Friday, 17 October 2014

Ross Ulbricht Trial Delayed Until 2015 - From The CoinFront

Ross Ulbricht, alleged creator and operator of Silk Road, will have to wait in prison a while longer for his court date.


His defense originally sought to delay the beginning of his trial, which was slated to begin on November 10th. And that request has seemingly been granted, as the trial has been adjourned until next year.


The delay is a result of scheduling issues which Ulbricht’s defense needed to resolve in order to move forward, including jury availability. Considering the fact that the trial would likely run into the Christmas holidays, it makes sense.


This is one of the first victories (albeit minor) Ulbricht has won during the trial. He attempted to dismiss the charges brougpt against him, citing a then-recent IRS ruling which claimed that Bitcoin was property, not currency, and therefore he could not be charged with money laundering. This bid, however, failed.


His second bid to drop the charges against him are a result of cliams the FBI violated his 4th amendment rights while gathering the evidence against Silk Road. Under US law, if law enforcement violates the 4th amendment during their investigations, all charges must be dropped. The FBI, however, is not taking this lightly and has mounted a defense against this claim.


Ulbricht’s trial will begin late January 2015.



Ross Ulbricht Trial Delayed Until 2015

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