Posted 10/2/2023, 10:47:40 AM

10 Years Later, Silk Road Founder Ross Ulbricht Still Serving Double Life Sentence Amid Clemency Calls

Silk Road founder Ross Ulbricht marked 10 years in prison after being given double life sentence in 2013 for running the dark web marketplace.
Silk Road facilitated over $1B in illegal sales before being seized by FBI in 2013. Ulbricht convicted in 2015.
Ulbricht continues to have support calling for clemency, with 250+ orgs and 500k people backing the cause.
Some argue Ulbricht's punishment was unjust compared to others involved with Silk Road who got lighter sentences.
Debates continue around the illegal activities enabled by Silk Road, and whether Ulbricht deserves his harsh sentence.

cointelegraph.com

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10/18/2023

Luxury-Loving Bitcoin Thief Jimmy Zhong Gets 1 Year for Silk Road Heist

According to CNBC, Jimmy Zhong, who was arrested last year for stealing over 50,000 bitcoins from the Silk Road marketplace, was sentenced to a year and a day in federal prison and forfeited his bitcoin, resulting in a $3 billion profit for the government.