The creator and chief operator of the Silk Road has been sentenced to two life sentences in jail for running the online drug marketplace, which federal prosecutors estimated facilitated the sales of more than US$213 million worth of drugs and other unlawful goods between 2011 and 2013.
That two law enforcement agents allegedly stole Bitcoins while investigating the Silk Road underground marketplace indicates fundamental flaws in the government's February conviction of Ross Ulbricht as the mastermind of the operation, Ulbricht's lawyer asserted Wednesday.
Two former U.S. government agents face charges related to stealing hundreds of thousands of dollars worth of bitcoin while assisting with an investigation of the Silk Road underground online marketplace, with one accused of using a fake online persona to extort money from operators of the site.
Qualcomm pays $975 billion fine in China ... HP buys cloud security company ... Now you can set up a drone no-fly zone ... and more news.
Pro tip for any would-be online drug kingpins: Don't post vacation pictures on Facebook.