05/29/2015 04:14 pm ET Updated May 29, 2015

Silk Road Creator Ross Ulbricht Sentenced To Life In Prison For Drug Plot


NEW YORK, May 29 (Reuters) - The accused mastermind behind the underground website Silk Road was sentenced on Friday to life in prison for orchestrating a scheme that enabled more than $200 million of anonymous online drug sales using the digital currency bitcoin.

Ross Ulbricht, 31, was sentenced by U.S. District Judge Katherine Forrest in Manhattan, three months after a federal jury found him guilty of charges including conspiracy to commit drug trafficking, money laundering and computer hacking.

Forrest also ordered Ulbricht to forfeit $183.9 million.

(Reporting by Nate Raymond; Editing by Andre Grenon)