Ross Ulbricht, the founder of the Silk Road dark web marketplace, has been granted a full and unconditional pardon by former U.S. President Donald Trump.

The move brings an end to Ulbricht’s life sentence, a punishment he received for creating and operating Silk Road, an online platform infamous for facilitating illegal activities. The pardon, viewed as a life-saving decision for Ulbricht, comes as a significant relief to his supporters and many in the crypto community who have long advocated for his release.

Despite Trump’s earlier promises during his campaign, the pardon had not been officially issued until now, leaving Ulbricht’s supporters anxiously waiting for this pivotal moment. The decision marks a turning point in a case that has sparked intense debate about justice, the limits of government surveillance, and the ethics of the dark web.

Betting platforms like Polymarket have shown high confidence, with a 99% chance that Trump would pardon Ulbricht within the first 100 days of his administration, indicating strong market belief in the fulfillment of Trump’s promise.

The crypto community, which has closely followed Ulbricht’s case due to Silk Road’s role in early Bitcoin adoption, remains optimistic about the impact of this development. Ulbricht’s release is expected to reignite discussions about the balance between innovation and regulation in the rapidly evolving crypto world.

The post Ross Ulbricht receives full pardon from Donald Trump appeared first on CryptoSlate.

Ross Ulbricht, the founder of the Silk Road dark web marketplace, has been granted a full and unconditional pardon by former U.S. President Donald Trump.

The move brings an end to Ulbricht’s life sentence, a punishment he received for creating and operating Silk Road, an online platform infamous for facilitating illegal activities. The pardon, viewed as a life-saving decision for Ulbricht, comes as a significant relief to his supporters and many in the crypto community who have long advocated for his release.

Despite Trump’s earlier promises during his campaign, the pardon had not been officially issued until now, leaving Ulbricht’s supporters anxiously waiting for this pivotal moment. The decision marks a turning point in a case that has sparked intense debate about justice, the limits of government surveillance, and the ethics of the dark web.

Betting platforms like Polymarket have shown high confidence, with a 99% chance that Trump would pardon Ulbricht within the first 100 days of his administration, indicating strong market belief in the fulfillment of Trump’s promise.

The crypto community, which has closely followed Ulbricht’s case due to Silk Road’s role in early Bitcoin adoption, remains optimistic about the impact of this development. Ulbricht’s release is expected to reignite discussions about the balance between innovation and regulation in the rapidly evolving crypto world.

The post Ross Ulbricht receives full pardon from Donald Trump appeared first on CryptoSlate.