One Silk Road 3.1 admin claimed the other admins had stolen user funds in an exit scam. Another Silk Road 3.1 admin chimed in and claimed that the exit scam rumors were false. The truth is more complicated than it seems.
Silk Road Mod "Libertas" Sentenced to 78 Months in Prison
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.
Roger Clark aka Variety Jones Being Held at Brooklyn MDC
Roger Clark aka Variety Jones pleaded not guilty at his arraignment hearing before Judge William H. Pauley, III. He is currently being held at the Brooklyn MDC via detention on consent without prejudice.