Ross Ulbricht: Difference between revisions

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|origin = Austin, Texas, United States

|skills = Computer hacking and programming<br>Knowledge of bitcoin

|occupation = Drug dealer<br>Founder and administrator of ''[[Silk Road]]''

|occupation = Engineer (formerly)<br>Drug dealer<br>Founder and administrator of ''[[Silk Road]]''

|type of villain = Drug Dealer

|goals = Continue running Silk Road (failed)

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In February 2015, Ulbricht was convicted of [[money laundering]], computer hacking, conspiracy to traffic fraudulent identity documents, and conspiracy to traffic narcotics by means of the Internet. In May 2015, he was sentenced to a double life sentence plus forty years without the possibility of parole. Ulbricht's appeals to the U.S. Court of Appeals for the Second Circuit in 2017 and the U.S Supreme Court in 2018 were unsuccessful. The prosecution dismissed with prejudice a five-year old unprosecuted indictment in July 2018. He is currently incarcerated at the United States Penitentiary in Tucson.

==Background==

Ross Ulbricht grew up in Austin, Texas. He was a Boy Scout, attaining the rank of Eagle Scout.<ref=https://www.nytimes.com/2014/01/19/business/eagle-scout-idealist-drug-trafficker.html?_r=0></ref> He attended Westlake High School in Austin, graduating from the school's honors program in 2002, taking several AP classes.

Ulbricht attended the University of Texas at Dallas on a full academic scholarship, and graduated in 2006 with a Bachelor of Science in physics.[15] He then attended Pennsylvania State University, where he was in a Master of Science program in materials science and engineering with a Master's thesis on crystallography.<ref=https://www.wired.com/2015/04/silk-road-1/></ref> By the time Ulbricht graduated, he had become interested in libertarian economic theory; he adhered to the political philosophy of Ludwig von Mises, supported Ron Paul in his 2008 election, promoted agorism, and participated in college debates to discuss his economic views.<ref=https://www.wired.com/2015/04/silk-road-1/></ref> Ulbricht graduated from Penn State in 2009 and returned to Austin to work as an engineer, but decided not to pursue it as a full-time job. He tried day trading and started a video game company; both ventures failed. He eventually partnered with his friend Donny Palmertree to help build an online used book seller, Good Wagon Books.<ref=https://www.wired.com/2015/04/silk-road-1/></ref>

==Silk Road==

Ulbricht envisioned Silk Road as a free market experiment with an emphasis on user anonymity. He believed people should have the right to buy and sell whatever they want as long as they did not hurt anyone. Silk Road was designed to use Tor and bitcoin. Tor is a network which implements protocols that encrypt data and routes Internet traffic through intermediary servers that anonymize IP addresses before reaching a final destination. By hosting his market as a Tor site, Ulbricht could conceal its IP address. Bitcoin is a cryptocurrency; while all bitcoin transactions are recorded in a log, the blockchain, users who avoid linking their identities to their online "wallets" can conduct transactions with considerable anonymity.

@@ Line 6: / Line 6: @@
 |origin = Austin, Texas, United States
 |skills = Computer hacking and programming<br>Knowledge of bitcoin
-|occupation = Drug dealer<br>Founder and administrator of ''[[Silk Road]]''
+|occupation = Engineer (formerly)<br>Drug dealer<br>Founder and administrator of ''[[Silk Road]]''
 |type of villain = Drug Dealer
 |goals = Continue running Silk Road (failed)
@@ Line 15: / Line 15: @@
 In February 2015, Ulbricht was convicted of [[money laundering]], computer hacking, conspiracy to traffic fraudulent identity documents, and conspiracy to traffic narcotics by means of the Internet. In May 2015, he was sentenced to a double life sentence plus forty years without the possibility of parole. Ulbricht's appeals to the U.S. Court of Appeals for the Second Circuit in 2017 and the U.S Supreme Court in 2018 were unsuccessful. The prosecution dismissed with prejudice a five-year old unprosecuted indictment in July 2018. He is currently incarcerated at the United States Penitentiary in Tucson.
 ==Background==
+Ross Ulbricht grew up in Austin, Texas. He was a Boy Scout, attaining the rank of Eagle Scout.<ref=https://www.nytimes.com/2014/01/19/business/eagle-scout-idealist-drug-trafficker.html?_r=0></ref> He attended Westlake High School in Austin, graduating from the school's honors program in 2002, taking several AP classes.
+Ulbricht attended the University of Texas at Dallas on a full academic scholarship, and graduated in 2006 with a Bachelor of Science in physics.[15] He then attended Pennsylvania State University, where he was in a Master of Science program in materials science and engineering with a Master's thesis on crystallography.<ref=https://www.wired.com/2015/04/silk-road-1/></ref> By the time Ulbricht graduated, he had become interested in libertarian economic theory; he adhered to the political philosophy of Ludwig von Mises, supported Ron Paul in his 2008 election, promoted agorism, and participated in college debates to discuss his economic views.<ref=https://www.wired.com/2015/04/silk-road-1/></ref> Ulbricht graduated from Penn State in 2009 and returned to Austin to work as an engineer, but decided not to pursue it as a full-time job. He tried day trading and started a video game company; both ventures failed. He eventually partnered with his friend Donny Palmertree to help build an online used book seller, Good Wagon Books.<ref=https://www.wired.com/2015/04/silk-road-1/></ref>
+==Silk Road==
 Ulbricht envisioned Silk Road as a free market experiment with an emphasis on user anonymity. He believed people should have the right to buy and sell whatever they want as long as they did not hurt anyone. Silk Road was designed to use Tor and bitcoin. Tor is a network which implements protocols that encrypt data and routes Internet traffic through intermediary servers that anonymize IP addresses before reaching a final destination. By hosting his market as a Tor site, Ulbricht could conceal its IP address. Bitcoin is a cryptocurrency; while all bitcoin transactions are recorded in a log, the blockchain, users who avoid linking their identities to their online "wallets" can conduct transactions with considerable anonymity.