Home Stock Trump pardons Silk Road founder Ross Ulbricht

Trump pardons Silk Road founder Ross Ulbricht

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Investing.com — President Donald Trump has granted a full pardon to Ross Ulbricht, the founder of the dark-web marketplace, Silk Road. This action took place on the president’s second day back in the office. The decision to pardon Ulbricht was part of a series of promises Trump made to the cryptocurrency community during his campaign.

The announcement was made via a post on Trump’s Truth Social platform. The president stated that he had personally informed Ulbricht’s mother of the pardon, expressing his “pleasure” to sign it. He dedicated the act to her and the Libertarian Movement, which gave him strong support. Advocates of the Libertarian Movement have consistently maintained that Ulbricht’s sentence was a case of governmental overreach.

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This post appeared first on investing.com

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