Share this article

Silk Road Operator Ross Ulbricht to Be Sentenced Tomorrow

Convicted Silk Road operator Ross Ulbricht faces decades, if not life, in prison at a sentencing hearing tomorrow in New York.

Updated Feb 9, 2023, 1:24 p.m. Published May 28, 2015, 9:36 p.m.
ross ulbricht, silk road

Convicted Silk Road operator Ross Ulbricht faces life in prison at a sentencing hearing tomorrow in New York.

The end of the trial comes more than a year and a half after Ulbricht's legal battle with the US government first began. Ulbricht was found guilty in February of narcotics, computer hacking and conspiracy charges in connection with his operation of the Silk Road black market.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

As reported by Wired, prosecutors asked the court earlier this week that Ulbricht be given "a lengthy sentence" to dissuade other would-be dark market operators.

“The court thus has an opportunity to send a clear message to anyone tempted to follow his example that the operation of these illegal enterprises comes with severe consequences," the letter read.

In a separate letter addressed to US District Judge Katherine Forrest, Ulbricht asked to be spared from life in prison, acknowledging the severity of his actions but seeking a degree of leniency.

"I've had my youth, and I know you must take away my middle years, but please leave me my old age," he wrote. "Please leave a small light at the end of the tunnel, an excuse to stay healthy, an excuse to dream of better days and a chance to redeem myself in the free world before I meet my maker."

Ulbricht's sentencing hearing is scheduled to take place at 18:00 UTC.

For a complete look at the case history, view our timeline of the Ross Ulbricht legal case below.

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Bitcoin Faces Japan Rate Hike: Debunking The Yen Carry Trade Unwind Alarms, Real Risk Elsewhere

japan, flag. (DavidRockDesign/Pixabay/Modified by CoinDesk)

Speculators maintain net bullish positions in the yen, limiting scope for sudden JPY strength and mass carry unwind.

What to know:

  • Impending BOJ rate hike largely priced in; Japanese bond yields near multi-decade highs.
  • Speculators maintain net bullish positions in the yen, limiting scope for sudden yen strength.
  • BOJ tightening may contribute to sustained upward pressure on global yields, impacting risk sentiment.