• 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

Bitcoin Accumulation Rises Despite Market Downturn

chest

Bitcoin accumulation rises among seasoned investors despite market downturn.

user avatarMaria Gutierrez

Tesla Stock Declines Amid xAI Safety Concerns

chest

Tesla's stock has been under pressure due to concerns about the safety and reliability of xAI's Grok AI tools, with shares falling 2% recently.

user avatarDavid Robinson

Federal Agencies Voice Concerns Over Elon Musk's xAI Tools

chest

Federal officials express concerns about the safety and reliability of Elon Musk's xAI tools, particularly regarding Grok's security and manipulation susceptibility.

user avatarAndrew Smith

Long-Term Bitcoin Holders Show Resilience Amid Market Weakness

chest

Long-term Bitcoin holders are showing strong conviction by refusing to sell despite ongoing market pressures.

user avatarZainab Kamara

Ethereum Signals Major Bullish Breakout

chest

Ethereum is showing signs of a significant upward movement after breaking out of a corrective price channel.

user avatarJacob Williams

Vitalik Buterin Unveils Ethereum's Ambitious Roadmap for Scaling

chest

Ethereum cofounder Vitalik Buterin has released a detailed technical roadmap aimed at increasing the network's transaction capacity by up to 1,000 times.

user avatarSon Min-ho

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.