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

Ross Ulbricht Pardoned: A New Beginning for the Bitcoin Community

user avatar

by Giorgi Kostiuk

10 months ago


President Donald Trump has officially pardoned Ross Ulbricht, the creator of the Silk Road platform, sparking widespread excitement within the Bitcoin community.

Pardon and Community Reaction

Ross Ulbricht, founder of Silk Road, has received a full pardon from President Donald Trump. After over a decade in prison on charges of drug trafficking and money laundering, his release marks a significant moment for Bitcoin supporters. This event is seen as the fulfillment of one of Trump’s campaign promises.

FREEDOM!!!!

Significance for the Bitcoin Community

The pardon was met with broad support within the Bitcoin community, especially on the social media platform X, where Ulbricht is regarded as a pioneer of privacy and decentralization. Samson Mow’s company JAN3 hailed the day as historic not just for Ulbricht and his family but for the entire community. It is seen as an acknowledgment of Bitcoin by a sitting U.S. president, enhancing the cryptocurrency’s legitimacy.

We are elated to hear that Ross has been pardoned from his life sentence. This is a historic day for Ross, his family, and the Bitcoin community.

Wider Resonance and Discussion

U.S. Senator Thomas Massie also expressed support, noting that Trump’s action fulfilled a promise made to him and others in the community who long advocated for Ulbricht’s freedom. Many see Ross’s release as embodying the spirit of Bitcoin, aimed at revolutionizing finance and personal freedom.

Ross Ulbricht’s pardon has sparked renewed discussions about the role of Bitcoin and blockchain technology in personal freedom. Advocates suggest broader support and understanding of these technologies is possible in the future.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Pumpfun Team Executes Massive Cashout with $75M Deposit to Kraken

chest

The Pumpfun team has deposited $75 million to Kraken, raising concerns about cashout activities as total withdrawals reach $480 million.

user avatarSatoshi Nakamura

SpaceX Executes Major Bitcoin Transfer of 1,163 BTC

chest

SpaceX executed a significant Bitcoin transfer of 1,163 BTC, worth approximately 105 million, to a new wallet, marking one of the largest institutional crypto movements this month.

user avatarJesper Sørensen

SpaceComputer Secures $10 Million Funding for Satellite Blockchain

chest

SpaceComputer, a satellite blockchain startup, has raised $10 million in seed funding to develop orbital blockchain computing.

user avatarRajesh Kumar

Pumpfun Transfers 480 Million USDC to Kraken Amid Scrutiny

chest

Pumpfun has transferred 480 million USDC to Kraken, raising concerns about their treasury management strategies.

user avatarLucas Weissmann

Crypto Fear and Greed Index Plummets to 22, Signaling Extreme Investor Fear

chest

The Crypto Fear and Greed Index has dropped to 22, indicating extreme fear among cryptocurrency investors.

user avatarFilippo Romano

PrimeXBT Introduces Zero Trading Fees on 19 Popular Cryptocurrencies

chest

PrimeXBT expands its zero-fee initiatives, offering 0 trading fees on 19 popular cryptocurrencies during the Black Friday promotion.

user avatarEmily Carter

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.