Associated Press
A San Francisco man was indicted on Tuesday on charges he was the mastermind behind a secret website that brokered more than $1 billion in transactions for illegal drugs and services.
The indictment unsealed in federal court in Manhattan charges Ross William Ulbricht with drug trafficking, computer hacking, money laundering and other counts.
A lawyer for Ulbricht, Joshua Dratel, said his client would plead not guilty at an arraignment scheduled for Friday.