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Topic: Ross Ulbricht 140k bitcoins potential auction and market crash in future. (Read 7265 times)

full member
Activity: 154
Merit: 100
I don't think privacy defense going to work well in his case.

Even if it doesn't stick its highly likely that because of this the prosecutors will have to share the big secret - how they got access to the Silk Road servers.
 
They've been keeping that a BIG secret up to now. It's possible they did something illegal to gain access and if they did it's a high possibility the case will be dismissed due to the "fruit of the poisonous tree doctrine": http://www.law.cornell.edu/wex/fruit_of_the_poisonous_tree

Even if the government did something illegal, will the judge really let Ross walk free?

If he is allowed to walk free, that will set an example to all the illegal and drug lord out there not to fear the government.

He was simply 'lucky' this time I guess. They wouldn't go to unreasonable length to convict him. I bet the evidence was already quite a stretch and they knew it. They risked it and it didn't work, it wasn't recognized. That's the way it works.

Oh he hasn't won the battle yet! Just to note: he has only made an argument. He is still in jail and still being charged, nothing has changed yet, we have to wait to see what the FBI's repsonse to this will be.
hero member
Activity: 518
Merit: 500
Trust me!
I don't think privacy defense going to work well in his case.

Even if it doesn't stick its highly likely that because of this the prosecutors will have to share the big secret - how they got access to the Silk Road servers.
 
They've been keeping that a BIG secret up to now. It's possible they did something illegal to gain access and if they did it's a high possibility the case will be dismissed due to the "fruit of the poisonous tree doctrine": http://www.law.cornell.edu/wex/fruit_of_the_poisonous_tree

Even if the government did something illegal, will the judge really let Ross walk free?

If he is allowed to walk free, that will set an example to all the illegal and drug lord out there not to fear the government.

He was simply 'lucky' this time I guess. They wouldn't go to unreasonable length to convict him. I bet the evidence was already quite a stretch and they knew it. They risked it and it didn't work, it wasn't recognized. That's the way it works.
full member
Activity: 154
Merit: 100
Even if the government did something illegal, will the judge really let Ross walk free?

If he is allowed to walk free, that will set an example to all the illegal and drug lord out there not to fear the government.

They would have to because the evidence couldn't be used against him if it was obtained illegally and you cannot convict a man without any evidence, he is innocent until proven guilty and you can't prove him guilty with illegally obtained evidence.

Drug dealers wouldn't not fear the government. The FBI would simply do everything by the book next time they catch someone doing similar.
full member
Activity: 153
Merit: 100
I don't think privacy defense going to work well in his case.

Even if it doesn't stick its highly likely that because of this the prosecutors will have to share the big secret - how they got access to the Silk Road servers.
 
They've been keeping that a BIG secret up to now. It's possible they did something illegal to gain access and if they did it's a high possibility the case will be dismissed due to the "fruit of the poisonous tree doctrine": http://www.law.cornell.edu/wex/fruit_of_the_poisonous_tree

Even if the government did something illegal, will the judge really let Ross walk free?

If he is allowed to walk free, that will set an example to all the illegal and drug lord out there not to fear the government.
sed
hero member
Activity: 532
Merit: 500

... How about you reread your own argument backwards and realise that it may lead to a different conclusion.


Most arguments are simply word-salad uninterpretable when you read them backwards.  I think you've got to read them forwards and then evaluate in that direction.  Smiley
legendary
Activity: 2996
Merit: 1136
Leading Crypto Sports Betting & Casino Platform
I don't think privacy defense going to work well in his case.

Even if it doesn't stick its highly likely that because of this the prosecutors will have to share the big secret - how they got access to the Silk Road servers.
 
They've been keeping that a BIG secret up to now. It's possible they did something illegal to gain access and if they did it's a high possibility the case will be dismissed due to the "fruit of the poisonous tree doctrine": http://www.law.cornell.edu/wex/fruit_of_the_poisonous_tree
If the charges do not stick, I think it will be because the government is not willing to share how the found the servers overseas, or because they used illegal means to find the servers. This very well could be a case that tests the NSA's data collection methods in the supreme court.

It will be an interesting court case regardless, in a sense the result of this case will impact a lot more than the result of a drug raid but venture into data collection and privacy rights, which could be used in further cases against other individuals in unrelated cases.
hero member
Activity: 988
Merit: 1000
I don't think privacy defense going to work well in his case.

Even if it doesn't stick its highly likely that because of this the prosecutors will have to share the big secret - how they got access to the Silk Road servers.
 
They've been keeping that a BIG secret up to now. It's possible they did something illegal to gain access and if they did it's a high possibility the case will be dismissed due to the "fruit of the poisonous tree doctrine": http://www.law.cornell.edu/wex/fruit_of_the_poisonous_tree
If the charges do not stick, I think it will be because the government is not willing to share how the found the servers overseas, or because they used illegal means to find the servers. This very well could be a case that tests the NSA's data collection methods in the supreme court.
full member
Activity: 154
Merit: 100
I don't think privacy defense going to work well in his case.

Even if it doesn't stick its highly likely that because of this the prosecutors will have to share the big secret - how they got access to the Silk Road servers.
 
They've been keeping that a BIG secret up to now. It's possible they did something illegal to gain access and if they did it's a high possibility the case will be dismissed due to the "fruit of the poisonous tree doctrine": http://www.law.cornell.edu/wex/fruit_of_the_poisonous_tree
full member
Activity: 153
Merit: 100
legendary
Activity: 2996
Merit: 1136
Leading Crypto Sports Betting & Casino Platform

If you notice they only sold 30k btc which is a wise move to diversify that amount of BTC.   Seems pretty bullish while they are holding the rest.

Na they are in a lawsuit to get access or to use the rest of Ross and his Bitcoins still.
https://www.techdirt.com/articles/20140710/06513427836/judge-not-impressed-ross-ulbrichts-bitcoin-isnt-money-defense.shtml
legendary
Activity: 1330
Merit: 1000

If you notice they only sold 30k btc which is a wise move to diversify that amount of BTC.   Seems pretty bullish while they are holding the rest.
hero member
Activity: 518
Merit: 500
Trust me!

This is highly interesting! But come on, why isn't the market reacting even more positively? Maybe they will soon be trying to track down Draper and force his Bitcoins off of him again, as well Cheesy In order to give them back to their previous owners Cheesy
legendary
Activity: 2114
Merit: 1015
I still don't get it how the fuck did they get the private keys of those coins?! It's pretty default to encrypt the private keys! Why would Ross give them the password? Does not compute.

Apparently they busted him in a public place while the HD in his laptop was decrypted (at least that's what I read somewhere).

It still asks the password to send the coins. How come DPR was so stupid that he didn't make any cold storage? It just doesn't fit into my head.
sr. member
Activity: 322
Merit: 250
I still don't get it how the fuck did they get the private keys of those coins?! It's pretty default to encrypt the private keys! Why would Ross give them the password? Does not compute.

keylogger.

Even if you are being sure of you not having a keylogger, I think it's still a good idea to use virtual keyboards, I do that, and I admit that i feel a little bit extra paranoid doing so, but also extra safe. And thats being a poorfag, if I was a super rich dude, I just don't get how these guys aren't keeping their shit on offline computers for starters.
newbie
Activity: 45
Merit: 0
I still don't get it how the fuck did they get the private keys of those coins?! It's pretty default to encrypt the private keys! Why would Ross give them the password? Does not compute.

keylogger.
legendary
Activity: 2114
Merit: 1015
I still don't get it how the fuck did they get the private keys of those coins?! It's pretty default to encrypt the private keys! Why would Ross give them the password? Does not compute.
legendary
Activity: 2996
Merit: 1136
Leading Crypto Sports Betting & Casino Platform
Does Dread Pirate Roberts stand a chance?

I would say small and getting smaller as the legal regulations around Bitcoin are getting put into place
The only chance he has to win this is if he can argue its his right to give out the Private Key and they stole it from him unfairly lol.

That won't exonerate him from the drugs related charges.

Actually spent some time thinking about this case read another thread
And my new concern is that this does not set off a precedent to confiscate assets from people without a warrant.
newbie
Activity: 54
Merit: 0
Given how well the 30K coin auction went I am much less concerned about this one, especially since it may not ever happen.

Yea and it will not happen soon, since the government has first to win the lawsuit against Ulbricht before auctioning them.
Not only that but the net effect of the price was mostly neutral so I wouldn't really be worried.
sr. member
Activity: 462
Merit: 250
Given how well the 30K coin auction went I am much less concerned about this one, especially since it may not ever happen.

Yea and it will not happen soon, since the government has first to win the lawsuit against Ulbricht before auctioning them.
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