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Ross William Ulbricht will be transferred to New York to face charges for narcotics trafficking and conspiracy to commit computer-hacking. 

Ross William Ulbricht, the man accused of being the founder of the Deep Web black market Silk Road, will be transferred from San Francisco to New York to face charges for narcotics trafficking and conspiracy to commit computer-hacking.

Ulbricht, 29, was apprehended on Oct. 2, along with  $3.6 million in bitcoins, the digital currency that powers much of the Deep Web. He also faces charges in Maryland for two alleged murder-for-hire plots. Ulbricht and his public defender have denied all charges.

According to the Verge, Ulbricht said only “good morning” to the court before remaining silent for the entirety of his hearing, which lasted roughly five minutes.

Although he’s been denied bail thus far and kept in Alameda County jail, Ulbricht may apply for bail again in New York.

H/T The Verge | Photo via Facebook

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How the FBI tracked down Dread Pirate Roberts
Earlier this morning, the infamous Silk Road was seized by the FBI and Department of Homeland Security. The Deep Web black market reportedly generated $1.2 billion in revenue over the course of its two-year lifespan.
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