/biz/ - Business & Finance

Been seeing a lot of press about Ross Ulbricht today.

What law or laws, in specificity, did he break? (ignoring anything related to the whole "he hired a hitman!!!!" thing)

From what I can tell, all the nonviolent charges ultimately boil down to "Vicarious Liability":
>https://freeross.org/vicarious-liability/
(forgive the obviously biased source)

aka, being held responsible for the illegal actions of others.

How does this work legally? Is there a certain code or law that defines it? For example, when some retard decides to post some CP on /b/, why don't the owners/operators of 4chan instantly get charged with possession or distribution of CP? Obviously, it will surely be reported & deleted by mods within say a few minutes, but what absolves them from responsibility since they were technically hosting that content during that time? And if it was instead left up for e.g. a day or a week (mods were unironically asleep/they're pedos themselves etc..) 4chan's server farm would get v& without a doubt. So where's that line drawn?