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Breaking News: Trump Pardons Silk Road Founder Ross Ulbricht
In a surprise move, US President Donald Trump has granted a full pardon to Ross Ulbricht, the founder of the infamous Silk Road marketplace. Ulbricht, 40, was serving a double life sentence plus 40 years for creating and operating the platform, which facilitated the sale of illicit goods and services using Bitcoin.
A Decade of Imprisonment Ends
Ulbricht's pardon marks the end of a decade-long imprisonment. His case had become a landmark in the crypto and legal worlds, sparking debates about government overreach and the future of cryptocurrency.
Trump Fulfills Campaign Promise
Trump's pardon fulfills a campaign promise to release Ulbricht, whose case had garnered significant attention from the Libertarian Party and crypto advocates.
The Silk Road Legacy
The Silk Road platform operated from 2011 to 2013, hosting over 100,000 users and facilitating transactions worth approximately $214 million. The FBI seized 69,370 Bitcoins, now valued at over $6 billion, during the platform's dismantling.
A New Chapter for Ross Ulbricht
With his pardon, Ross Ulbricht can finally begin rebuilding his life. His mother, Lyn