$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 This material may not be published, broadcast, rewritten or redistributed.)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>>

  • Self-proclaimed 'Spokane Spanker' found guilty of 8 counts of assault with sexual motivation

    Self-proclaimed 'Spokane Spanker' found guilty of 8 counts of assault with sexual motivation

    Wednesday, June 28 2017 10:10 PM EDT2017-06-29 02:10:57 GMT

    SPOKANE, Wash. - The man arrested back in April after confessing to KHQ to sexually assaulting multiple women by slapping their backsides was found guilty on Wednesday. 

    More >>

    SPOKANE, Wash. - The man arrested back in April after confessing to KHQ to sexually assaulting multiple women by slapping their backsides was found guilty on Wednesday. The self-proclaimed "Spokane Spanker", 28-year-old Jonathan Smith, was charged with 11 counts of assault with sexual motivation in a string of Centennial Trail attacks this past spring.  

    More >>
  • Post Falls family says they're gravely concerned for missing daughter

    Post Falls family says they're gravely concerned for missing daughter

    Wednesday, June 28 2017 9:59 PM EDT2017-06-29 01:59:26 GMT

    POST FALLS, Idaho - "We want you back home and we want you safe,” Dave Bennett said. An emotional plea from Dave Bennett. “You've got a whole family, literally thousands of people, not just your immediate family who are in grave concern for you right now and love you so much and are so worried about you,” he said. It’ll be two weeks this Friday since Bennett last saw his daughter. 

    More >>

    POST FALLS, Idaho - "We want you back home and we want you safe,” Dave Bennett said. An emotional plea from Dave Bennett. “You've got a whole family, literally thousands of people, not just your immediate family who are in grave concern for you right now and love you so much and are so worried about you,” he said. It’ll be two weeks this Friday since Bennett last saw his daughter. 

    More >>
  • Hayden man says he got himself arrested because he had nowhere else to go

    Hayden man says he got himself arrested because he had nowhere else to go

    Wednesday, June 28 2017 9:47 PM EDT2017-06-29 01:47:24 GMT

    KOOTENAI COUNTY, Idaho - After several run-ins with the law, Robert Fisher says he wanted to go back to jail because he wants to turn his life around. “I have people that I care about a lot and I can't be with them or take care of them," Fisher said. In the Kootenai County Jail, Fisher has had a lot of time to sit and reflect.

    More >>

    KOOTENAI COUNTY, Idaho - After several run-ins with the law, Robert Fisher says he wanted to go back to jail because he wants to turn his life around. “I have people that I care about a lot and I can't be with them or take care of them," Fisher said. In the Kootenai County Jail, Fisher has had a lot of time to sit and reflect.

    More >>