NEW YORK—A jury on Wednesday convicted Ross Ulbricht on federal charges accusing him of being the mastermind behind the online drug bazaar Silk Road, where hundreds of millions of dollars in illegal goods were traded before law enforcement shuttered the site in late 2013.
The jury of twelve reached its guilty verdicts on all seven counts after deliberating less than four hours. Ulbricht faces up to life in prison. He’ll be sentenced at a separate proceeding in a few months.
The seven charges include three drug counts: distributing or aiding and abetting the distribution of narcotics, distributing narcotics or aiding and abetting distribution over the Internet, and conspiracy to violate narcotics laws. He was also convicted on a fourth count of conspiracy to run a “continuing criminal enterprise,” which involves supervising at least five other people in an organization. in addition, he was convicted on conspiracy charges for computer hacking, distributing false identification, and money laundering.
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