Gary Davis, a former moderator and administrator of Silk Road, was sentenced to 78 months in prison for his role in the operation of the marketplace. Compared to Ross’ sentence for running Silk Road, 78 months is a reasonable sentence. His primary roles as an administrator involved customer support and dispute moderation.
Silk Road Vendor "Pharmville" Charged for Laundering $19 Million in Bitcoin
Hugh Brian Haney, according to a criminal complaint unsealed on July 18, sold oxycodone and other substances on the Silk Road marketplace in 2011 and 2012. When Haney attempted to cash out $19 million in bitcoin through an exchange, the exchange froze his account. The Drug Enforcement Administration investigated and identified the Silk Road as the source of Haney’s bitcoin.
Gary Davis Admits Role as a Silk Road Admin
Gary Davis, aka Libertas, pleaded guilty to one count of conspiracy to distribute narcotics in connection with his role as a Silk Road administrator. No information about a plea agreement has been revealed at the time of the announcement.
DoJ: ItalianMafiaBrussels Leader Sentenced to 11 Years in Prison
A judge in a Colorado court sentenced the leader of the drug trafficking organization “ItalianMafiaBrussels” to 11 years in prison for his role in operating an international ecstasy trafficking network. The defendant, in addition to the prison sentence, was ordered to pay almost $1,000,000 to the government.