On the 21st (local time), Cointelegraph reported that Trump kept his promise to pardon darknet marketplace shill, who had spent 12 years in prison.
Trump also reported that he had granted a full pardon to Ross Ulbricht, founder of Claude Moss. On the same day, Trump also posted a statement on his social media platform, Truth.
"I just called Ross William Ulbricht's mother and she told me with the happy news that she has signed a document completely and unconditionally pardoning her son Ross," he wrote in a statement to Social.
The president also called Ulbricht's 40-year prison sentence, plus two life sentences, "an outrageous punishment." Ulbricht was arrested in 2013 and
Ulbricht was sentenced to life without parole in 2015 in connection with the operation and founding of Silk Road. Ulbricht's release came as Trump spoke out against the cryptocurrency community during his presidential campaign.
This was one of many promises he made, including that if he was re-elected, he would pardon the Silk Road founder on his first day in office. The cryptocurrency community was in a state of turmoil for a variety of reasons.
He has long been calling for Ulbricht's release. According to Cointelegraph, some Bitcoin advocates support his release due to his contributions to the adoption of Bitcoin.
Silk Road was one of the first P2P exchanges to use BTC as a means of payment, even if for illegal purposes.
Ulbricht launched Silk Road in 2011 and is believed to have contributed to the early adoption of Bitcoin.
Bitcoin experienced its first upswing, hitting a then-high of $32 in June. Amir al-Taki, a developer of the Bitcoin project,
Taaki said on the X-Platform, "I owe everything to Ross Ulbricht. Cryptocurrency changed my life. He made the ultimate sacrifice and we all deserve it."
"I'm a beneficiary of his work," he said, adding that it was thanks to him that cryptocurrencies were able to get so big.
Draper also supported Ulbricht's release in 2019, arguing that the United States needs entrepreneurs like him.
2025/01/22 14:50 KST
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