$28 Million In Bitcoins Seized - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

$28 Million In Bitcoins Seized

Posted: Updated:

NEW YORK (AP) - The United States Attorney in New York says about $28 million worth of bitcoins have been seized from a man charged with operating a notorious online drug marketplace known as Silk Road.

U.S. Attorney Preet Bharara (buh-RAH'-ruh) said Friday more than 144,000 bitcoins were found on computer hardware belonging to Ross William Ulbricht.

Federal authorities in New York have charged Ulbricht with three felonies related to the operation of the website. He was sent to New York from California earlier this month.

The federal public defender who represented Ulbricht in California declined to comment. His New York attorney didn't immediately return messages.

Silk Road gained notoriety as a black market bazaar where drugs could be bought and sold using bitcoins, a form of online cash.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

HD DOPPLER 6i
/
  • Top Stories from KHQHomeMore>>

  • House fire on Bitterroot Lane destroys three cars

    House fire on Bitterroot Lane destroys three cars

    Saturday, December 16 2017 2:15 AM EST2017-12-16 07:15:02 GMT
    House fire on Bitterroot Lane destroys three carsHouse fire on Bitterroot Lane destroys three cars

    SPOKANE VALLEY, Wash. - Spokane Valley Fire Department responded to a report of structure fire at 13307 E Bitterroot Ln in the Elk Ridge Heights neighborhood Friday evening. Firefighters say everyone made it out safely. When they arrived, they found a large amount of fire coming from the 3 car attached garage. Because of their quick work, the fire was under control within minutes. The occupants of the home reported smelling smoke while 

    More >>

    SPOKANE VALLEY, Wash. - Spokane Valley Fire Department responded to a report of structure fire at 13307 E Bitterroot Ln in the Elk Ridge Heights neighborhood Friday evening. Firefighters say everyone made it out safely. When they arrived, they found a large amount of fire coming from the 3 car attached garage. Because of their quick work, the fire was under control within minutes. The occupants of the home reported smelling smoke while 

    More >>
  • Police: Fast food customer in Indiana orders cheese sticks, gets side of cocaine

    Police: Fast food customer in Indiana orders cheese sticks, gets side of cocaine

    Saturday, December 16 2017 2:10 AM EST2017-12-16 07:10:41 GMT
    Police: Fast food customer in Indiana orders cheese sticks, gets side of cocainePolice: Fast food customer in Indiana orders cheese sticks, gets side of cocaine

    GRIFFITH, Ind. - A fast food restaurant in Northwest Indiana will remain closed until police figure out how cocaine allegedly wound up in a customer’s order. A Broad Street Gyros customer called police Nov. 21 saying she thought there was cocaine in her takeout order. According to the Chicago Tribune, the woman told police she found a small baggie of white powder stuffed inside a plastic foam cup along with her cheese sticks. According to 

    More >>

    GRIFFITH, Ind. - A fast food restaurant in Northwest Indiana will remain closed until police figure out how cocaine allegedly wound up in a customer’s order. A Broad Street Gyros customer called police Nov. 21 saying she thought there was cocaine in her takeout order. According to the Chicago Tribune, the woman told police she found a small baggie of white powder stuffed inside a plastic foam cup along with her cheese sticks. According to 

    More >>
  • Mad Minute stories from Friday, December 15th

    Mad Minute stories from Friday, December 15th

    Saturday, December 16 2017 2:00 AM EST2017-12-16 07:00:12 GMT

    Here are the extended versions of the KHQ Local News 11 at 11 Mad Minute stories from Friday, December 15th.

    More >>

    Here are the extended versions of the KHQ Local News 11 at 11 Mad Minute stories from Friday, December 15th.

    More >>