Accused Silk Road operator convicted on U.S. drug charges
The suspected operator of the underground website Silk Road was convicted on Wednesday on narcotics and other criminal charges for his role in orchestrating a scheme that enabled around $200 million (131.49 million pounds) of anonymous online drug sales using bitcoins. Ross Ulbricht, 30, was convicted on all seven counts he faced by a federal jury in Manhattan, following a closely-watched trial that spilled out of U.S. investigations into the use of the digital currency bitcoin for drug traffick
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