Ross William Ulbricht, the founder of the illicit online marketplace Silk Road, has been pardoned by former President Donald Trump. Ulbricht had been sentenced to life in prison in 2015 for charges including drug distribution and money laundering. Silk Road was an anonymous website that allowed users to purchase illegal goods using Bitcoin. The case caught the attention of the crypto community, who argued that Silk Road demonstrated the potential of Bitcoin as a censorship-resistant form of online commerce. Trump's decision to pardon Ulbricht was seen as a move to gain support from the crypto industry.



Other News from Today