Silk Road creator hit with "Kingpin" charge

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In the indictment released Tuesday, Ulbricht is charged with not only engaging in a narcotics, hacking and money-laundering conspiracy, but a “continuing criminal enterprise,” a charge sometimes referred to as the “kingpin statute.” That law applies to alleged criminal organizations with six or more members organized by a single leader. And it brings Ulbricht’s potential minimum prison sentence to 30 years when added to the 10-year minimum sentence associated with the narcotics conspiracy charge. Both charges also carry a maximum sentence of life in prison.

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