NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Expert Predicts ‘Golden Entry Window’ For Next Bull Market In October 2026
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Expert Predicts ‘Golden Entry Window’ For Next Bull Market In October 2026

Bitcoin Crimes To Seal The Fate Of Corrupt Silk Road DEA Agent?

NewsBTC
NewsBTC
Last Updated: October 7, 2020 11:32 am
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

October 19th is the day on which the Bitcoin community is hoping to get justice.

On this day, the court is expected to announce the quantum of punishment for former US Drug Enforcement Administration (DEA) officer Carl Mark Force for his crimes.

In July, Carl had pleaded guilty to the charges of extorting a huge number of Bitcoins from the Silk Road‘s founder Ross Ulbricht (who is currently serving a life imprisonment sentence.)

The disgraced Silk Road was actually an unregulated online marketplace from where the buyers could procure drugs by paying with Bitcoin.

In the 16-page plea agreement, Carl had also pleaded guilty to the charges of money laundering and obstruction of justice.

His sentencing, as per news website Coindesk.com, is set for 2 PM PST on 19th October at the US District Court for the Northern District of California. The hearing will be presided over by Judge Richard Seeborg.

The Coindesk.com also reported that the government has requested the court to impose a prison sentence of 87 months (7 years+3 months) plus three years of supervised release.

During the course of his hearing, the Assistant Attorney General Caldwell had described his crime in the following words: “While investigating the Silk Road, former DEA Agent Carl Force crossed the line from enforcing the law to breaking it.”

When the Assistant Attorney said these words he actually gave voice to what thousands of users of Bitcoin felt.

The Assistant Attorney General had also noted that Carl was seduced by the anonymity that the virtual currency offered. And to abuse it to procure Bitcoin he invented several online personas and encrypted messaging.

As a result he was soon able to obtain Bitcoin worth hundreds of thousands of dollars from the government and even from the investigative targets.

Carl was part of the federal task force which was at that time investigating the Silk Road.

During this time, the agent went rogue and his case is one of the most talked about cases in the recent times.

 

Tweet123Share196ShareSend
NewsBTC
NewsBTC

NewsBTC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin Price Sinks to New Weekly Low

Bitcoin Price Will Not See A Proper Surge Until This Happens; Analyst

Bitcoin has now spent four consecutive months under the $100,000 mark for the first time since it crossed the milestone...

Scott Matherson 4 hours ago
Ethereum, ETH, ETF

Ethereum Tops $2,100 As BitMine Ramps Up ETH Bet With $137M Purchase

Bitmine has increased its bet on Ethereum (ETH) with a $137 million purchase, as the King of Altcoins reclaims the...

Rubmar Garcia 5 hours ago
Strategy

Strategy Discloses $42 Billion Fundraising Plan To Hit 1 Million Bitcoin Target By End Of 2026

Strategy, formerly known as MicroStrategy and led by Michael Saylor, disclosed a new Bitcoin (BTC) acquisition on Monday while simultaneously...

Ronaldo Marquez 7 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Fidelity Sees Key Crypto Catalysts Emerging For Q2 2026

Fidelity Sees Key Crypto Catalysts Emerging For Q2 2026

Jake Simmons 9 minutes ago
Bitcoin

Bitcoin Shorts Squeezed Out $44M As Spot Demand Stays Weak

Christian Encila 1 hour ago
Cardano Bottom Signal? Shorts Hit Highest Level Since June 2023

Cardano Bottom Signal? Shorts Hit Highest Level Since June 2023

Jake Simmons 2 hours ago

Premium Sponsors

Press Releases

  • CreditBlockchain

    CreditBlockchain cloud mining helps users earn up to 0.078...

    2 months ago
  • モネロが686ドルで史上最高値を更新、時価総額トップ11入り──1月に注目のアルトコインは?

    ...

    2 months ago
  • ChatGPTが分析:2026年の仮想通貨 1000倍候補はどれか

    ChatGPTが分析:2026年の仮想通貨...

    2 months ago
  • 新しい仮想通貨:2026年に注目すべき3銘柄、次に急騰するコインはどれか

    ...

    2 months ago
  • ドージコイン 今後:ミームコイン市場に投機売買が再び戻る

    ドージコイン...

    2 months ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.