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

Trump’s Unexpected Move: Pardon for Silk Road Creator

user avatar

by Giorgi Kostiuk

a year ago


On January 21, 2025, former US President Donald Trump unexpectedly pardoned Ross Ulbricht, the creator of the notorious Silk Road platform. The decision immediately sparked considerable debate.

A Controversial Platform and Its Creator

Silk Road emerged on the dark web to enable sales through cryptocurrencies like Bitcoin. As 'Dread Pirate Roberts,' Ross Ulbricht managed the platform, providing users with means for anonymous trade in prohibited goods. His arrest in October 2013 highlighted challenges faced by law enforcement in policing decentralized networks beyond traditional jurisdiction.

Legal Battle and Sentencing

In February 2015, Ulbricht was convicted of several serious charges, including drug trafficking, money laundering, and computer hacking. He was sentenced to two life terms plus 40 additional years. Many considered the sentence overly harsh for a non-violent first-time offender.

Trump’s Decision

President Trump announced Ulbricht's pardon on his Truth Social platform, citing promises made during his campaign. This move was celebrated by the Libertarian movement, which had long advocated for Ulbricht's release, deeming his prosecution an example of excessive government interference.

Ross Ulbricht's pardon highlights shifting views on accountability for actions in digital environments. This case continues to provoke discussions on regulations and ethics at the intersection of progress, legislation, and personal freedom.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

SEC Sets Conditions for Broker-Dealers on Crypto Asset Custody

chest

The SEC has specified five conditions under which it would not recommend enforcement action against broker-dealers for taking physical possession of customer crypto asset securities.

user avatarSon Min-ho

TORICO's Comprehensive Digital Asset Management Framework

chest

TORICO plans to establish a comprehensive digital asset management and operational framework before they begin to purchase ETH starting in January 2026.

user avatarTando Nkube

TORICO's Strategic Move to Purchase ETH Signals Major Institutional Shift

chest

TORICO announces plans to purchase ETH worth 3 million starting in January 2026, marking a significant corporate cryptocurrency commitment.

user avatarAyman Ben Youssef

Implications of TORICO's ETH Purchase for Institutional Adoption

chest

TORICO's decision to purchase ETH signals a maturing market for institutional cryptocurrency adoption.

user avatarKofi Adjeman

Tether Processes $156 Billion in Small-Value USDT Payments

chest

Tether has processed an impressive $156 billion in small-value transactions under $1,000 this year, indicating a significant shift in global payment methods.

user avatarJesper Sørensen

USDT Payments Revolutionizing Global Finance

chest

USDT is becoming a foundational layer for a new, more inclusive global economy, with daily volumes exceeding $500 million. This trend is transforming USDT from a trading tool into an essential financial service.

user avatarSatoshi Nakamura

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.