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Man creates website worth $1 billion by allowing people to buy and sell drugs anonymously

By Mason White 1:51 PM June 1, 2015
Ross Ulbricht 

By: Tanya Malhotra
(Scroll down for video) A man in New York, created a website on which people can buy and sell drugs without revealing their identity.

Ross Ulbricht earned millions of dollars through his website called The Silk Road, which allowed people to anonymously buy and sell contraband, such as drugs and weapons.

However, his dreams were dashed when police tracked him down and arrested him.

Ulbricht, 31, was found guilty of seven counts, including trafficking drugs on the Internet, narcotics trafficking, conspiracy, running a criminal enterprise, computer hacking and money laundering.

Ulbricht received the harsh punishment of life in prison.

Prosecutors were asking for 20 years behind bars. However, Judge Katherine Forrest handed down the harshest sentence allowed by law.

He was also ordered him to pay the government $183 million.

The judge said that Ulbricht was not better than any other drug dealer.

The judge also took into account the fact the Ulbricht may have been involved in planning the deaths of at least 6 people in order to protect his identity from law enforcement.

Ulbricht was never charged in connection with the murders.