Silk Road adviser ‘Variety Jones’ sentenced to 20 years in prison

Silk Road adviser Roger Clark allegedly suggested that Ross Ulbricht should hire a hitman to kill an ex-employee who stole $350,000

article-image

FOTOKITA/Shutterstock modified by Blockworks

share

Known as Variety Jones, Silk Road adviser Roger Thomas Clark was sentenced to 20 years in prison on Tuesday, with US prosecutors citing a conspiracy to “distribute massive quantities of narcotics” via bitcoin payments. 

Clark was additionally ordered to forfeit $1.6 million of proceeds. 

During the trial of Silk Road founder Ross Ulbricht, Clark emerged as a mentor and adviser to Ulbricht. Ulbricht was given a double life sentence for operating the black market. 

Cryptocurrency advocates have repeatedly derided Ulbricht’s sentence, including raising funds to campaign for his release.

A statement issued Tuesday by the Southern District of New York, which prosecuted Clark’s case, noted that, in addition to his role as an adviser, Clark also weighed in on how to “protect the Silk Road empire,” even suggesting to Ulbricht the hire of a hitman to kill a staffer accused of stealing $350,000. 

Prosecutors outlined Clark’s role in the Silk Road, which they categorized in line with previous cases: an illicit bitcoin-based marketplace operating on the Tor network designed to facilitate the buying and selling of illicit and illegal goods and services around the world. 

Ulbricht’s journal, which was used in his case, said Clark was a “real mentor.” Clark helped with the infrastructure of the Silk Road — implementing the rules that governed it, as well as promotions and associated sales. He also helped Ulricht to dodge law enforcement when they began investigating the darknet.

Clark was extradited to the US to face trial from Thailand — where he was imprisoned — in 2018.

The Silk Road operated from approximately 2011 to 2013, drawing the attention of authorities in the US and elsewhere in the process for its support of anonymous transactions via Bitcoin. 

In March, the US government sold over 9,800 bitcoins connected to the Silk Road for about $215 million, according to a court filing. 

The bitcoin was connected to James Zhong, a hacker accused of targeting the Silk Road. Zhong was sentenced to a year and a day in prison for the 2012 wire fraud back in April.


Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter.

Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. Subscribe to the Forward Guidance newsletter.

Get alpha directly in your inbox with the 0xResearch newsletter — market highlights, charts, degen trade ideas, governance updates, and more.

The Lightspeed newsletter is all things Solana, in your inbox, every day. Subscribe to daily Solana news from Jack Kubinec and Jeff Albus.

Tags

Upcoming Events

Javits Center North | 445 11th Ave

Tues - Thurs, March 18 - 20, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Unlocked by Template.jpg

Research

The BitcoinOS team is the first to have developed and posted a ZK-compressed proof on the Bitcoin network. Other proof verification efforts have been limited to the Signet or testnet deployments. Their work has resulted in the development of BitSNARK, a software library for ZK-compressed fraud proofs on the Bitcoin network. The project aims to provide a horizontal scaling solution, offering a one-stop shop for teams interested in developing a rollup on Bitcoin. This approach shares similarities with the horizontal tech stack scaling in other ecosystems like Cosmos and Optimism, particularly in its focus on simplified verification, bridging standards, and lightweight interoperability.

/

article-image

A16z’s State of Crypto report shows that DeFi has the largest number of daily active addresses, with stablecoins following closely behind

article-image

G2 is delivering real-world performance breakthroughs at 50-100 Mgas/s, Conduit says

article-image

World Liberty Financial’s token sale debuted just as an absurd AI-fueled memecoin captured crypto’s attention

article-image

Coinbase hired History Associates in 2023 to assist in retrieving records from the SEC and FDIC

article-image

Hours after pledging to support Black men’s rights to safely invest in crypto, VP Harris’s Monday night speech mentioned blockchain zero times