Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
CHICAGO (AP) — Federal prosecutors say a Dutch man has agreed to plead guilty in Chicago to charges alleging that he sold illegal drugs for millions of dollars in bitcoins through the shuttered website Silk Road.
Prosecutors say Cornelis Jan Slomp, of Worden, the Netherlands, was charged Thursday with conspiracy to import and distribute controlled substances, including ecstasy, amphetamine and cocaine.
They say the 22-year-old Slomp was arrested in August 2013 at Miami International Airport after flying from Europe to allegedly meet with co-conspirators about spinning off his Silk Road operations.
Prosecutors say Slomp faces up to 40 years in prison, a $5 million fine and the forfeiture of $3 million. A court date hasn't been set for him to enter his plea.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.