• 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

Speculation on US Bitcoin Reserve Revived by Market Commentator

chest

Jim Cramer's remark about a potential US Bitcoin Reserve at $60,000 has reignited discussions in the crypto community.

user avatarLucas Weissmann

CryptoQuant Founder Analyzes Bitcoin Market Dynamics

chest

Ki Young Ju, the founder of CryptoQuant, analyzes Bitcoin's market dynamics, stating it is not pumpable due to the divergence between Market Cap and Realized Cap.

user avatarFilippo Romano

EU Moves to Sanction Russian Crypto Transactions

chest

The European Commission is taking steps to prohibit all crypto transactions with Russia to prevent sanctions evasion.

user avatarEmily Carter

Binance Records Largest Ethereum Withdrawals Since August 2022

chest

On February 5, 2023, Binance experienced significant Ethereum withdrawals, with daily net outflows reaching approximately 158,000 ETH, marking the largest withdrawal event since August 2022.

user avatarKaterina Papadopoulou

Critical Support Zone for Bitcoin Emerges Amid Market Decline

chest

Critical support zone for Bitcoin emerges amid market decline, indicating potential bearish phase.

user avatarTomas Novak

Cango's Strategic Shift to AI Computing

chest

Cango is making a strategic pivot into AI computing while continuing its Bitcoin mining operations.

user avatarMaya Lundqvist

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.