Ross Ulbricht, the founder of Silk Road, was sentenced to life in prison in 2015 for drug trafficking, computer hacking, and money laundering.
Law enforcement said Ulbricht created the “most sophisticated and extensive criminal marketplace” on the internet.
President Donald Trump announced Tuesday on Truth Social that he had pardoned Texas native and Silk Road website founder Ross Ulbricht.
Donald Trump has granted a full pardon to Ross Ulbricht, the founder of online drug marketplace Silk Road who became a hero for America’s libertarian movement.
In 2015, a 31-year-old yoga enthusiast from Austin named Ross Ulbricht was found guilty of being the online drug kingpin “Dread Pirate Roberts.” Convicted on 7 counts, the judge sentenced him to life in prison. Trump pardoned Ulbricht on Tuesday and now he’s a free man after more than 10 years in custody.
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.
US President Donald Trump says he has signed a full and unconditional pardon for Ross Ulbricht, who operated Silk Road, the dark web marketplace where illegal drugs were sold. Ulbricht was convicted in 2015 in New York in a narcotics and money laundering conspiracy and sentenced to life in prison.
Ulbricht, 40, had been serving a life sentence on federal drug trafficking charges for setting up the illegal website.
Ross Ulbricht was found guilty in 2015 of creating and operating Silk Road, a hidden website where people bought and sold illegal drugs, as well as other unlawful goods and services.
Kraken has made a $111,111 BTC donation to the newly freed Ross Ulbricht. Wallets tied to him are rumored to be worth around $47 million.
Donald Trump's administration has reassigned about 20 senior career Justice Department attorneys, two sources familiar with the moves told Reuters, as the new president moves swiftly to shake up an arm of government that has long drawn his ire.