silk road founder life in prison

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Blackjack200

Lifer
May 28, 2007
15,995
1,686
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Yeah, next time actually read things in context and perhaps you won't make such a fool of yourself.
The comment wasn't made about this case in particular, but rather the asinine assertion that someone would rather vote "not guilty" on any federal charge except murder because the penalties might be too 'harsh'.

He said MOST, ass. This was a victimless crime, unless you consider the state a victim since they lost out on a lot of asset seizure as a result of this.

Did you look up the word "launder" yet? Maybe you should learn what words mean before you use them instead of pretending to be smart on the internet.
 
Feb 4, 2009
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I'm still having trouble understanding what silk road was about. I also am still having trouble understanding how banks can collude to rig markets and nobody was in charge or responsible.
 

dank69

Lifer
Oct 6, 2009
36,039
30,321
136
I'm still having trouble understanding what silk road was about. I also am still having trouble understanding how banks can collude to rig markets and nobody was in charge or responsible.
Silk Road was just a website that required TOR to access where you could buy and sell illicit items for Bitcoins.
 

mindmajick

Senior member
Apr 24, 2015
226
0
16
He said MOST, ass. This was a victimless crime, unless you consider the state a victim since they lost out on a lot of asset seizure as a result of this.

Did you look up the word "launder" yet? Maybe you should learn what words mean before you use them instead of pretending to be smart on the internet.
But... But.. the media had been using that word so much in regards to this case!

 

senseamp

Lifer
Feb 5, 2006
35,787
6,197
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Jobs and Wozniak started out selling something called "Blue Box" designed to hack the phone network to make free phone calls. This idiot judge would have put them in jail for life too, and there would be no Apple or smartphone revolution.

Obligatory picture of the judge, Katherine B. Forrest, for public shaming:
forrest_katherine_b_91270433.jpg
 

MrPickins

Diamond Member
May 24, 2003
9,068
700
126
Having a really hard time feeling sorry for the guy. He founded and ran a multi-million dollar criminal enterprise.

The war on drugs is complete bullshit, but he should have listened the old saying "don't do the crime if you can't do the time."
 

PottedMeat

Lifer
Apr 17, 2002
12,363
475
126
this shit is crazy -

feds catch silk road employee with drugs in home
secret service agent uses employee login to steal bitcoins
ulbricht thinks someone is stealing from him, tries to hire killer
hired killer is DEA agent, fakes employee's death
DEA agent tries to extort ulbricht, fails - resorts to selling info about his own investigation

the interviewer was like 'wait, wat?' lol

http://www.npr.org/2015/05/29/410601330/silk-road-founder-sentenced-to-life-in-prison
 

Londo_Jowo

Lifer
Jan 31, 2010
17,303
158
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londojowo.hypermart.net
Obligatory picture of the judge, Katherine B. Forrest, for public shaming:

Hmmm should the person who appointed her be shamed too? Maybe the person who recommended her should be shamed as well.

http://en.wikipedia.org/wiki/Katherine_B._Forrest

Appointed by Barack Obama

On May 4, 2011, President Barack Obama nominated Forrest to fill a judicial seat on the United States District Court for the Southern District of New York that had been vacated by Judge Jed S. Rakoff, who took senior status at the end of 2010. Forrest was nominated by Obama to the bench in May 2011 on the recommendation of U.S. Senator Charles Schumer of New York
 

master_shake_

Diamond Member
May 22, 2012
6,425
291
121
There's plenty of shame to go around, maybe you should be included as you more than likely voted for the person that appointed her.

fellas please.

there is no reason to fight.

no matter who you voted in they would fuck it all up anyway.

don't think for one second one is better than the other.
 

senseamp

Lifer
Feb 5, 2006
35,787
6,197
126
Silk Road was like an ebay for illegal products and services.
Bitcoin and Silk Road replaced cash and street corner for anonymous transactions.
Not necessarily a bad thing. I grew up in a city living not too far from a street used by hookers to do their business. There was a lot of criminal activity on it. But with advent of Craigslist, it's all gone. Property values are up, the street is safer, it's nice to walk on. It's all good in the hood, so to speak.
If people are buying drugs online, drug dealers aren't going to be standing on the street corners, and a lot of the street criminality and turf war gang violence related to drug dealing will largely disappear.
Will more people use drugs if it's made more convenient.? Maybe. But it won't be as big of a problem for those who aren't using them.
 

Slew Foot

Lifer
Sep 22, 2005
12,379
96
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I'm still having trouble understanding what silk road was about. I also am still having trouble understanding how banks can collude to rig markets and nobody was in charge or responsible.


You seriously asking why the people who have bought and paid for the government arent being tossed in jail by the same said government?
 

MagickMan

Diamond Member
Aug 11, 2008
7,460
3
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He said MOST, ass. This was a victimless crime, unless you consider the state a victim since they lost out on a lot of asset seizure as a result of this.

Did you look up the word "launder" yet? Maybe you should learn what words mean before you use them instead of pretending to be smart on the internet.

He knowingly, and cheerfully, ran a site where contract murders were sold. He's a direct accomplice to any and all killings negotiated through Silkroad. That's racketeering.
 

CZroe

Lifer
Jun 24, 2001
24,195
857
126
The Silk Road folks were involved in handling a couple hundred million dollars that was used to buy illegal drugs etc. But, you're quite right that our banks have been involved in far greater deals totaling many billions and indeed trillions. The bankers won't go to jail because they contribute money to both parties.

When you add up the entire economic impact of street crime (burglaries, holdups, car jackings etc) it works out to about $18B per year and that's a lot. OTH, one man, Bernie Madoff, had a ponzi scam that totaled $65B -- one fucking man equals more than 3 years of all the street crime. While Bernie was eventually caught and imprisoned most of the bankers that were involved in the shenanigans that resulted in the banking crisis in 2008 and cost us trillions have gone unpunished.
That's because it was more the politicians than the bankers. Barney Frank and John McCain were going back and forth about it for years. Bleeding-heart politicians encouraged the bankers to give risky loans, denied the coming crisis, and continued pushing for more easy money. Even the politicians who warned about it ultimately laid back and let it happen because they didn't want to be the ones blamed for a jobless single mom not getting that home loan.

Why did the banks go along with it and bend to the wishes of politicians who only care about votes? Because the government would be responsible for bailing it out if they were responsible for making them operate in such a risky way in the first place. It was a promise. That's why they still got their golden parachutes. "If I'm going to do this against my wishes and it all comes crashing down, it's your fault and I will not be dragged down with you." Of course, the politicians ultimately turned on them and blamed them anyway, pointing to their bonuses to turn the public against them and distract from who is truly to blame.
 

Jhhnn

IN MEMORIAM
Nov 11, 1999
62,365
14,681
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I think 20 years would have been entirely sufficient.

What we're seeing is the last desperate defense of the WoD in its current form & just another exercise in the excessive sentencing that's been a part of it for decades.

Once apprehended, it was clear to anybody with a lick of sense that Ulbricht would receive maximum reamage.
 

Rakehellion

Lifer
Jan 15, 2013
12,181
35
91
I know this isn't ever going to happen, but the judge admitting that they're using the sentence to send a message/make an example should be grounds for a mistrial. That's a blatant violation of individual rights.

Well, no. The judge didn't do anything illegal.