Silk Road Founder to be In Jail For Life

The US Supreme Court rejected a motion to review the life sentencing of Ross Ulbricht, founder of Dark Web market Silk Road
29 June 2018   905

According to the Twitter-channel Free_Ross, the failure to consider the petition creates a precedent for other cases of legal claims from the 'defenders of the right to privacy in the network'. This is reported by CCN.

On January 23, 2018, one of the main experts on the work of the Supreme Court, Tom Goldstein, called the Ulbricht v. United States case one of the most likely candidates to be included in the hearing.

Currently, Ulbricht, who, under the pseudonym Dread Pirate Roberts, ran the Dark Web market that existed in 2011-2013, is serving a double life imprisonment without the right to early release for a number of crimes, including money laundering and illicit trafficking of drugs.

The verdict was made in May 2015, but, according to many observers, was unexpectedly tough: as the judge then stated, he thereby wanted to send a message to other darknet operators. 

For example, Ulbricht was found guilty of ordering a series of murders that had never been committed. In court, it has not been proven that these crimes took place, but this did not affect the judge's determination.

The lawyers of the founder of Silk Road, referring to the Fourth and Sixth Amendments to the US Constitution, consider all of the above to collect information about his Internet traffic without the necessary warrant or a good reason for detention, concealment of key evidence and violation of the right to a fair trial.

The fact that Ross Ulbricht intends to challenge his verdict in the Supreme Court of the United States, became known in December 2017. Earlier, he refused claims to millions of dollars in the bitcoins arrested by the US authorities.

Bitfury to Unveil BTC's Lightning Network Tools

An open-sourced LN wallet, software and hardware payment acceptance solutions, etc
23 January 2019   96

Bitfury Group presented a number of tools designed to foster the development of the Lightning Network (LN), CoinDesk reports.

Among them: an open-sourced LN wallet, software and hardware payment acceptance solutions for merchants and payment processing. The company also introduced tools for developers and an open-source LN node called The Peach.

According to Bitfury representatives, all these tools are designed to make working with a second-level network easier and more convenient for companies and ordinary users. New products created by the Lightning Peach team.

By providing these products to the market, Bitfury is encouraging worldwide adoption of this technology and providing unparalleled support to consumers and merchants.
 

Valery Vavilov

CEO, Bitfury

Among other things, last week Bitfury added support for LN solutions on the BTCBIT cryptocurrency exchange.