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

Donald Trump Pardons Silk Road Founder Ross Ulbricht

user avatar

by Giorgi Kostiuk

a year ago

President Donald Trump announced the full pardon of Ross Ulbricht, the founder of the notorious Silk Road marketplace.

Ulbricht's Pardon

President Donald Trump announced on Tuesday the pardon of Ross Ulbricht, the founder of the Silk Road dark web marketplace, as part of fulfilling his 2024 campaign promise. Ulbricht, known as 'Dread Pirate Roberts,' had been serving a life sentence for operating a platform that facilitated drug sales and money laundering. Trump stated he personally contacted Ulbricht's mother to inform her of the decision.

Silk Road's Criminal Legacy

Silk Road's operations were associated with significant criminal outcomes. According to U.S. Immigration and Customs Enforcement (ICE), the site allowed thousands of drug dealers to sell illicit substances to more than 100,000 customers. The platform also facilitated the laundering of hundreds of millions of dollars from these sales.

Impact of the Pardon

This pardon fulfills Trump's campaign promise made in May 2024 at the Libertarian Party's national convention, where he pledged to commute Ulbricht's sentence if elected.

Trump's decision to pardon Ulbricht sparks discussion on the consequences of Silk Road's activities and the implications of high-profile pardons.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Alex Bores Introduces AI Dividend to Combat Job Losses from Automation

chest

On April 20, 2026, Alex Bores, a Democratic member of the New York State Assembly, announced the AI Dividend policy aimed at providing financial support to Americans if artificial intelligence significantly reduces employment.

user avatarLi Weicheng

Expert Warns XRP Holders About Risks Following Kelp DAO Hack

chest

Market expert Iso Ledger warns XRP holders about the risks associated with wrapped assets following the Kelp DAO hack.

user avatarAisha Farooq

Prediction Markets Under Regulatory Scrutiny

chest

Prediction markets are currently facing significant regulatory challenges as states and federal authorities grapple with whether these platforms should be classified as gambling or regulated financial instruments.

user avatarTenzin Dorje

Intercontinental Exchange Expands Investment in Polymarket

chest

Intercontinental Exchange has deepened its investment in Polymarket, bringing its total commitment to $1.6 billion.

user avatarBayarjavkhlan Ganbaatar

Polymarket Seeks $400 Million Funding to Boost Valuation

chest

Polymarket is currently in discussions to raise $400 million at a valuation of around $15 billion.

user avatarMohamed Farouk

New Allegations Challenge Bitcoin's Decentralization Narrative

chest

New claims suggest that Israel has hijacked control of the Bitcoin network, challenging its decentralization narrative.

user avatarElias Mukuru

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.