• 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

Ongoing Cybersecurity Threats Highlighted by TRM Labs

chest

TRM Labs emphasizes the need for enhanced cybersecurity measures in crypto trading due to ongoing wallet draining operations revealing vulnerabilities in password management systems.

user avatarKaterina Papadopoulou

TRM Labs Identifies Major Laundering Operations Involving Wasabi Wallet

chest

TRM Labs has identified Wasabi Wallet as a significant player in laundering over $28 million in stolen cryptocurrency.

user avatarMaya Lundqvist

Lighter Opensources Audited Trading Circuits for Enhanced Transparency

chest

Lighter has open-sourced its audited zk circuits for spot and perpetual trading on Ethereum Layer 2 to enhance transparency and trust.

user avatarLeo van der Veen

US Treasury Secretary Advocates for Blockchain Regulatory Reforms

chest

US Treasury Secretary Scott Bessent emphasizes the need for regulatory reforms to enhance blockchain technology and stablecoins, aiming to modernize crypto regulation and improve capital market efficiency.

user avatarLi Weicheng

Hyderabad Police's Role in Coinbase Data Breach Arrest

chest

The arrest of a former Coinbase customer service agent by the Hyderabad Police highlights the critical role of global collaboration in combating cybercrime.

user avatarTenzin Dorje

Crypto Market Enters a Quiet Phase as Traders Await Signals

chest

The crypto market is experiencing a calm period as traders await clear signals before acting.

user avatarAisha Farooq

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.