Ulbricht, who was convicted of running an anonymous online drug marketplace, became a hero to crypto-holders everywhere. What does his pardon signal for the future of the technology?
Ross Ulbricht, the creator of the Silk Road darknet marketplace, remains a controversial figure in cryptocurrency history. While his role in revolutionising Bitcoin’s use has long been debated, recent developments have brought his name back into the spotlight.
A fundraiser for the founder of the world’s first darknet black market Silk Road saw more than a quarter million dollars of donations.
Bitcoiners celebrate as the pardon came hours after Senator Rand Paul sent a compelling letter to the White House.
President Donald Trump pardoned the founder of darknet marketplace Silk Road, he said in a post to Truth Social on Tuesday night.
Law enforcement said Ulbricht created the “most sophisticated and extensive criminal marketplace” on the internet.
President Donald Trump pardoned Ross Ulbricht, the creator of the drug marketplace Silk Road who is revered by many cryptocurrency enthusiasts and Libertarians. “I just called the mother of Ross William Ulbright to let her know,” Trump wrote in a post on Truth Social, misspelling Ulbricht’s name.
Console Wars’ duo Jonah Tulis and Blake J. Harris have conducted more than 60 hours of interviews with Ulbricht, who became a cause célèbre among libertarians and cryptocurrency enthusiasts after being handed two life sentences.
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.
Silk Road founder Ross Ulbricht, who was given two life sentences in 2015, thanks President Donald Trump for giving him a "second chance" with unconditional pardon.
On his second day in office, U.S. President Donald Trump pardoned Ross Ulbricht, founder of Silk Road, an online marketplace tied to over $200 million in illegal
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.