In 2015, a federal judge in Manhattan sentenced Ulbricht to life in prison for drug trafficking, computer hacking and money laundering.
The president granted the unconditional release of the online drug impresario as a favor to libertarians and cryptocurrency partisans.
President Donald Trump granted a pardon to Silk Road marketplace founder Ross Ulbricht, a promise he made to the cryptocurrency industry during his campaign.
President Donald Trump on Tuesday evening said he issued a full and unconditional pardon to Ross Ulbricht, the founder of the dark web Silk Road marketplace for illicit drugs.
President Donald Trump announced Tuesday on Truth Social that he had pardoned Texas native and Silk Road website founder Ross Ulbricht.
Ulbricht, who was convicted of running an anonymous online drug marketplace, became a hero to crypto-holders everywhere. What does his pardon signal for the future of the technology?
NEWLY-INAUGURATED US President Donald Trump has given the founder of dark web marketplace Silk Road a full and unconditional pardon. The decision has saved Ross Ulbricht from serving two life
President Donald Trump has pardoned Ross William Ulbricht, who created the infamous dark web marketplace Silk Road and was serving a life sentence.
Ulbricht was given two life sentences, plus 40 years for running a site that allegedly facilitated $183m in drug sales.
President Trump has signed a “full and unconditional” pardon for Silk Road foudner and operator Ross Ulbricht. Silk Road was a notorious dark web marketplace selling illegal drugs, hacking tools and stolen passports during its operation between 2011 and 2013.
Ulbricht operated the anonymous digital marketplace known as Silk Road when law enforcement arrested him. The pardon fulfills a campaign pledge Trump made to Ulbricht's Libertarian supporters.
President Trump announced that he signed a full pardon for Ross Ulbricht, the Silk Road founder who was sentenced to life in prison.