In 2021, Ulbricht's prosecutors and defense agreed that Ulbricht would relinquish any ownership of a newly discovered fund of 50,676 Bitcoin (worth nearly $5.35 billion in 2025) seized from a hacker in November 2021. [79] The Bitcoin had been stolen from Silk Road in 2013, and Ulbricht had been unsuccessful in getting them back.

Jan 26, 2025 · “And Ross has, in the past, apologized because he’s not certain—nor am I—whether Silk Road was a net positive for bitcoin.” But freeing Ulbricht remained a big issue for libertarians ...

Jan 22, 2025 · In a landmark decision that sent waves through the Bitcoin community, President Donald Trump has granted a full and unconditional pardon to Ross Ulbricht, the creator of the Silk Road darknet marketplace. Delivered on January 21, 2025—one day later than his campaign promise—this pardon goes beyond merely commuting Ulbricht’s sentence.

Jan 22, 2025 · U.S. President Donald Trump on Tuesday pardoned Silk Road founder Ross Ulbricht, who was sentenced to life in prison for running an underground online marketplace where drug dealers and others ...

Jan 22, 2025 · Ross Ulbricht's Bitcoin holdings, as confiscated by authorities, amounted to approximately 144,000 BTC. At the time of the seizure in 2013, this amount was worth around $28.5 million.

Jan 22, 2025 · A Bitcoin pioneer, Mr. Ulbricht, 40, was sentenced to life in prison without the possibility of parole in 2015, after he was convicted on charges that included distributing narcotics on the internet.

Jan 23, 2025 · Ross Ulbricht, the founder of the Silk Road, the very first dark-web drug-trading network, certainly was. ... Carl Mark Force IV, who was using his knowledge of the case to extort bitcoin from Mr ...

Jan 23, 2025 · The Coins · Bitcoin. Crypto crime lord Ross Ulbricht gets a pardon—but his fortune is gone after the U.S. auctioned off his Bitcoins in 2014 for just $334 each. BY Jeff John Roberts.

Jan 23, 2025 · Fortune sent an email to an address posted on the Ulbricht family’s Free Ross page, asking whether Ulbricht has additional Bitcoin or if he plans to file a legal claim to reverse the forfeiture ...

Apr 22, 2022 · Ross Ulbricht, the convicted creator of the legendary Silk Road dark web market for drugs, has never gotten much mercy from the US legal system. In 2015, he was sentenced to life in prison...