Ross Ulbricht, who was arrested last year, could face a minimum of 20 years in prison.
For being involved with the Silk Road, Ulbricht is going up against a ‘kingpin’ charge, which carries a minimum sentence of 20 years in jail.
According to the prosecutor’s indictment, Ulbricht was “in concert with at least five other persons with respect to whom Ulbricht occupied a position of organizer, a supervisor position, and a position of management, and from [whose] continuing series of violations Ulbricht obtained substantial income and resources.”
He has also been charged with narcotics conspiracy, which is another ten years, bringing the minimum up to 30, and it’s also worth noting that both charges have a maximum sentence of life in prison.
According to Ulbricht’s lawyer, Joshua Dratel, he is planning on fighting the charges.
“Ross will be pleading not guilty at the arraignment,” Dratel said. “The Indictment was expected and does not contain any new factual allegations. We look forward to beginning the discovery process and preparing Ross’s defense.”
Ulbricht was arrested last year for his participation in operating the Silk Road, which is an online black market where drugs, weapons, and other illegal goods can be procured. It is only accessibly through a .Tor browser and uses Bitcoin as its currency.
[via TechCrunch, Forbes, Vice]