• 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

10 months 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

OKB Shows Strong Performance in Bear Market

chest

OKB has emerged as a strong candidate for traders during the bear market, with its BTC ratio increasing by nearly 493% over 350 days.

user avatarElias Mukuru

Zcash Emerges as Momentum Leader in Privacycoin Narrative

chest

Zcash has emerged as a momentum leader in the cryptocurrency market, gaining over 1,600% in the past three months while Bitcoin declined by 20%. This highlights Zcash's strength in the privacycoin narrative.

user avatarBayarjavkhlan Ganbaatar

Filecoin's Inverse Correlation with Bitcoin Offers Defensive Strategy

chest

Filecoin is highlighted for its statistically significant inverse correlation with Bitcoin, making it a defensive asset.

user avatarDiego Alvarez

Traders Focus on Defensive Altcoins Amid Strengthening Bear Market

chest

Traders are focusing on defensive altcoins like OKB, Filecoin, and Zcash as the bear market strengthens.

user avatarMohamed Farouk

MoonBull Offers Unique Investment Opportunity with Staking Rewards

chest

MoonBull's presale features a structured tokenomics model and staking rewards, appealing to long-term investors.

user avatarKenji Takahashi

MoonBull Presale Gains Momentum as PEPE Faces Bearish Sentiment

chest

The MoonBull presale is gaining traction with over 600K in funding, while PEPE faces bearish trends, prompting investors to seek alternatives.

user avatarGustavo Mendoza

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.