Balke Benthall, who was arrested yesterday for running Silk Road 2.0 (SEE:MAJOR BREAKING The FBI Has Just Seized The Online Drug Marketplace Silk Road 2.0) has confessed to running the online web site.
In court today, Assistant U.S. Attorney Kathryn Haun told U.S. Magistrate Judge Jacqueline Scott Corley that Benthall waived his rights and "did admit to everything,'' including running the copycat website.
Haun also told the Judge y that Benthall was a flight risk, was a danger to the community and should be held without bail.
Corley ordered Benthall returned to a federal lockup until a bail hearing Friday.
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