A Decade Later, Ross Ulbricht’s Silk Road Sentencing Demonstrates The Government’s Fear Of Bitcoin

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Silk Road Founder Ross Ulbricht’s excessive 2013 sentencing betrays the U.S. government’s fear of Bitcoin and dollar competition.This is an opinion editorial by Aaron Daniel, an appellate attorney and author of “The Bitcoin Brief," and William D. Mueller, an appellate attorney with a nationwide practice.Following a multi-week trial in Manhattan’s United States District Court for the Southern District of New York, Ross Ulbricht, the creator and operator of the Silk Road — one of the first marketplaces to exclusively utilize bitcoin — was sentenced to di ...

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