. >> well, jessica, his name is ross william eulbrich. he appeared here in federal court about 10:00 this morning. he's young, some might say clever, and accused of using the internet as his financial playground. >> he looks like the innocent boy next door, but fbi documents explain why he may not be so innocent. he was arrested year at the glen park public library with tuesday afternoon. he had a laptop in his possessio possession new york senator charles schumer said he brought the website to the fed's attention. >> he was able to hide the website that he put together and the actual sales.

>> well, jessica, his name is ross william eulbrich. he appeared here in federal court about 10:00 this morning. he's young, some might say clever, and accused of using the internet as his financial playground. >> he looks like the innocent boy next door, but fbi documents explain why he may not be so innocent. he was arrested year at the glen park public library with tuesday afternoon. he had a laptop in his possessio possession new york senator charles schumer said he brought the website to the fed's attention. >> he was able to hide the website that he put together and the actual sales. >> according to court documents, he used the website as a black market bazaar to sell everything from high quality heroin to marijuana. all the transactions had to be paid with bit coins, an electronic currency designed to be anonymous as cash. documents say he made millions in commission. this professor teaches cyberlaw at the university of san francisco. >> because of the technology, this guy was able to hide what he was doing and make it hard for t