Bitcoin soars to $108,899 on inauguration day, followed by Ross Ulbricht’s pardon, new SEC crypto regulations, legislative advances by Senator Lummis, and a violent attack on a Ledger wallet founder.
Ross Ulbricht, behind bars for 11 years, had been serving a double life sentence for his role in the dark web marketplace where illicit activities
U.S. President Donald Trump on Tuesday pardoned Silk Road founder Ross Ulbricht, who was sentenced to life in prison for running an underground online marketplace where drug dealers and others conducted more than $200 million in illicit trade using bitcoin.
Silk Road founder Ross Ulbricht expressed his heartfelt gratitude to President Trump on Thursday in his first public remarks since receiving the commander in chief’s pardon that freed him from a life sentence.
Ross Ulbricht was serving a life sentence for creating a site in a shady corner of the internet to sell heroin, cocaine and other illicit substances.
Fulfilling a campaign promise to libertarians and the bitcoin community, the Silk Road founder's life sentence without parole is now over.
Bitcoin is up nearly 5% after Donald Trump granted a full and unconditional pardon to Ross Ulbricht, the creator of darkweb marketplace Silk Road.
Libertarian activists, who generally oppose criminal drug policies, argued the government overreached in building its case against Ross Ulbricht and the dark web marketplace Silk Road.
Donald Trump, the President of the USA, pardoned the founder of a website who was sentenced to double life imprisonment. This website allowed users to buy drugs and other illegal services, including hiring hitmen,
Silk Road founder Ross Ulbricht shares gratitude for Trump’s pardon after serving 11 years of a life sentence.
According to Arkham Intelligence, his wallet address has received 2.62 BTC, approximately $272,000, which includes the Kraken donation. Another address associated with Ulbricht has collected $4,615 in Ethereum, USDC, Tether (USDT), and Binance Coin (BNB).