President Trump Pardons Silk Road Creator Ross Ulbricht
- Ross Ulbricht, creator of Silk Road, was pardoned by President Trump after serving 10 years in prison.
- Ulbricht was originally sentenced to two life terms plus 40 years for running the darknet market.
- The pardon sparked celebrations in the Bitcoin community, which views Ulbricht as a symbol of market freedom.
- Key supporters included Tether CEO Paolo Ardoino and Rep. Thomas Massie of Kentucky.
- The U.S. government had seized about 174,000 BTC from Silk Road-related wallets.
President Trump’s full pardon of Ross Ulbricht ended his multiple life sentences for operating Silk Road, a platform that used Bitcoin for transactions. The decision was celebrated by many in the crypto community who have long advocated for his release due to perceived harsh sentencing.
Source (2.6)https://www.theblock.co/post/336332/ross-ulbricht-free
