Former Silk Road admin receives 78-month prison sentence

[midian182]

During its time on the dark web between 2011 and 2013 (there was also a short-lived Silk Road 2.0 after the first site shuttered), Silk Road operated as a platform for buying and selling drugs, weapons, and other illegal goods and services.

Davis, who was known as ‘Libertas’ on the site, was a forum moderator between May and June 2013 before working as a site administrator between June 2013 and October 2, 2013. He received a weekly wage for the latter position, which involved dealing with disputes between vendors and buyers and responding to customer inquiries. He was also an administrator for Slik Road 2.0 during November and December 2013.

Davis was arrested in Ireland in January 2014. He spent years battling against extradition to the US but lost his fight last year, and in October 2018, he pleaded guilty to conspiracy to distribute narcotics. Yesterday, a Manhattan Federal Court sentenced him to 6 and a half years in prison for his crime. Davis was also fined $25,000 and ordered to serve three years of supervised release.

"Davis's arrest, extradition from Ireland, conviction, and prison sentence should send an unmistakable message: the dark web does not cast shadows long enough to protect criminals from the long arm of the law," said Manhattan U.S. Attorney Geoffrey S. Berman.

Back in 2015, Ross Ulbricht, the man charged with creating and running Silk Road, was given a double life sentence plus 40 years without the possibility of parole. An appeal to overturn his life sentence was rejected in 2017, and the Supreme Court declined to hear a further appeal in June last year.

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https://www.techspot.com/news/81160-former-silk-road-admin-receives-78-month-prison.html

 

[VitalyT]

Isn't it easier to say 6 years? I had to run about, looking for calculator.

 

[Skjorn]

I feel like if they just stuck to drugs and didn't allow all the other truly evil **** you don't get a double life sentence. I understand wanting to be truly free to do whatever drug you desire but the allowance of the other "services" is what put him in for life.

 

[yRaz]

I bet he has a boat load of money in a crypto wallet to come back to when he gets out. Worth every day he spends in jail to keep it. He could have well over a million dollars in crypto and it's seemingly is just going to grow from here. He made all his money when Bitcoin was worth less than $10, he could have tens of millions stashed somewhere. Move to a different country and he could live the good life

 

[Kashim]

I bet he has a boat load of money in a crypto wallet to come back to when he gets out. Worth every day he spends in jail to keep it. He could have well over a million dollars in crypto and it's seemingly is just going to grow from here. He made all his money when Bitcoin was worth less than $10, he could have tens of millions stashed somewhere. Move to a different country and he could live the good life

Sounds like you had a wet dream about Bitcoin and now you're trying to project your fantasy onto some random cyber-criminal you happen to be reading about right now.

 

[yRaz]

Sounds like you had a wet dream about Bitcoin and now you're trying to project your fantasy onto some random cyber-criminal you happen to be reading about right now.

I'd say the logical conclusion is that this man made boat loads of money from the silk road and is now hiding it in some way in some type of crypto wallet. All I'm saying is the probability of this man hiding money is very high. After all, he did admit to profiting from internet drug trafficking

 

[captaincranky]

Isn't it easier to say 6 years? I had to run about, looking for calculator.

On a decimal format you round down at 5, and round up at 6. But since with a system based on 12, I think 6 & 1/2 would have been appropriate. Is it fair to say that you "flopped at FLOP"?