• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Donald Trump Grants Full Pardon to Ross Ulbricht

user avatar

by A1

6 hours ago


U.S. President Donald Trump has granted a full and unconditional pardon to Ross Ulbricht, the man behind the notorious Silk Road dark web marketplace. Ulbricht, convicted in 2015 for his role in operating the platform, had been sentenced to life in prison.

The Silk Road Legacy

Silk Road was an online marketplace that operated from 2011 to 2013, where users could anonymously buy and sell illicit goods, including drugs and weapons. The platform, which only accepted Bitcoin and other cryptocurrencies, became a symbol of the intersection of illegal activity and emerging technologies like blockchain. Silk Road’s use of the Tor network, designed to anonymize user identities, furthered its reputation as a hidden space for criminal enterprise.

Ulbricht's Conviction and Life Sentence

Ulbricht’s conviction included charges of drug trafficking, money laundering, and conspiracy to commit computer hacking. Prosecutors claimed that he had earned millions of dollars through Silk Road transactions, which contributed to his life sentence. Additionally, there were allegations that Ulbricht had attempted to arrange murders to protect his business, though the murders were never definitively proven. Many libertarian activists argued that Ulbricht's actions were motivated by a desire to promote individual freedom and privacy, not to cause harm.

The Pardon Announcement

On January 20, 2025, President Trump took to his social media platform, Truth Social, to announce the pardon. In his post, Trump expressed his pleasure in granting the pardon, calling it a favor for both Ulbricht’s mother and the Libertarian movement. Trump also highlighted his belief that the people responsible for Ulbricht's conviction were part of the same group that had allegedly 'weaponized' government power against him.

"The scum that worked to convict him were some of the same lunatics who were involved in the modern-day weaponization of government against me. He was given two life sentences, plus 40 years. Ridiculous!"Donald Trump

The announcement of the pardon has been met with applause from libertarian activists but remains divisive. Critics argue that the Silk Road facilitated illegal drug trade and contributed to overdose deaths. Supporters, however, believe the punishment was disproportionate and highlight the broader societal implications concerning privacy and economic freedom.

0

Share

Other news

Dogecoin, Helium, and Qubetics: New Developments in the Crypto Market

Explore recent developments in cryptocurrencies: Dogecoin's unexpected support, Helium's rise, and Qubetics' innovative role.

user avatarA1

9 minutes ago

BlockDAG and Sui: Analyzing Opportunities Ahead of the Crypto Boom

BlockDAG and Sui: prospects and technologies before the 2025 crypto boom.

user avatarA1

10 minutes ago

Semler Scientific Aims for $75M Fundraise to Bolster Bitcoin Holdings

Semler Scientific announces plans to raise $75M to enhance Bitcoin reserves and other corporate initiatives.

user avatarA1

11 minutes ago

Top New Meme Coins: BTFD, CHILLGUY, SPX

Meme coins have gained serious traction in the crypto world. Exploring BTFD, CHILLGUY, and SPX as promising projects for 2025.

user avatarA1

12 minutes ago

Best Cryptocurrency Projects of 2025: BTFD Coin, Moo Deng, Act I

Exploring promising crypto projects: BTFD Coin, Moo Deng, and Act I, highlighting their unique features and innovations.

user avatarA1

12 minutes ago

Vitalik Buterin Warns of Risks Posed by Political Memecoins

Ethereum co-founder Vitalik Buterin voices concerns over the impact of political memecoins like TRUMP on political corruption.

user avatarA1

13 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.