• 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

Buterin Highlights the Importance of Decentralized Stablecoins

chest

Buterin emphasizes the need for stronger decentralized stablecoins to achieve financial independence within the Ethereum network.

user avatarMaya Lundqvist

WPA Hash Simplifies Cloud Mining for XRP Investors

chest

WPA Hash's cloud mining model simplifies the mining process for XRP investors by removing the need for hardware and technical expertise.

user avatarTomas Novak

Pocket Broker Launches Exciting Trading Race Competition

chest

Pocket Broker has launched Trading Race, a trading competition inspired by Formula 1, offering traders worldwide the chance to win prizes.

user avatarKaterina Papadopoulou

US SEC Reduces Cryptocurrency Enforcement Actions in 2025

chest

The US Securities and Exchange Commission has significantly decreased its cryptocurrency-related enforcement actions in 2025, marking a shift in regulatory priorities.

user avatarLeo van der Veen

'Whally's Deep Sea Clicker' Game Launches on Telegram

chest

The first game associated with WHALLY, titled 'Whally's Deep Sea Clicker', is now live on Telegram.

user avatarLi Weicheng

Qtum Announces Platinum Sponsorship for Hong Kong Web3 Festival 2026

chest

Qtum has been announced as the Platinum Sponsor for the upcoming Hong Kong Web3 Festival 2026.

user avatarAisha Farooq

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.