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Sources: m Ross Ulbricht Sentenced to Life in Prison - May 19, 2015 Bitcoin value: 234.31 Bitcoin value 10 days later: 238.22 View Event #43 on Chart After a month-long jury trial that ended in Ulbricht's conviction, Judge Katherine Forrest sentenced Ulbricht to life in prison.
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The automatic 50 drop continued Bitcoin's original design to gradually decrease the number of newly created bitcoins until the block reward ends completely, which is estimated to occur in the year 2140.
The order was dubbed the "BearWhale" by the Bitcoin community due to its unprecedented size.



Shavers (known on BitcoinTalk as Pirateat40) manages the secretive operation for about eight months, accepting only large deposits of bitcoin (50 BTC) and paying out interest weekly.

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