• 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 A1

3 hours 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

Share

Other news

Tatadex: Introducing Easy Mode for Futures Trading

Tatadex launches Easy Mode, simplifying onchain futures trading for beginners with user-friendly features like Smart Deposit.

user avatarA1

a minute ago

PEPETO and Justin Sun: Perspectives on the Crypto Market

Cryptocurrencies gain new momentum: PEPETO rises with a new bridge, and Justin Sun advocates for long-term investment.

user avatarA1

2 minutes ago

Promising Cryptocurrencies: Rollblock, Hedera Hashgraph, and Hyperliquid

Exploring new crypto projects: Rollblock in online gambling, Hedera Hashgraph, and finance-centric Hyperliquid.

user avatarA1

3 minutes ago

Lightchain AI: Revolutionizing the Crypto World of 2025

Lightchain AI merges AI and blockchain to revolutionize the crypto world.

user avatarA1

3 minutes ago

Shiba Inu and XRP Face Threat: New Player in the TON Ecosystem

Shiba Inu and XRP face a new challenge from Elluminex in the TON ecosystem, promising significant changes in DeFi.

user avatarA1

3 minutes ago

Important: XRPScan's Warning on Dubious XRPL Account

XRPScan advises thorough checks on alleged government-related account on XRP Ledger amid recent speculations.

user avatarA1

3 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

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.