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Bitcoin Pioneer Ross Ulbricht Moved To High-Security Prison

 
Bitcoin Pioneer Ross Ulbricht Moved To High-Security Prison
Breaking News / Bitcoin

Ross Ulbricht of Silk Road has been transferred to a new prison. This time, Ulbricht will be in the high-security prison in USP Tucson where he will be locked up alongside fewer gang members and murderers than he was before.

However, this could make it a safer place in comparison to a normal high-security prison due to more sex offender owing to the prison's Sex Offender Management Program. Currently, Ulbricht is in the process of serving a double life sentence as well as another forty years with no chance of parole.

When this process first began, Ulbricht has been through different prisons but the current one had been recommended second by the judge who was in control of the case, Katherine Bolan Forrest. The first recommendation was apparently a medium security system, FCI Petersburg which was giving him a safer environment for his life sentence.

As reported by Bitcoinist:

“Ulbricht was first kept during his trial at the Metropolitan Correctional Center in New York. Right after his sentence was given in July 2017, he was moved to USP Florence High in Colorado – known as the ‘Alcatraz of the Rockies’ – where he stayed until he was moved to USP Tucson, Arizona.”

Backstory

The sentence that Ulbricht was given consists of double life imprisonment and on top of this, forty extra years for the severity of his crimes. For those that don’t know, Ulbricht was found guilty of several crimes including, money laundering, computer hacking and conspiracy to traffic narcotics due to the creation of the secret illegal marketplace where people could purchase and sell things anonymously. This marketplace is known as Silk Road.

Silk Road was in Ulbricht’s vision of a free market where people could make transactions and no-one could get hurt in the process. Initially, he started developing the web site back in 2010 and kept it running up until the end of 2013 as many federal authorities arrested him in a library in San Francisco. In the end, the United States authorities accused him of being the main man behind Silk Road and his punishment followed.

The Silk Road has been blamed for many of the rumours that currently surround Bitcoin as a criminal asset. The development of The Silk Road did allow a wave of ‘criminal’ Bitcoin adoption to take place and therefore, many do argue that The Silk Road and Ulbricht have a huge part to play in the current popularity of Bitcoin and of course Bitcoins historical price surges.

His family still have hope that he can get released from prison, sooner rather than later. His mother, Lyn Ulbricht told Yahoo Finance in December 2018, “I can’t let him rot in prison like this. I don’t see how I can just go, ‘Hey Ross, sorry bye, I’m going to go off and pursue my bliss’ or whatever, get a hobby. I can’t imagine just leaving him there.”

What are your thoughts? Let us know what you think down below in the comments!

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