Silk Road Founder Ross Ulbricht Pardoned

President Trump Pardons Silk Road Founder Ross Ulbricht

• Ross Ulbricht, founder of Silk Road, was pardoned by President Trump.
• Ulbricht was convicted in 2015 for engaging in a criminal enterprise and distributing narcotics.
• He was sentenced to life in prison without the possibility of parole.
• The pardon fulfills a campaign promise made by Trump to the Libertarian Party.
• The announcement led to a rise in Bitcoin’s price shortly after the news broke.

President Trump’s pardon of Ross Ulbricht, who was serving a life sentence for his role in operating Silk Road, fulfills a campaign promise and has influenced Bitcoin’s market value.