IRS special agent Gary Alford testified Monday that some basic googling was all that it took to identify Ulbricht as the creator of the dark web marketplace.
Richard Bates, who met Ulbricht during their time attending the University of Texas at Dallas, said he was an unknowing participant in the site’s nascent construction.
Key testimony from a federal agent was ruled inadmissible, dampening feelings from last week that Ulbricht’s attorney had cast doubt on the prosecution's case.
The former Mt. Gox CEO still maintains he had nothing to do with the internet drug bazaar.
The man prosecutors allege is the mastermind behind the online drug market Silk Road claimed in court today that the head of a failed Bitcoin market was actually the one running the site.
In an unexpected twist, Ross Ulbricht's defense team is arguing that Mark Karpeles, CEO of a failed Bitcoin company, was the real Silk Road mastermind.
Though the currency’s past year was bookended by embarrassing screw-ups that would give any investor pause, its advocates hope it will finally go mainstream in 2015.
Mt. Gox faces class action lawsuits from pissed-off American and Canadian customers who want their money back.
Mt. Gox found over $100 million of bitcoins in a forgotten wallet, but it won't do anything to boost confidence in the troubled exchange.
Rumours of a $350 million hack against the Bitcoin exchange has the cryptocurrency community alarmed.