Digital drugs bazaar and hitmen: The dark history of Ross Ulbricht and Silk Road
Share:
It started as a bold experiment – a Wild West style online marketplace where anything could be sold and no questions were asked. But the Silk Road, one of the first and most notorious dark web markets, soon spiralled into a criminal empire worth millions, transforming its founder Ross Ulbricht into a ruthless cybercriminal known as the ‘Kingpin of the Dark Web’.
The Silk Road was only active for around three years, before Ulbricht was arrested by the FBI and jailed for life in 2015 having been charged with drug trafficking, money laundering and computer hacking. He was also accused of hiring a hitman to murder former employees, and was estimated to have overseen over $1 billion in illegal sales between 2011 and 2013.
But how did an unassuming entrepreneur and libertarian activist find himself becoming one of the 21st century’s most notorious drug lords? And why did Donald Trump offer him a full pardon just hours after becoming president?. This is the story of the Silk Road.
Ross Ulbricht grew up in Austin, Texas, and had a reputation of being a smart, charming, but otherwise fairly normal person. A physics major who enjoyed surfing, hanging out with friends and occasionally smoking pot, he had a reputation as a bit of a ‘boy scout’ who was an unflinchingly honest and caring friend.
Having grown tired of the drudgery of lab research, Ulbricht changed tracks and sought to become an entrepreneur following a growing interest in economics, investing in several small businesses that went nowhere including a videogame company and a bookselling business.