• 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

10 months 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

Significant Gains in Altcoins Despite Major Cryptocurrency Declines

chest

Several altcoins, including Echelon Prime and pippin, see impressive price increases amidst the decline of major cryptocurrencies.

user avatarSon Min-ho

Mono Protocol Releases Update on Stage 19 Presale Participation

chest

Mono Protocol has released a participation update for Stage 19 of its presale, reporting stable activity and consistent interest.

user avatarAyman Ben Youssef

Bank of Japan Signals Interest Rate Hike, Impacting Global Bond Markets

chest

The Bank of Japan hints at an interest rate hike, leading to a rise in global bond yields.

user avatarTando Nkube

Pat Gelsinger Removed as CEO of Intel Amidst Strategy Disagreements

chest

Pat Gelsinger has been removed as CEO of Intel due to disagreements with the board over the company's turnaround strategy.

user avatarKofi Adjeman

Dogecoin Whale Activity Drops to 60-Day Low

chest

Dogecoin whale activity has dropped to a 60-day low, with high-value transactions falling from 38 to just four, raising concerns about the sustainability of recent price movements.

user avatarNguyen Van Long

Pi Network's Unique Approach to Social Applications

chest

Chengdiao Fan explained how Pi Network is building social applications powered by crypto incentives, focusing on developing features that differentiate from traditional Web2 applications.

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.