President Donald Trump pardoned the founder of darknet marketplace Silk Road, he said in a post to Truth Social on Tuesday night.
Cryptocurrency enthusiasts welcomed President Trump’s pardoning of Ross Ulbricht, who had been serving a life sentence without parole for running underground drug bazaar Silk Road. Trump said late Tue
President Donald Trump on Tuesday signed a full and unconditional pardon of Ross Ulbricht, the founder of the anonymous marketplace website Silk Road, which the president promised to do "on Day 1" while on the campaign trail.
President Donald Trump kept a campaign pledge to the cryptocurrency industry by granting a full pardon to Ross Ulbricht, the founder of Silk Road. The infamous dark web marketplace not only served as a hub for illicit drug sales but also emerged as one of the first real-world applications of Bitcoin.
Trump pardons Ross Ulbricht, Silk Road creator, overturning life sentences for running a $200M dark web marketplace.
Ulbricht was sentenced to life in prison in 2015 on charges related to his website, where users could buy and sell drugs and other illegal goods with bitcoin.
Libertarian activists, who generally oppose criminal drug policies, argued the government overreached in building its case against Ross Ulbricht and the dark web marketplace Silk Road.
President Donald Trump pardoned Ross Ulbricht, the founder of the Silk Road marketplace, delivering on a campaign promise he made to court the cryptocurrency community and libertarian voters.
U.S. President Donald Trump on Tuesday pardoned Silk Road founder Ross Ulbricht, who was sentenced to life in prison for running an underground online marketplace where drug dealers and others conducted over $200 million in illicit trade using bitcoin.
President Donald Trump on Tuesday evening said he issued a full and unconditional pardon to Ross Ulbricht, the founder of the dark web Silk Road marketplace for illicit drugs.
Ross Ulbricht was serving a life sentence for creating a site in a shady corner of the internet to sell heroin, cocaine and other illicit substances.