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Donald Trump pardons Silk Highway creator Ross Ulbricht

January 22, 2025
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President Donald Trump has pardoned Ross Ulbricht, the founding father of Silk Highway who was sentenced to life in jail after being discovered responsible of cash laundering, narcotics trafficking and pc hacking. “I simply known as the mom of Ross William Ulbright [sic] to let her know that in honor of her and the Libertarian Motion, which supported me so strongly, it was my pleasure to have simply signed a full and unconditional pardon of her son, Ross,” Trump stated in a submit on Fact Social.

Ulbricht has been serving a life sentence since 2015. Prosecutors alleged that the darkish internet market Ulbricht created was “utilized by hundreds of drug sellers and different illegal distributors to distribute a whole lot of kilograms of unlawful medicine and different illegal items and providers to nicely over 100 thousand consumers, and to launder a whole lot of tens of millions of {dollars} deriving from these illegal transactions.” Ulbricht was additionally accused of making an attempt to order assassinations of his perceived enemies, although prosecutors stated there was “no proof that these murders had been truly carried out.”

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The reprieve for Ulbricht comes after he tried, and failed, to attraction his sentence in 2017. Crypto fanatics, lots of whom supported Trump in the course of the 2024 election, have lengthy argued that his sentence was too harsh. Trump stated throughout his marketing campaign that he would commute Ulbricht’s sentence “on day one” if he was reelected.

This text initially appeared on Engadget at https://www.engadget.com/cybersecurity/donald-trump-pardons-silk-road-creator-ross-ulbricht-010206263.html?src=rss

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Disclaimer: Information found on cryptoreportclub.com is those of writers quoted. It does not represent the opinions of cryptoreportclub.com on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
cryptoreportclub.com covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023-2025 Cryptoreportclub. All Rights Reserved