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Coin Edition 2025-01-22 11:50:00

Trump Pardons Ross Ulbricht, Ending Life Sentence for Silk Road Crimes

Trump Pardons Ross Ulbricht, Ending Life Sentence for Silk Road Crimes

Ross Ulbricht, founder of the Silk Road marketplace, has been released after over a decade in prison. Former President Donald Trump issued a full and unconditional pardon. The decision fulfills a campaign pledge and draws attention to cryptocurrency regulation debates. Ross Ulbricht, the founder of the infamous online black market Silk Road, has been released from federal prison following a full pardon from U.S. President Donald Trump. The decision fulfills the campaign promise made by Trump and ends Ulbricht’s life sentence stemming from his 2015 conviction on charges including drug trafficking, computer hacking, and money laundering. Silk Road: The Dark Web Marketplace The Silk Road operated from 2011 to 2013 as an anonymous marketplace on the dark web, facilitating over $200 million in transactions, largely for illicit goods. Users relied on Bitcoin for payments and the Tor network to conceal their identities. Prosecutors alleged that Ulbricht, operating under the alias “Dread Pirate Roberts,” oversaw the platform and took extreme measures to maintain its operation, including soliciting murders. However, no evidence of violence was found. … The post Trump Pardons Ross Ulbricht, Ending Life Sentence for Silk Road Crimes appeared first on Coin Edition .

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