Silk Road Website Manager Pleads Guilty to Drug Charge

Curtis Green, the administrator of Silk Road, the online black market for drugs and other contraband, pleaded guilty to a cocaine conspiracy charge, according to federal prosecutors in Maryland.

Green, 47, of Utah, helped an undercover agent for the U.S. Drug Enforcement Administration arrange the purchase of one kilogram (2.2 pounds) of cocaine for about $27,000 in the digital currency Bitcoin from a drug vendor on Silk Road, prosecutors said in papers unsealed yesterday in federal court in Baltimore.

“People who believe they can commit crimes anonymously using the Internet should reconsider,” Rod Rosenstein, U.S. attorney for the District of Maryland, said in a statement announcing the guilty plea.

Jacob George IV, 32, of Edgewood, Maryland, pleaded guilty on Nov. 5 to conspiracy to distribute drugs, including heroin, via Silk Road. The website was set up by Ross Ulbricht, 29, also known as Dread Pirate Roberts, U.S. prosecutors say.

Ulbricht, of San Francisco, has been indicted in Maryland on multiple charges, including attempted witness murder, and faces additional charges in New York.

The case against Green is U.S. v. Green,13-cr-00592, U.S. District Court, District of Maryland (Baltimore).

Before it's here, it's on the Bloomberg Terminal.