• 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

AI-Powered Bot Flags Insider Trading on Polymarket

chest

A programmer developed an AI-powered bot that monitors Polymarket for suspicious trading activity, generating $75,000 in profits by identifying potential insider trades.

user avatarZainab Kamara

Technical Dynamics Amplify Bitcoin's Breakout

chest

As Bitcoin climbed above 90,000, a wave of short positions unwound, creating additional buying pressure and accelerating the rally.

user avatarSon Min-ho

SBI Remit Utilizes XRP for Cross-Border Transfers

chest

SBI Remit utilizes XRP through its On-Demand Liquidity model for efficient cross-border transfers, converting JPY into local currencies and enhancing capital efficiency.

user avatarAyman Ben Youssef

Flutterwave Acquires Mono to Enhance Open Banking Services

chest

Flutterwave has acquired Nigerian open banking startup Mono to enhance its digital financial services and integrate open banking infrastructure.

user avatarTando Nkube

Binance Announces Brevis Token Listing and Hodler Airdrop

chest

Binance has confirmed the listing of the Brevis BREV token and the launch of its Hodler Airdrop program, set for January 6, 2025.

user avatarKofi Adjeman

Turkey's Crypto Ecosystem Thrives Despite Security Concerns

chest

Turkey's cryptocurrency ecosystem is thriving, handling an estimated $300 million in daily trading volume despite recent security breaches.

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.