Ross Ulbricht

Ross William Ulbricht is an American best known for creating and operating the darknet market website Silk Road. He was sentenced to a double life sentence plus forty years without the possibility of parole. He is currently incarcerated at the United States Penitentiary in Tucson. Silk Road used Tor for anonymity and bitcoin as a currency.

About Ross Ulbricht in brief

Summary Ross UlbrichtRoss William Ulbricht is an American best known for creating and operating the darknet market website Silk Road from 2011 until his arrest in 2013. He was sentenced to a double life sentence plus forty years without the possibility of parole. He is currently incarcerated at the United States Penitentiary in Tucson. Silk Road used Tor for anonymity and bitcoin as a currency. His online pseudonym was \”Dread Pirate Roberts\” after the fictional character in the novel The Princess Bride and its film adaptation. In February 2015, Ulbrich was convicted of money laundering, computer hacking, conspiracy to traffic fraudulent identity documents, and conspiracy to Traffic narcotics by means of the internet. His appeals to the U.S. Court of Appeals for the Second Circuit in 2017 and the U of S Supreme Court in 2018 were unsuccessful. Ulbrachts was a Boy Scout, attaining the rank of Eagle Scout. He attended the University of Texas at Dallas on a full academic scholarship, and graduated in 2006 with a bachelor’s degree in physics.

He then attended Pennsylvania State University, where he was in a master’s degree program in materials science and engineering and studied crystallography. He eventually partnered with his friend Donny Palmertree to help build an online used book seller, Good Wagon Books. He later moved to San Francisco prior to his arrest. He also sporadically kept a diary during the operating history of Silk Road; in his first entry he outlined his situation prior to launch, and predicted he would make 2011 \”a year of prosperity\” through his ventures. He attributed his inspiration for creating the Silk Road marketplace as \”Alongside Night and the works of Samuel Edward Konkin III\” Ulbracht began to work on developing his online marketplace in 2010 as a side project to Good W wagon Books.