Silkroad Marketplace

Ross Ulbricht, founder of Silk Road, was granted a full pardon by President Trump after 11 years in prison. He expressed gratitude for his release and is now focused on reuniting with his family and rebuilding his life.

Filmmakers Jonah Tulis and Blake J. Harris interviewed Ross Ulbricht for over 60 hours, exploring the story of the Silk Road founder who became a libertarian and crypto icon. After serving years of a life sentence, Ulbricht’s fate changed when former President Trump commuted his sentence on 21 January. With an upcoming documentary, is a fresh start on the horizon?

Donald Trump granted a full pardon to Ross Ulbricht, the Silk Road founder, after over ten years in prison. The pardon was announced on 22 January, fulfilling Trump’s campaign promise.

Ross Ulbricht has yet to receive commutation for his prison sentence from President Donald Trump, dashing hopes from advocates, in the immediate term, to set the notorious figure free. It is still unclear whether Trump intends to keep to his word to pardon or commute Ulbricht's sentence in the coming week. But it seems that fans are still optimistic.

The value of ROSS memecoin surged after speculation that President-elect Trump might pardon Ross Ulbricht, the Silk Road creator. The coin’s rise reflects growing support for Ulbricht's release, with traders betting on a potential presidential commutation.

El Salvador continues to buy Bitcoin, including a recent purchase of 11 BTC, increasing its total holdings to over 6,000 BTC. President Bukele has also expressed interest in acquiring Bitcoin seized by the U.S. government, further solidifying the country’s commitment to cryptocurrency.

Ross Ulbricht, the founder of the Silk Road, hopes for a presidential pardon from Donald Trump, who previously promised to commute his life sentence. Despite past unfulfilled pledges, Ulbricht’s supporters remain hopeful, while others question whether Trump will act on his previous commitments.

The US DOJ has charged Maximiliano Pilipis, the operator of crypto exchange AurumXchange, with money laundering and tax offenses. Alongside laundering allegations, Pilipis faces charges for failing to file tax returns on income earned in 2019 and 2020.

After announcing the acceptance of crypto donations, Donald Trump continues to reaffirm his love for crypto while throwing shade at Joe Biden and declaring he would commute Silk Road’s founder’s life sentence. But advocates warn of politicians’ pro-crypto u-turn; is it all just a ploy to gain votes?

Approximately 69,370 Bitcoin was forfeited.