Former US President Donald Trump has granted a full and unconditional pardon to Ross Ulbricht, the creator of the infamous dark web marketplace Silk Road. Ulbricht was sentenced to life in prison in 2015 for running Silk Road, which facilitated over $200 million in illicit drug and other illegal activities using bitcoin.
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“The scum that worked to convict him were some of the same lunatics who were involved in the modern day weaponization of government against me,” Trump said in a post on his social media platform Truth Social. Trump’s administration is expected to significantly reverse course on what had been a crackdown by regulators on the cryptocurrency sector during Democratic former President Joe Biden’s tenure.
Prosecutors said Ulbricht ran Silk Road under the alias Dread Pirate Roberts, a reference to a character in the 1987 movie “The Princess Bride,” and took extreme steps to protect the marketplace’s operation.
SILK ROAD ROSS ULBRICHT DONALD TRUMP PARDON BITCOIN
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