Ross Ulbricht news

Ross William Ulbricht (born March 27, 1984) is an American former drug trafficker and darknet market operator, best known for creating and running the Silk Road website from 2011 until his arrest in 2013. He was known under the pseudonym "Dread Pirate Roberts".

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Petition for Clemency for Silk Road Founder Ross Ulbricht Nears 200k Signatures

Silk Road founder Ross Ulbricht has spent six years in prison and has 34 years and two life sentences to go unless a petition spearheaded by his mother and sister lead to a grant of clemency. 195K Signatures and Counting For Ulbricht A petition seeking clemency for Silk Road founder Ross Ulbricht is quickly approaching 200,000 signatures. Ulbricht is currently serving a 40-year sentence on top of a double life sentence for his role as the leader of the defunct black market website. Ulbricht is only six years into his sentence and his mother Lyn Ulbricht recently attended a blockchain conference in Toronto to advocate for her son. Ms. Ulbricht is hopeful that if she collects enough signatures President Donald Trump will grant her son clemency. The online petition currently has more than 195,000 signatures, including those of Litecoin creator Charlie Lee, Roger Ver and billionaire Bitcoin bull, Tim Draper. A number of politicians and movie stars have also expressed their support for Ross Ulbricht.  According to Ms. Ulbricht, Ross is a good person, an idealist, and a libertarian. She said:  I didn’t think of him as someone who was interested in technology persay, but he was interested in Bitcoin because he was a freedom guy. He worked on the Ron Paul [Presidential] campaign. He was very interested in Bitcoin as a means to monetary freedom for people.  The Audacity of Hope Both Ms. Ulbricht and Ross’s sister Cally are placing their hopes in the Change.org petition, and nothing would make them happier than to have Ross home for his 36th birthday. Ross also appears to be wishing for the same outcome and a recent tweet of a handwritten note expresses his desire to “turn 36 in freedom”.  President Trump Can Save the Day It’s hard to calculate the possibility of Ulbricht attaining freedom in the near future. Fortunately, President Donald Trump has proven to be dedicated to prison reform and a number of convicted criminals have seen their sentences commuted or have received pardons from the President. Convincing Donald Trump to grant Ulbricht clemency could be the last stop as the U.S. Supreme Court chose not to hear Ulbricht’s case for appeal in June 2018.   Placing all of one’s hope in President Trump could lead to disappointment however, because the President previously has tweeted his disdain for cryptocurrencies.    Trump is clearly not a fan of cryptocurrencies and aligns their use with criminal activity.  Regardless of the outcome, Lyn Ulbricht hopes that blockchain and cryptocurrency investors at least recognize that her son’s early involvement in the sector served as a catalyst for bringing Bitcoin and its underlying blockchain technology into the public sphere. Ms. Ulbricht said:  …if it weren’t for Ross and his vision, very few people would have heard of Bitcoin and many of the people would have heard of Bitcoin and many of the people who have become wealthy would not be wealthy if not for Ross. I’m asking them please don’t forget him. He helped make this possible and now we need your help.” Do you think the Ulbricht’s will collect enough signatures to bring the issue of Ross’s freedom before President Trump ? Share your thoughts in the comments below!  Images from Shutterstock: @realDonaldTrump, @RealRossU   The post Petition for Clemency for Silk Road Founder Ross Ulbricht Nears 200k Signatures appeared first on Bitcoinist.com.
Bitcoinist

Who deserves this? Ross Ulbricht questions U.S. government’s intent toward privacy and freedom

Ross Ulbricht is best known for being one of the rare individuals to serve two life sentences without parole for creating and operating darknet website, Silk Road. Ulbricht shared a hand-written article named ‘Who Deserves This?’ from the other side of his cage, as an urge to the general public to fight for his freedom. While the […] The post Who deserves this? Ross Ulbricht questions U.S. government’s intent toward privacy and freedom appeared first on AMBCrypto.
AMBCrypto

Ross Ulbricht Letter Questions the Wisdom of Imprisoning Non-Violent Offenders

Forced to spend the rest of his days in a cage, Ross Ulbricht has recounted his situation in a letter, which explains how he’s spent more than 2,096 days in a U.S. federal penitentiary for running a website. Also Read: Bitcoin ‘Inventor’ Craig Wright Claims He Can’t Access Coins in Court Testimony Ross Ulbricht Reflects on 2,000 Days Behind Bars The letter from Ulbricht shows the world how skewed the justice system is when a cage is literally the answer to ‘correcting’ people’s behavior. The drug war has raged on for decades, leaving tens of thousands behind bars for victimless crimes. Ross Ulbricht was sentenced to a double life sentence without the chance of parole after he was arrested for his role with the Silk Road marketplace. The platform allowed consenting adults to purchase narcotics anonymously. Ulbricht says he’s been condemned to die in prison. He’s got lots of time on his hands and it’s given him time to ponder and ask questions. “I was put in handcuffs for the first time when I was 29 years old. I was labeled a prisoner that day and have since spent 2,096 days and nights in the captivity of the U.S. federal government,” Ulbricht wrote. He added: I’m still in prison, condemned to die here with a life sentence and no parole. Prison is nothing if not boring, so I’ve had many hours to think about all sorts of things, including who, if anyone, really belongs here. ‘Crippling a Peaceful Individual’ Ulbricht was sentenced at 1:00 p.m. EST at the Daniel Patrick Moynihan Courthouse in New York City on May 29, 2015. He was found guilty on seven felony counts based on being the creator of the anonymous online marketplace Silk Road and the charges were all non-violent. At the time, many cryptocurrency supporters were outraged and felt the double life sentence he received was draconian. Cryptocurrency enthusiast and music artist Tatiana Moroz, explained at the time that the sentencing of Ross Ulbricht was disgusting and further added that the “war on drugs has been an abysmal failure.” “It hasn’t stopped drug use and it has only exacerbated the problem,” Moroz emphasized. “It wastes billions in taxpayer money — It’s impossible to calculate the cost of the lives destroyed in the streets.” Julia Tourianski, founder of Brave the World, was also horrified and said: This is not the first time we have seen the assumed power structures cripple a peaceful individual to his knees, an individual forced to plead with the same entity that severed him from a society he wished to and did, improve. And it will not be the last. Ross Ulbricht with his father. In Ulbricht’s recent letter he notes that “forcing someone to spend years or decades continuously like this, waking up to [a cage] every single morning, is cruel.” Ulbricht says his imprisonment is akin to the worst torture like burning or flogging. “If the victims themselves would prefer this torture to imprisonment, the inescapable conclusion is that prison is worse, even more cruel. I, and every prisoner I have asked, would prefer any amount of pain and cruelty, for a limited duration, to the years and decades we’re forced to spend here — spirits crushed, hope abandoned, relegated to irrelevance.” Ulbricht’s letter on June 27 adds: No one deserves this, even if they have to be here for the sake of others’ safety. Certainly, the many non-violent drug offenders growing old in here don’t. Pain does not heal pain. A lost soul is not redeemed in a cage. Ross and his family believe some of the worst things about his case were the corrupt investigation and trial, manipulated by two rogue officers, and the grotesque disparity between Ulbricht’s double life sentence and other Silk Road defendants who haven’t received more than 10 years in prison for their crimes. Some of those men were the biggest heroin dealers on Silk Road, and the Silk Road 2 admin was accused of allowing child pornography. 180,000 Have Signed Ross Ulbricht’s Clemency Petition Ulbricht’s note to the public says that vengeance and cruelty shouldn’t be “honored and institutionalized.” He believes that imprisonment of this nature “hurt all parties” and emphasized that “humanity is hurting.” “We can do better — We have the potential to rise above this darkness, to be proud of how humanely we treat prisoners and how few we need to brand with that label,” Ulbricht wrote. “Instead we hand out years, decades and lifetimes of imprisonment to virtually every person the government targets — We keep building cells like the one I’m writing this from. Prisoners are not inventory. We are not numbers or statistics. We are human beings, and we don’t deserve this.” Ulbricht’s petition on Change.org has more than 180,000 signatures to date. If you haven’t signed, you can follow this link here. The letter should make anyone question whether sending Ulbricht to a cage for the rest of his life is humane, especially given the victimless nature of his crime. Unfortunately, the world is filled with prisons occupied by millions of people because bureaucrats disagree with the use of certain plants and substances. At the end of Ulbricht’s letter, he says if people haven’t signed his clemency petition yet, they should do so and share it with their friends. Change.org is hosting a petition for Ulbricht’s clemency and so far 180,164 individuals have signed. The petition asks U.S. President Donald Trump to pardon Ross Ulbricht because there is a growing consensus that Ross’s case is a miscarriage of justice. “My son, Ross Ulbricht, is a first-time offender serving a double life sentence without parole, plus 40 years, for a website he made when he was 26 years old and passionate about free markets and privacy,” Lyn Ulbricht, Ross’s mother, explains on the petition’s notes. Lyn Ulbricht’s appeal to Trump concludes: Ross ― an Eagle Scout, scientist, and peaceful entrepreneur had all non-violent charges at trial. He was never prosecuted for causing harm or bodily injury and no victim was named at trial ― This is a sentence that shocks the conscience. If you are interested in reading Ulbricht’s recent letter to the public in its entirety, it can be found here. What do you think about Ross Ulbricht spending his life in prison for operating a website? Let us know what you think about this subject in the comments section below. Image credits: Shutterstock, Change.org, Pixabay, and Twitter @RealRossU. Are you feeling lucky? Visit our official Bitcoin casino where you can play BCH slots, BCH poker, and many more BCH games. Every game has a progressive Bitcoin Cash jackpot to be won! The post Ross Ulbricht Letter Questions the Wisdom of Imprisoning Non-Violent Offenders appeared first on Bitcoin News.
Bitcoin News

Crypto community seeks support from Presidential candidate Yang to ‘free Ross Ulbricht’

Ross Ulbricht, the mastermind of the first darknet market site, Silk Road, is currently serving prison time in the United States Penitentiary. Ulbricht is a first-time offender and is serving two life imprisonments plus 40 years sentence without the possibility of parole for the creation of Silk Road. Ulbricht aka Dread Pirate Roberts has gained […] The post Crypto community seeks support from Presidential candidate Yang to ‘free Ross Ulbricht’ appeared first on AMBCrypto.
AMBCrypto

Free Ross Ulbricht Picks Up New Supporter in Peter McCormack as Podcaster Joins the Movement

Anonymity is one of the most significant advantages of digital currencies. However, criminals have been capitalizing on this feature of cryptocurrencies to facilitate their unlawful activities. In fact, many people questioned the usefulness of Bitcoin after it emerged that criminals were using to fund illegal; operations. The infamous Silk Road was the first online marketplace […]
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TriveAcademy Awarded the Bloconomic Excellence Award at the Bloconomic Expo 2019

TriveAcademy, a player in building the blockchain technology infrastructure which also conducts training classes and consultation processes was awarded for the “Bloconomic Excellence Award – Best Blockchain Technology Developer Award” at the  Bloconomic Expo 2019. The Bloconomic Expo 2019 is organized by the Malaysian Blockchain Association and Alphacap Sdn. Bhd. As a sponsor partner for Bloconomic event, TriveAcademy has presented their latest technology and applications of Trivechain 2.0 to the public at the expo. Trivechain just launched TRVC App which all the speakers’ and volunteers’ certificates is been blockchain in their TRVC app. After a successful fork on April 22, 2019, the new version of Trivechain 2.0 has been successfully forked, deployed and is running steadily. Trivechain 2.0 has include major changes such as adjustments to their Proof-of-Work algorithm from X11 to X16R and Proof-of-Stake collateral from 1,000 TRVC to 10,000 TRVC. The mining hash rate and the number of masternode needs to catch up slowly and be supported by a new community. The hash power and number of masternodes is increasing gradually every day indicating a significant increase from the date it was forked. In an interview with Tan, he said that “Trivechain 2.0, as a blockchain platform, will create a highly compatible community to attract developers and entrepreneurs around the world to become part of the Trivechain community. This community along with a number of open source products will offer and create a more conducive ecosystem for developers. This allows the chain to provide the most favorable conditions for its users to develop its application.” Trivechain 2.0 is offering another alternative open source platform for developers to develop their new blockchain base business ventures. The platform is ready for deployment and for those who are interested to catch new mining trend. Come and join the Trivechain community! You are invited to apply for the development fund through the DAO governance system to build a friendly and efficient development ecosystem in the blockchain environment. Visit the official website at www.trivechain.com for more details. About Trivechain (TRVC): Trivechain (TRVC) is a games and entertainment public blockchain protocol managed by Decentralized autonomous organization (DAO) which focuses on games and entertainment to enter the new era digital age with implementation of blockchain-based technology and DApps (decentralized applications). Facebook: https://www.facebook.com/trivechainMedium: https://medium.com/trivechainTwitter: https://twitter.com/trivechain_trvcReddit: https://www.reddit.com/user/TRVC-2Telegram: t.me/trivechain The post TriveAcademy Awarded the Bloconomic Excellence Award at the Bloconomic Expo 2019 appeared first on Bitcoin Garden.
Bitcoin Garden

Wanchain, Civic, Aion and Tael Top All Cryptos; Coins in Aggregate Up 3.13% Overall, 34 Coins Cross Key Moving Average

The Big Winners From Yesterday Over the past day, the top performing coin out of the 133 coins we are tracking was Wanchain, which offered a day-over-day return 90.53%. Rounding out the top four currencies for the day were Civic, Aion, and Tael, which provided holders with returns of 27.02%, 26.53%, and 22.7% for the day. These moves were quite significant, in the sense that they were well outside of the volatility each of the respective coins had seen for the past two weeks. Crypto brokers to trade the currencies mentioned here: Gate, Yobit, Stex, Binance, DDEX, ETHfinex The Crypto Big Picture Overall, the average change in coin price for the coins we’re tracking was up 3.1253%. On a more granular level, 65% of the coins we’re tracking were up while 35% of the coins were down. Below we can see the average daily change for the coins we are tracking our index over time. 34 coins are especially close to their 20 day moving average, and thus may be worth watching for technical traders who view the 20 day moving average as a key support/resistance level. Crypto brokers to trade the currencies mentioned here: Gate, Yobit, Stex, Binance, DDEX, ETHfinex Currencies With Significant Price Moves Here’s a list of the specific coins that crossed their key moving average level: Status, district0x, Loopring, 0x, SingularDTV, SONM, IOTA, Verge, AirSwap, Request, Viberate, Power Ledger, Ripio Credit Network, Agrello, BlockMason Credit Protocol, Aeron, Genesis Vision, Po.et, Tierion, Tael, Time New Bank, Waves, OST, NavCoin, Lunyr, AppCoins, VIBE, Nucleus Vision, POA Network, Groestlcoin, Skycoin, Civic, Streamr DATAcoin, Dock. Also of note is that 66 of the 133 we track have contracting volatility. Volatility contraction often precedes a breakout, so this may be something to watch. Below is a chart that zooms in a bit more, showing 4 coins trading below their 20 day moving average and exhibiting contracting volatility. Are these coins ready for a rally? Crypto brokers to trade the currencies mentioned here: Gate, Yobit, Stex, Binance, DDEX, ETHfinex Article by SixJupiter The post Wanchain, Civic, Aion and Tael Top All Cryptos; Coins in Aggregate Up 3.13% Overall, 34 Coins Cross Key Moving Average appeared first on DecentralPost.
DecentralPost

Futures trading platform Digitex prepares for public testnet, announces release date

Digitex, a trading platform for crypto futures contracts, announced today that it will be launching its public testnet on Nov. 30, 2019. The exchange plans to open their market starting with BTC/USD perpetual swap contracts. According to the exchange website, contracts for additional coins will be added based on user demand. For market makers and takers, Digitex won’t charge for any transactions. The project plans to cover all operational costs by creating value/demand around the Digitex Futures (DGTX) token. It will do this by minting a small number of tokens each year. The exchange will launch as a centralized exchange first but will continue to work on providing users with non-custodial (decentralized) accounts. This will allow users to have 100% ownership of their funds at all times while still able to make real-time trades and lightning speed. You know that Adam has been busy behind the scenes preparing to launch the game-changing, robust & rapid-fire #DigitexFutures #Exchange. But, our marketing efforts have been ramping up too & we’re pleased to announce that our community is growing globally! https://t.co/O8Ll6n9ot4 — Digitex (@DigitexFutures) August 21, 2019 Trading On The Testnet SmartDec, the development firm working with Digitex, is developing and vigorously testing the platform, preparing it for production. On the testnet, the firm says the exchange will be able to handle over 10,000 users trading concurrently and up to 50,000 transactions per second. A date has not been set for the Digitex platform’s mainnet launch yet, but the project team has said that testnet trading is anticipated to last for two months. After the testnet stage wraps up, Digitex plans to launch on the Ethereum mainnet. At that time, users can trade futures contracts in real-time using DGTX tokens. 2019: The Year of Crypto Futures Trading As it stands, 2019 is shaping up to be an important year for emerging futures trading platforms in crypto. The launch of Bakkt, another highly-anticipated trading platform, is scheduled for Sept. 23, 2019. Bakkt has garnered a lot of media attention thanks to the establishment of major partnerships and its focus on support for institutional investors. Digitex is aiming to appeal to a broader range of users and traders. According to the Digitex homepage, the platform has over 1.54 million signups on its waitlist. The post Futures trading platform Digitex prepares for public testnet, announces release date appeared first on CryptoSlate.
Cryptoslate

Blockchain.com integrates BitPay into its wallet

Blockchain, a cryptocurrency wallet and trading platform, has partnered with cryptocurrency payments processor, BitPay. According to a blog post by Blockchain, the firm has integrated BitPay into the Blockchain Wallet so users "can pay for products and services from an extensive network of merchants without ever giving up control of your private keys."  Blockchain is one of the largest cryptocurrency wallet providers in the world with approximately 41 million users to date. The firm recently announced the launch of a cryptocurrency exchange focused with a focus on fast trade execution.
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