President Trump Pardons Ross Ulbricht
- Regulation
- Bitcoin
- Culture
President Trump granted a full and unconditional pardon to Ross Ulbricht, founder of the Silk Road marketplace, fulfilling a key campaign promise to libertarians and crypto advocates who viewed his life sentence as excessive. The pardon came just one day after Trump's inauguration and sparked widespread celebration among supporters while drawing criticism from others over Ulbricht's convictions related to drug trafficking and money laundering. The move symbolized a major victory for crypto advocates pushing for criminal justice reform in the digital asset space.