Ross Ulbricht, the founder of the Silk Road darknet marketplace, has been pardoned by President Donald Trump. In a post on Truth Social, Trump announced that he signed a full and unconditional pardon for Ulbricht, who was serving a life sentence without the possibility of parole following his 2015 conviction for charges including engaging in a continuing criminal enterprise and distributing narcotics. Trump's pardon is seen as a fulfillment of his campaign promise to the crypto community. The news of Ulbricht's pardon was followed by a spike in the price of bitcoin, suggesting positive market sentiment towards the development. The Silk Road case remains controversial, with supporters arguing that Ulbricht merely provided a platform for transactions rather than engaging in illegal activities himself.

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