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Silk Road trial needs more evidence for Mt. Gox connection

Joab Jackson | Jan. 21, 2015
Any backdoor connection that the Silk Road online market might have had with Mark Karpeles, the founder of the failed Mt. Gox Bitcoin exchange, will have to be disregarded unless defense attorneys present stronger evidence, the judge in the U.S. federal trial against Russ Ulbricht said Tuesday.

Texas resident Ulbricht was indicted last February, after being arrested in October 2013 in California. At the time of his arrest, Ulbricht was charged with narcotics conspiracy, engaging in a continuing criminal enterprise, conspiracy to commit computer hacking, and money laundering. Both the charges of narcotics and engaging in a criminal enterprise have maximum penalties of lifetime imprisonment.

 

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