NEW YORK ¨C The accused mastermind behind the Silk Road underground website was sentenced on Friday to life in prison for orchestrating a scheme that enabled more than $200 million of anonymous online drug sales using the digital currency bitcoin.
Ross Ulbricht, 31, was sentenced by U.S. District Judge Katherine Forrest in Manhattan after a federal jury in February found him guilty of charges including distributing drugs through the Internet and conspiring to commit computer hacking and money laundering.
¡°What you did was unprecedented,¡± Forrest said. ¡°And in breaking that ground as the first person, you sit here as the defendant having to pay the consequences for that.¡±
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