For close to two and a half years after Ulbricht created the Silk Road in 2011, the dark-web site facilitated the sale of vast amounts of narcotics, as well as counterfeit documents, money laundering services and, at times, guns, for hundreds of millions of dollars in bitcoin payments. After the FBI located the Silk Road’s server in Iceland in 2013 and arrested then 29-year-old Ulbricht in San Francisco, he was convicted on seven charges relating to the distribution of narcotics, money laundering, and computer hacking, as well as a “continuing criminal enterprise” statute—sometimes known as the “kingpin statute”—usually reserved for mob bosses and cartel leaders. In 2015, he was sentenced to life in prison, a punishment beyond even the 20-plus years that prosecutors in the case requested.