• 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

Kalshi Faces Legal Challenges Over Sports Wagering Regulations

chest

Kalshi is involved in a legal dispute with Connecticut regulators over the classification of its event contracts as illegal gambling.

user avatarGustavo Mendoza

BANANA Trades Within Symmetrical Triangle Indicating Potential Breakout

chest

BANANA is currently consolidating within a symmetrical triangle, indicating potential for a breakout.

user avatarRajesh Kumar

Circle Gains Conditional Approval for First National Digital Currency Bank

chest

Circle has received conditional approval from the US Office of the Comptroller of the Currency to establish the First National Digital Currency Bank.

user avatarMiguel Rodriguez

Ethereum Staking Demand Surges as Validator Backlog Hits Yearly High

chest

Ethereum's staking activation queue has reached its highest level in over a year, indicating renewed interest in securing the network.

user avatarLuis Flores

US Consumers Report Decrease in Price Pressures Amid Inflation Increase

chest

US consumers report a decrease in price pressures despite a slight increase in inflation levels as 2025 ends.

user avatarDavid Robinson

Upcoming Economic Reports Spark Optimism for Retail Sales

chest

Analysts anticipate a significant rise in retail sales for the fourth quarter, with key reports set to be released this week. Forecasts indicate a 0.4% surge in retail sales for November, alongside other important economic data.

user avatarMaria Gutierrez

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.