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

Ross Ulbricht's Release: Trump Follows Through on Promise

user avatar

by Giorgi Kostiuk

a year ago


Ross Ulbricht, the creator of the infamous Silk Road marketplace, has been pardoned by President Trump. This event raises questions about the boundaries of personal freedom and state control.

Who is Ross Ulbricht?

Ross William Ulbricht is an American libertarian known for creating the largest online marketplace for illegal drugs in history, Silk Road. Born on March 27, 1984, he operated his platform on the dark web using the TOR network, which allowed users to remain anonymous.

The marketplace generated $214 million in sales through Bitcoin between January 2011 and October 2013.None

Ross' Journey as Creator of Silk Road

Silk Road, launched in early 2011 by Ross Ulbricht as Dread Pirate Roberts, operated on the dark web, enabling anonymous transactions. The FBI commenced investigation upon uncovering links between the site and drug shipments. In October 2013, Ulbricht was apprehended in San Francisco when the FBI conducted a seizure, unveiling his logged-in account under the infamous pseudonym.

Most customers were attracted through forums related to magic mushrooms and Bitcoin, where Silk Road was described as 'an anonymous amazon.com.'None

Why Did Donald Trump Pardon Ross Ulbricht?

Trump pardoned Ulbricht, fulfilling a campaign promise made to his libertarian supporters, who viewed Ulbricht's case as a prime example of government overreach.

Trump stated in his post that the government used modern pressure tactics against them.None

Trump's election victory and Ulbricht's subsequent pardon are precursors to an era where majority principles might overshadow the rule of law.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Port3 Network Commits to Burning Tokens to Offset Hack Impact

chest

Port3 Network has committed to burning 16,275 million tokens to offset the unauthorized minting from the hack.

user avatarZainab Kamara

Coinone Delists PORT3 Following Security Breach

chest

Coinone has delisted PORT3 on January 26, 2025, in response to the security breach and subsequent token migration.

user avatarSon Min-ho

Elon Musk's Legal Battle with OpenAI Continues

chest

Elon Musk sues OpenAI CEO Sam Altman over the company's for-profit conversion.

user avatarDavid Robinson

Judge Hints at Dismissal of xAI's Lawsuit Against OpenAI

chest

US District Judge Rita Lin hints at the potential dismissal of xAI's lawsuit against OpenAI, which accused the latter of stealing trade secrets.

user avatarAndrew Smith

Ethereum Price Prediction Suggests Further Downside Risk

chest

Crypto expert Jacob Crypto Bury predicts that Ethereum may face additional declines before a recovery occurs.

user avatarMaria Gutierrez

Changpeng Zhao Acknowledges Retail Trader Strategies in Viral Tweet

chest

Changpeng Zhao acknowledges the limitations of the buy-and-hold strategy for cryptocurrencies, aligning with retail trader strategies.

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.