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 This material may not be published, broadcast, rewritten or redistributed.)

  • Top Stories from KHQTop StoriesMore>>

  • 3rd Person Arrested In McDonald's Robbery

    3rd Person Arrested In McDonald's Robbery

    Saturday, April 19 2014 10:56 AM EDT2014-04-19 14:56:28 GMT
    UPDATE: Two suspects have been arrested in connection to the robbery that occurred Thursday evening at the McDonald's at 2200 W. Wellesley Ave. Major Crimes Detectives are also investigating the possibility these suspects are connected to other robbery incidents.More >>
    UPDATE: Two suspects have been arrested in connection to the robbery that occurred Thursday evening at the McDonald's at 2200 W. Wellesley Ave. Major Crimes Detectives are also investigating the possibility these suspects are connected to other robbery incidents.
    More >>
  • Judge Rules Taxpayers Won't Pay For Sex Offender Treatment

    Judge Rules Taxpayers Won't Pay For Sex Offender Treatment

    Saturday, April 19 2014 2:36 AM EDT2014-04-19 06:36:00 GMT
    TACOMA, Wash. (AP) - A judge has rejected Steven Powell's request to have taxpayers pay for his court-ordered sex offender treatment after a voyeurism conviction.Pierce County Superior Court Judge Ronald Culpepper agreed Friday with the state attorney general's office that Powell cited the wrong statute when he made his request.More >>
    TACOMA, Wash. (AP) - A judge has rejected Steven Powell's request to have taxpayers pay for his court-ordered sex offender treatment after a voyeurism conviction.Pierce County Superior Court Judge Ronald Culpepper agreed Friday with the state attorney general's office that Powell cited the wrong statute when he made his request.More >>
  • North Idaho Poachers Taking Heavy Toll On Game

    North Idaho Poachers Taking Heavy Toll On Game

    Saturday, April 19 2014 2:09 AM EDT2014-04-19 06:09:06 GMT
    LEWISTON, Idaho — Poachers are likely killing far more game animals than wolves are, state wildlife officials in North Idaho say. Officials tell the Lewiston Tribune in a story on Friday that last year in North Idaho they confirmed poaching of 30 elk, four moose, 13 mule deer and 57 whitetail deer.
    More >>
    LEWISTON, Idaho — Poachers are likely killing far more game animals than wolves are, state wildlife officials in North Idaho say. Officials say last year in North Idaho they confirmed poaching of 30 elk, four moose, 13 mule deer and 57 whitetail deer.

    More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KHQ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.