President Donald Trump has unconditionally pardoned Bitcoin pioneer and creator of dark web marketplace Silk Road, Ross Ulbricht. Fulfilling one of his many campaign promises, Trump announced the pardon in a Truth Social post Tuesday evening,

Bitcoin hit a new high as President Donald Trump made big moves after his inauguration—like freeing Silk Road founder Ross Ulbricht.

The news doesn't come as a surprise, however. Trump committed to the first-day pardoning of Ulbricht when speaking at the Libertarian National Convention in May 2024. The President said the decision to pardon the Silk Road founder was "in honor" of Ulbricht's mother, who had campaigned for his release.

Bitcoin soars to $108,899 on inauguration day, followed by Ross Ulbricht’s pardon, new SEC crypto regulations, legislative advances by Senator Lummis, and a violent attack on a Ledger wallet founder.

NEWLY-INAUGURATED US President Donald Trump has given the founder of dark web marketplace Silk Road a full and unconditional pardon. The decision has saved Ross Ulbricht from serving two life

President Trump has signed a “full and unconditional” pardon for Silk Road foudner and operator Ross Ulbricht. Silk Road was a notorious dark web marketplace selling illegal drugs, hacking tools and stolen passports during its operation between 2011 and 2013.

Bitcoin hit a record high above $109,000 on Monday as Donald Trump, who has signalled plans to deregulate the cryptocurrency sector, prepares to be sworn in as US president.

Donald Trump has pardoned the creator of the Silk Road, Ross Ulbricht. The Silk Road operated on the dark web from 2011 to 2013 selling drugs, weapons and other illicit goods anonymously. Trump says he has pardoned Ulbricht in honour of his mother and the Libertarian Movement.

Elon Musk said Tuesday he was exploring a presidential pardon for "Bitcoin Jesus," who was arrested last year on fraud and tax evasion charges, after applauding Donald Trump for exonerating the founder of a dark web drug marketplace.

Ulbricht operated the anonymous digital marketplace known as Silk Road when law enforcement arrested him. The pardon fulfills a campaign pledge Trump made to Ulbricht's Libertarian supporters.

A presidential pardon for Silk Road founder Ross Ulbricht has sent expectations soaring that Trump will follow through on his campaign promise to create a U.S. bitcoin

In one of his first actions after starting his second term as US President, Donald Trump has issued a pardon for Ross Ulbricht, the creator of the dark web marketplace Silk Road.