were to be extradited to the U.S., he would otherwise not receive the treatment necessary for Asperger’s syndrome.

In the course of the hearing, the state has not yet accepted the medical evidence claiming that the Asperger’s condition Davis suffers is too critical to excuse him to be tried in the U.S.

In 2015, the counsel for the Irish Attorney General, argued against Davis’ extradition—terming his condition as mild, and therefore not necessitating extradition.

The Supreme Court ultimately denied this appeal, ruling that the extradition would not put him in any danger of mistreatment.

Davis has been awaiting trial since his extradition to the U.S. in July. It is unclear whether or not he will be able to work out a plea deal with prosecutors in his case, but an announcement may come soon.

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Silk Road Creator Faces Objections to Appeal

Ross Ulbricht’s quest for freedom is bound to be speckled by obstacles, according to fresh reports. Several months after his appeal was denied, U.S. attorneys have filed an appellee brief with the Second Circuit Court of Appeals insisting that the Silk Road founder’s appeal should be denied.

ANNOUNCEMENT: Silk Road is BACK ONLINE NOW as Silk Road 3.1 and open for business. The team did a change and upgrade for a reason we can only assume for security.

>> Click here to find the Silk Road 3.1 Guide <<

Judge`s gavel and law books.constitutional crisis
Ross Ulbricht is expected to face objections from the U.S. government in relation to his appeal for a time extension to file a Rule 33 motion.

Furthermore, the document stated that the attorneys were fully behind the decision of the District Court to deny Ulbricht’s appeal.

Katherine B. Forrest, the judge who delivered Ulbricht’s life sentence, denied him the chance to appeal his judgment for reconsideration and to file a motion for fresh trials in accordance to Rule 33 of the Federal Rules of Criminal procedure.

Rule 33 says in part that the defendant can file a motion which may lead the court to repeal any judgment and order fresh trials if it is in the interest of serving justice.

Ulbricht’s defense team has filed motions that claim that new relevant data is available. This series of motions were filed by Ulbricht in February as he awaited his certiorari petition, which was still pending.

One motion requested additional time for the former Silk Road founder to prepare and submit a Rule 33 motion based on newly found evidence from the pen register and trap and trace data collected during the course of the Silk Road investigations.

The government had five of these Pen/Trap orders, three of which were contested by Ulbricht’s defense team. The court denied the request for additional time to file a Rule 33 motion that same day.

Attorneys explained why Ulbricht may face a lot of objections filing a motion for fresh trials based on newly discovered evidence.

According to them, motions such as these are typically only granted when the evidence is new and was not a part of the previous trial, when there are facts on which the court can perform due diligence to obtain evidence, when there is materialistic evidence, when the evidence is neither cumulative nor merely impeaching, and when the evidence will, without a shadow of doubt, result in the acquittal of the defendant.

According to the document, the District Court is not at fault for denying Ulbricht’s motion for a time extension to file a Rule 33 motion chiefly because the defendant cannot prove that the Pen/Trap data is newly discovered, whether it is material to his defense, or whether it would lead to an acquittal if they take it to trial.

Rubber stamping that says 'Appeal'.
Furthermore, the document stated that the attorneys were fully behind the decision of the District Court to deny Ulbricht’s appeal.

Ulbricht’s newly discovered evidence consists of Pen/Trap data from three of the five orders purportedly contained in sealed magistrate’s files, newly discovered Pen/Trap data that the government had promised to produce to his defense team, and evidence from the book American Kingpin, which showed that the agency tasked with the Silk Road investigation used Pen/Trap data to monitor not only his location but also his online activities when he was at his residence.

Despite that, U.S. attorneys are adamant in the belief that these challenges are meritless, and that Ulbricht knew about the Pen/Trap data back in 2014.

They also mentioned that the arguments he raised recently had already been raised and rejected by the District Court and now the Circuit Court of Appeals.

Ulbricht will continue to serve his life sentence pending any new developments to the case.

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Huge Silk Road Bitcoin Wallet Gets Active Again—Here Are the Theories

Activity in a Bitcoin wallet containing close to a billion dollars worth of Bitcoin has raised several suspicions and theories, as crypto enthusiasts, analysts and one particularly dedicated Reddit user have reported.

ANNOUNCEMENT: Silk Road is BACK ONLINE NOW as Silk Road 3.1 and open for business. The team did a change and upgrade for a reason we can only assume for security.

>> Click here to find the Silk Road 3.1 Guide <<

Bit-coin in the wallet
A Bitcoin wallet containing over 111,000 BTC has shown activity for the first time in years, meaning a major Bitcoin dump could be imminent.

The wallet is said to contain 111,114.615 BTC, which is roughly $800 million in fiat currency. Reddit user “sick_silk” and other enthusiasts first noticed the account in May 2014 but didn’t see any activity for over four years.

Now, the excitement is palpable as the unknown owner of the account recently began moving chunks of the massive sum, setting in motion a trail of speculation over who it could be, and more importantly, where they got all that Bitcoin from.

Sell-Offs and Bitcoin Dumps Anticipated

Even without knowing the origin or the owner of the wallet in question, crypto enthusiasts are expecting that this recent activity only means that a huge dump is imminent.

Wallets of such magnitude have the power to influence Bitcoin’s market prices considerably, and so a major sell-off is something the world will take note of.

So far, a total of 60,000 coins have been moved in chunks of 30,000, 20,000 5,000, 500, and 100 bitcoin. A sum of 11,114 BTC (roughly $80.3 million) was sent to a Bitfinex wallet and another 4,421 BTC (approximately $32 million) was transferred to Binance.

This only represents 14 percent of the total sum in the wallet, but many anticipate that the activity won’t stop there.

The Silk Road Theory

Meanwhile, experts and enthusiasts have already begun spewing out theories over who the account may belong to.

Some believe that it is part of Silk Road founder Dread Pirate Roberts’ cache of 600,000 Bitcoin, which he hid in an encrypted wallet before the shutdown of Silk Road and the consequent arrest and life incarceration of the man behind the site, Ross Ulbricht.

The Silk Road marketplace didn’t last long, but over the two years it was in operation its administrators amassed millions of dollars in profits.

Though a significant portion of this was seized by the FBI and auctioned, large sums of Bitcoin remained unaccounted for, and crypto enthusiasts believe this could be one of the cold storages for the disappeared funds.

The Mt. Gox Theory

The Mt. Gox breach will go down in history as one of the biggest Bitcoin heists of all time. Back then, the price was $480 per coin, and the hackers took $437 million worth of Bitcoin.

This automatically rendered the exchange bankrupt, and to date, they are still reimbursing customers who lost their Bitcoins in the incident.

Since the last dates of the transaction of the mysterious account almost coincide with the final days of the exchange’s life, it is possible that the account was merely one of their reserves, and that they have now cracked it open to continue paying off their debts.

This theory was strengthened on August 23 when Nobuaki Kobayashi, a trustee at the exchange, released submission forms for creditors who were ready to make and prove their claims.

It is possible that the exchange is looking to make amends by settling its debts with as minimum hassle as possible to get back some of the trust their customers had put in them.

Hacking is always an unfortunate incident, and although poor security and negligence are to blame most of the time, sometimes there’s little that can be done but damage control.

The Craig Wright Theory

Hand putting virtual golden coins into wallet, holding bitcoin. Blue screen with chart on the background. Crypto-currency concept
The wallet is said to contain 111,114.615 BTC, which is roughly $800 million in fiat currency.

The final theory about who the wallet belongs to revolves around Craig Wright—the man claiming to be the notorious founder of Bitcoin, Satoshi Nakamoto—and lawsuit that was filed against him in February this year.

Wright is accused of defrauding the estate of Dave Kleiman of $5,188,266,427.50 in Bitcoin as well as intellectual property rights.

This theory is backed by an IP agreement made in 2011 which lists a Bitcoin wallet address that corresponds to the wallet containing over 100,000 Bitcoins.

It could be that Mr. Wright is responsible for the new activity in the account as he is known as one of the biggest holders of Bitcoin to date.

The wallet could belong to any one of the three parties mentioned above, but it could also belong to any one of the numerous big fish playing the crypto game.

Whether the predicted sell-off is imminent is a matter of waiting and seeing because, at this point, only time will tell.

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