• 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

Lighter Unveils Direct Distribution Strategy for LIT Tokens

chest

Lighter has initiated a direct distribution of LIT tokens into users' wallets without the need for claims, aiming to enhance market liquidity and user engagement.

user avatarDavid Robinson

LIT Token Value Experiences Volatility Following Airdrop Announcement

chest

The value of LIT tokens has experienced significant fluctuations following the announcement of direct distribution, indicating a potential shift in airdrop strategies.

user avatarMaria Gutierrez

No Evidence Found Linking Iranian Protests to Bitcoin

chest

Investigations reveal no primary sources linking Bitwise or Bitcoin to the Iranian protests over currency collapse.

user avatarSatoshi Nakamura

Market Analysts Discuss Impact of Binance's Delisting Strategy

chest

Industry analysts provide insights on the implications of Binance's delisting of margin pairs.

user avatarAndrew Smith

Binance Advises Traders to Close Positions Before Delisting Deadline

chest

Binance advises traders to close positions and transfer assets before the January 6, 2025 deadline to prevent unnecessary liquidations.

user avatarZainab Kamara

Binance Delists 14 Margin Trading Pairs Including BCHFDUSD

chest

Binance announces the delisting of 14 margin trading pairs, including BCHFDUSD, effective January 6, 2025, impacting thousands of traders globally.

user avatarJacob Williams

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.