On his second day back in office, President Donald Trump issued a full pardon to Ross Ulbricht, the founder of dark-web marketplace Silk Road. Trump had pledged to free Ulbricht as part of a raft of promises made to the cryptocurrency community while on the campaign trail.
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 more than $200 million in illicit trade using bitcoin.
Law enforcement said Ulbricht created the “most sophisticated and extensive criminal marketplace” on the internet.
Sen. Rand Paul, R-Ky., discusses President Donald Trump pardoning Silk Road creator Ross Ulbricht on ‘The Will Cain Show.’
President Donald Trump announced Tuesday on Truth Social that he had pardoned Texas native and Silk Road website founder Ross Ulbricht.
Ulbricht, 40, was about 10 years into his life sentence for helming an online black market where drug dealers, money launderers, and traffickers used bitcoins to mask more than $214 million in illicit trades. (Ars thoroughly documented the Silk Road saga here .)
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.
In 2015, a 31-year-old yoga enthusiast from Austin named Ross Ulbricht was found guilty of being the online drug kingpin “Dread Pirate Roberts.” Convicted on 7 counts, the judge sentenced him to life in prison. Trump pardoned Ulbricht on Tuesday and now he’s a free man after more than 10 years in custody.
US President Donald Trump has made headlines once again by granting a full and unconditional pardon to Ross Ulbricht, the controversial figure behind the infamous Silk Road darknet marketplace. This move has sparked a mix of outrage and celebration,
Ross Ulbricht was found guilty in 2015 of creating and operating Silk Road, a hidden website where people bought and sold illegal drugs, as well as other unlawful goods and services.