{"id":1967,"date":"2025-01-25T08:39:58","date_gmt":"2025-01-25T08:39:58","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/trump-pardons-ross-ulbricht-creator-of-silk-road-drug-marketplace\/"},"modified":"2025-01-25T08:39:58","modified_gmt":"2025-01-25T08:39:58","slug":"trump-pardons-ross-ulbricht-creator-of-silk-road-drug-marketplace","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/trump-pardons-ross-ulbricht-creator-of-silk-road-drug-marketplace\/","title":{"rendered":"Trump Pardons Ross Ulbricht, Creator of Silk Road Drug Marketplace"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div data-testid=\"companionColumn-0\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">President Trump on Tuesday granted a pardon to Ross Ulbricht, the creator of the Silk Road drug marketplace and a cult hero in the cryptocurrency and libertarian worlds.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">In doing so, Mr. Trump fulfilled a promise that he made repeatedly on the campaign trail as he courted political contributions from the crypto industry, which spent <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2024\/11\/06\/technology\/crypto-industry-spending-election.html\" title=\"\">more than $100 million<\/a> to influence the outcome of the election. A Bitcoin pioneer, Mr. Ulbricht, 40, was <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2015\/05\/30\/nyregion\/ross-ulbricht-creator-of-silk-road-website-is-sentenced-to-life-in-prison.html\" title=\"\">sentenced<\/a> to life in prison without the possibility of parole in 2015, after he was convicted on charges that included distributing narcotics on the internet.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cI just called the mother of Ross William Ulbright to let her know,\u201d Mr. Trump wrote in a post on Truth Social, misspelling Mr. Ulbricht\u2019s name and making a reference to federal prosecutors in the Southern District of New York. \u201cThe scum that worked to convict him were some of the same lunatics who were involved in the modern day weaponization of government against me.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">In its nearly three years of existence, Silk Road, which operated in a shady corner of the internet known as the dark web, became an international drug marketplace, facilitating more than 1.5 million transactions, including sales of heroin, cocaine and other illicit substances. (The site <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2015\/02\/05\/nyregion\/man-behind-silk-road-website-is-convicted-on-all-counts.html\" title=\"\">generated over<\/a> $200 million in revenue, according to authorities.) In court, prosecutors claimed that Mr. Ulbricht had also solicited the murders of people whom he considered threats \u2014 but <a class=\"css-yywogo\" href=\"https:\/\/www.justice.gov\/usao-sdny\/pr\/silk-road-drug-vendor-who-claimed-commit-murders-hire-silk-road-founder-ross-ulbricht\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">acknowledged<\/a> there was no evidence that the killings took place.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-1\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Despite his crimes, Mr. Ulbricht has remained popular with crypto enthusiasts because Silk Road was one of the first venues where people used Bitcoin to buy and sell goods. For years, his supporters have argued that his sentence was overly punitive and adopted the slogan \u201cFree Ross\u201d online and at industry gatherings.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cIt\u2019s hard to argue that Ross Ulbricht wasn\u2019t the most successful and influential entrepreneur of the early Bitcoin era,\u201d said Pete Rizzo, an editor at the news publication Bitcoin Magazine. \u201cThis is the industry banding together and saying, \u2018We\u2019re going to reclaim our own.\u2019\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Ulbricht\u2019s pardon was eagerly anticipated by crypto enthusiasts. On Monday, after Mr. Trump <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/01\/20\/us\/politics\/trump-pardons-jan-6.html\" title=\"\">granted clemency to nearly 1,600 people<\/a> charged in connection with the Jan. 6 riot at the Capitol, Elon Musk, one of the president\u2019s biggest supporters, responded to a concerned post on X, <a class=\"css-yywogo\" href=\"https:\/\/x.com\/elonmusk\/status\/1881524296386031892\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">writing<\/a> that \u201cRoss will be freed too.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Ulbricht, who grew up in Austin, Texas, was arrested in 2013, after the F.B.I. tracked him down at a library in San Francisco. At his sentencing in Federal District Court in Manhattan two years later, a judge <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2015\/05\/30\/nyregion\/ross-ulbricht-creator-of-silk-road-website-is-sentenced-to-life-in-prison.html\" title=\"\">called<\/a> Mr. Ulbricht \u201cthe kingpin of a worldwide digital drug-trafficking enterprise\u201d and said that his actions were \u201cterribly destructive to our social fabric.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">At least six deaths were attributable to drugs bought on Silk Road, prosecutors said. Addressing the court, the father of one of the people who died said that \u201call Ross Ulbricht cared about was his growing pile of Bitcoins.\u201d<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-2\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">But the life sentence struck many observers as harsh. In 2017, the federal appeals court for the Second Circuit, in affirming Mr. Ulbricht\u2019s conviction, acknowledged the severe nature of the punishment.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cAlthough we might not have imposed the same sentence ourselves in the first instance,\u201d the court said, \u201con the facts of this case a life sentence was within the range of permissible decisions that the district court could have reached.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Ulbricht has been serving his sentence at a federal prison in Tucson, Ariz. Supporters in the crypto industry, <a class=\"css-yywogo\" href=\"https:\/\/freeross.org\/\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">in calling for his release<\/a>, have noted that he was convicted of a nonviolent crime and was never tried on prosecutors\u2019 most explosive allegation that he paid to have people killed. At a Bitcoin conference in Miami in 2021, Mr. Ulbricht\u2019s supporters played a recording of him speaking from prison.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cI had so many big dreams for Bitcoin,\u201d he said.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-3\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Last year, Mr. Trump embraced Mr. Ulbricht\u2019s cause on the campaign trail, first in a <a class=\"css-yywogo\" href=\"https:\/\/www.youtube.com\/watch?v=rlyDIVHC7iM\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">speech<\/a> at a libertarian event and later at an annual Bitcoin conference in Nashville. He doubled down on social media, <a class=\"css-yywogo\" href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/113402928440845044\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">posting<\/a> the hashtag #FreeRossDayOne on Truth Social, the site he owns.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-4\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">After the election, a message from Mr. Ulbricht posted on X <a class=\"css-yywogo\" href=\"https:\/\/x.com\/RealRossU\/status\/1856435917789245806\" title=\"\" rel=\"noopener noreferrer\" target=\"_blank\">said<\/a> he had \u201cimmense gratitude to everyone who voted for President Trump on my behalf.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cI can finally see the light of freedom at the end of the tunnel,\u201d the post said.<\/p>\n<p class=\"css-798hid etfikam0\">Benjamin Weiser<!-- --> contributed reporting.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.nytimes.com\/2025\/01\/21\/technology\/trump-ross-ulbricht-silk-road.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Trump on Tuesday granted a pardon to Ross Ulbricht, the creator of the Silk Road drug marketplace and a<\/p>\n","protected":false},"author":1,"featured_media":1968,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[172,174,175,173,114,180,177,178,113,179,176],"class_list":["post-1967","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-amnesties","tag-bitcoin-currency","tag-black-markets","tag-commutations-and-pardons","tag-donald-j","tag-ross-william","tag-sentences-criminal","tag-silk-road-web-site","tag-trump","tag-ulbricht","tag-virtual-currency"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trump Pardons Ross Ulbricht, Creator of Silk Road Drug Marketplace - World News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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