• 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

4 months 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

Cloud Mining in 2025: An Overview of Relevance and Opportunities with WinnerMining

Cloud mining is gaining popularity in 2025. Learn about the advantages and opportunities of the WinnerMining platform.

user avatarGiorgi Kostiuk

2 minutes ago

New Bybit Event: 10,000 USDT Giveaway for P2P Block Trading Users

Bybit announces a new 10,000 USDT giveaway for its P2P block trading participants from May 8 to July 11, 2025.

user avatarGiorgi Kostiuk

2 minutes ago

Meta Resumes Interest in Stablecoins After Three-Year Break

Meta is considering integrating stablecoins into its products, despite previous challenges with launching Libra.

user avatarGiorgi Kostiuk

4 minutes ago

Flowing into the Future: How Institutional Investments Shape the Crypto Market

Recent data shows a rise in inflows to US spot Bitcoin ETFs, indicating a restoration of confidence from institutional investors.

user avatarGiorgi Kostiuk

4 minutes ago

Cryptocurrency Surge: Ethereum, Bitcoin, and Pepe Experience Major Price Increases

Ethereum rises 25%, Bitcoin maintains growth, and Pepe sharply increases in price. Key trends and technical analysis.

user avatarGiorgi Kostiuk

5 minutes ago

Super App by Musk and Altman: Competition in the Digital Space

Elon Musk and Sam Altman are competing to create a super app in the West, focusing on AI and payments.

user avatarGiorgi Kostiuk

18 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.