In May 2015, the creator of the notorious darknet market Silk Road, Ross Ulbricht, was sentenced to life. Now another one of the founders, Gary Davis, will return to his homeland and appear before a US court.
Silk Road has been dormant for nearly five years after Ross Ulbricht, who founded the dark web site, was arrested and sentenced to life in prison without parole. Now US courts have secured the extradition of Gary Davis from an Irish prison
One of the founders of the darknet market Silk Road, Gary Davis, is accused of conspiracy to distribute drugs.
Davis was indicted in 2013 by U.S. prosecutors for his ties to Silk Road, an online marketplace that investigators linked to more than $1.2 billion in fraudulent transactions.
Gary faces trial on charges including conspiracy to distribute narcotics, conspiracy to commit computer hacking and conspiracy to commit money laundering. US authorities say Davis was the administrator of the Silk Road website using the alias "Libertas" between June 2013 and October 2013. The website is believed to have facilitated the sale of illegal drugs, including cocaine, and hacking software, and the accused oversaw these sales on the website.
Gary Davis fought to be extradited, but Ireland's highest court unanimously ruled to dismiss his appeal, giving lawyers 48 hours to challenge the decision. Significantly, the defendant's lawyer has said he will not appeal to the European Court of Human Rights and is prepared to be sent home.
Lana Doherty, Davis' defense attorney, said her client will not fight the Irish Supreme Court's decision to extradite him to the United States, where he faces a possible life sentence if convicted.
A spokesman for the U.S. attorney's office in Manhattan, where he was Silk Road administrator accused, declined to comment.
You May Also Like
So will he grow up or not? - Interview with Wall Street veteran Max Keyser
Bitcoinist spoke with the one and only Max Keizer, a Wall Street veteran and host of Keiser Reports, who explained why he believes Bitcoin can reach $100,000 per coin.
Snowden supports cryptocurrencies, but criticizes their algorithms
In his interview with Ben Wiesner of the ACLU Project, Edward Snowden several times emphasized the vital need for cryptocurrency to have people believe in its value. Fiat currencies are essentially not worth their face value. The government that issues the currency acts as the guarantor of its face value.
