Saturday, October 18, 2025
No Result
View All Result
Blockchain Broadcast
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • NFT
  • Blockchain
  • Metaverse
  • DeFi
  • Web3
  • Analysis
  • Regulations
  • Scam Alert
Crypto Marketcap
Blockchain Broadcast
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • NFT
  • Blockchain
  • Metaverse
  • DeFi
  • Web3
  • Analysis
  • Regulations
  • Scam Alert
No Result
View All Result
Blockchain Broadcast
No Result
View All Result

Trump Pardons Silk Road Founder Ross Ulbricht

January 22, 2025
in Altcoin
Reading Time: 2 mins read
0 0
A A
0
Home Altcoin
Share on FacebookShare on Twitter


President Donald Trump introduced on Tuesday that he has granted a Presidential Pardon to Ross Ulbricht founding father of Silk Highway. 

Silk Highway is a Bitcoin-powered darkish internet market shut down by the FBI in 2013 over accusations of facilitating cash laundering, Drug peddling, and all method of illicit actions. 

“I simply known as the mom of Ross William Ulbricht 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 wrote on his Fact Social platform. 

Donald Trump made a promise to the crypto neighborhood throughout his marketing campaign days to free Ross Ulbricht who he believes was unjustly sentenced to 2 life sentences. 

He fulfilled that promise yesterday including to a number of pro-crypto steps his administration has taken in its first few days. 

The Free Ross Motion 

The Free Ross motion is a marketing campaign advocating for the discharge of Ross Ulbricht, the founding father of the darknet market Silk Highway. 

The motion argues that Ulbricht’s life sentence with out parole, handed down in 2015, is excessively harsh and requires clemency or a discount in his sentence. 

Ross was arrested in October 2013 and, in 2015, convicted on prices together with conspiracy to commit cash laundering, laptop hacking, and drug trafficking. He was sentenced to 2 life phrases plus 40 years with out the opportunity of parole. 

Over 630,000 folks have signed the petition on FreeRoss.org, calling on U.S. presidents to grant Ulbricht clemency.

The petition emphasizes justice reform, contrasting Ulbricht’s punishment with leniency for others who dedicated worse crimes. 

The Free Ross motion was closely promoted by celebrities and high crypto voices which led to the motion going mainstream. 

A Promise Saved 

Donald Trump fulfilled his promise of pardoning Ross Ulbricht on his first day in workplace. The forty seventh president of the US pledged in remarks to the Libertarian Get together’s nationwide conference in Washington, DC, to commute Ulbricht’s sentence instantly upon taking workplace.

In case you vote for me, on Day 1 I’ll commute the sentence of Ross Ulbricht to a sentence of time served,” Trump stated on the time. “He’s already served 11 years. We’re going to get him residence.” 

The Libertarian Nationwide Committee Chair Angela McArdle acknowledged and celebrated the announcement by Trump yesterday calling Ulbricht a libertarian political prisoner for greater than a decade. 

The Silk Highway was utilized by dangerous actors to promote onerous medication, launder cash, and commit all method of illicit actions. 

The Web site obtained funds in Bitcoin and amassed almost 1 million customers internationally. It was shut down by the FBI in 2013. 



Source link

Tags: FounderPardonsRoadRossSilkTrumpUlbricht
Previous Post

Major Regulatory Developments in Crypto: BitMEX, IRS, and SEC Updates

Next Post

Guide to Launching a Memecoin in 2025: Insights and Steps

Related Posts

New BitDegree Mission: Explore Ogvio’s Upcoming Features
Altcoin

New BitDegree Mission: Explore Ogvio’s Upcoming Features

October 17, 2025
Market’s pulling back
Altcoin

Market’s pulling back

October 18, 2025
Barnaby’s New Bill Targets Crypto Use in State Trust Funds
Altcoin

Barnaby’s New Bill Targets Crypto Use in State Trust Funds

October 18, 2025
Pinterest Rolls Out Tools to Limit AI-Generated Pins
Altcoin

Pinterest Rolls Out Tools to Limit AI-Generated Pins

October 17, 2025
Terry Tran Sues to Block Semler & Strive’s Bitcoin Merger
Altcoin

Terry Tran Sues to Block Semler & Strive’s Bitcoin Merger

October 16, 2025
BlackRock to Embrace Tokenized Assets, Says CEO Larry Fink
Altcoin

BlackRock to Embrace Tokenized Assets, Says CEO Larry Fink

October 16, 2025
Next Post
Guide to Launching a Memecoin in 2025: Insights and Steps

Guide to Launching a Memecoin in 2025: Insights and Steps

Top Blockchain Skill Paths in 2024

Top Blockchain Skill Paths in 2024

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Facebook Twitter Instagram Youtube RSS
Blockchain Broadcast

Blockchain Broadcast delivers the latest cryptocurrency news, expert analysis, and in-depth articles. Stay updated on blockchain trends, market insights, and industry innovations with us.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3
No Result
View All Result

SITEMAP

  • About Us
  • Advertise With Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2024 Blockchain Broadcast.
Blockchain Broadcast is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$106,881.000.05%
  • ethereumEthereum(ETH)$3,892.981.27%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$1,096.231.83%
  • rippleXRP(XRP)$2.372.30%
  • solanaSolana(SOL)$185.890.62%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$3,888.581.37%
  • tronTRON(TRX)$0.3143241.56%
  • dogecoinDogecoin(DOGE)$0.1897212.32%
No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • NFT
  • Blockchain
  • Metaverse
  • DeFi
  • Web3
  • Analysis
  • Regulations
  • Scam Alert

Copyright © 2024 Blockchain Broadcast.
Blockchain Broadcast is not responsible for the content of external sites.