Tuesday, July 15, 2025
HomeFinanceSilk Highway founder Ross Ulbricht acquired a full pardon from President Trump

Silk Highway founder Ross Ulbricht acquired a full pardon from President Trump

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fromcrypto – US President Donald Trump has granted a full and unconditional pardon to Ross Ulbricht, the founding father of Silk Highway, an underground on-line market recognized for illicit commerce. Ulbricht, 40, was serving a life sentence for facilitating unlawful bitcoin transactions value greater than $200 million.

Ulbricht's arrest in 2013 and subsequent conviction in 2015 marked a high-profile US prosecution that got here just some years after the appearance of the favored cryptocurrency. The Silk Highway platform was a hotspot for drug sellers and others concerned in unlawful actions.

The presidential pardon, introduced Tuesday, fulfills a marketing campaign promise made by the Republican president. In a press release on his social media platform Fact Social, Trump criticized these concerned in Ulbricht's conviction. He referred to them as β€œscum” and linked them to what he described because the β€œfashionable weaponization of the federal government” towards him.

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The pardon clears Ulbricht of his expenses, making it each full and unconditional, in accordance with President Trump's assertion.

This text was created with AI help and reviewed by an editor. See our T&C for extra data.

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