• 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

Saturn Secures $800K Funding to Innovate Bitcoin-Backed Yield Solutions

chest

Saturn has secured $800,000 from YZi Labs, Sora Ventures, and notable crypto investors to enhance its stablecoin protocol, which aims to deliver yield backed by Bitcoin.

user avatarAndrew Smith

Chinese Tech Companies Crack Down on Corruption

chest

Major Chinese tech firms, including ByteDance and Bilibili, are intensifying efforts to combat corruption within their ranks.

user avatarDavid Robinson

Xunlei Sues Former CEO Chen Lei for RMB 200 Million

chest

Chinese technology company Xunlei has filed a lawsuit against its former CEO Chen Lei and his core team, seeking damages of up to RMB 200 million for alleged embezzlement and financial misconduct.

user avatarJacob Williams

Morgan Stanley's Wealth Management Division Sets New Records

chest

Morgan Stanley's wealth management division achieved record revenue and client assets in Q4 2025, driven by rising markets and significant asset inflows.

user avatarZainab Kamara

FLockio Launches Flock Open Model Offering (FOMO) to Democratize AI

chest

FLockio has introduced FOMO, a platform enabling anyone to launch decentralized AI models and earn cryptocurrency.

user avatarSon Min-ho

Iran's Economic Crisis Deepens Amid Currency Collapse

chest

Iran is facing a severe economic crisis as the rial collapses, driven by hyperinflation, drought, and international sanctions.

user avatarTando Nkube

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.