wjz-13 all-news-99-1-wnew 1057-the-fan 1300logo2_67x35

Local

Neb. Man Charged In Silk Road Case

View Comments
silk road

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up

BALTIMORE (AP) — A Nebraska man has been charged in connection with alleges sales of drugs, gun and counterfeit currency on the Silk Road website.

Federal prosecutors in Baltimore say 26-year-old Sheldon Kennedy of Lincoln was arrested Wednesday in Miami. He is charged in a complaint with conspiracy to traffic controlled substances and other offenses. The complaint was filed Jan. 31 and unsealed Thursday.

Authorities say Silk Road, which had nearly 1 million registered users by July, generated more than $1 billion in illicit business from January 2011 through September. The website used Bitcoin, the tough-to-track digital currency, before it was shut down.

According to court documents, undercover agents in Baltimore bought cocaine and a pistol from Kennedy on Silk Road, and he sold counterfeit currency to another person in Maryland.

(Copyright 2013 by The Associated Press. All Rights Reserved.)

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 3,214 other followers