Trump pardons Silk Road creator Ross Ulbricht
US President Donald Trump has pardoned Ross Ulbricht, the founder of the Silk Road online drug market, after he spent 12 years in prison. Ulbricht was arrested in 2013 at age 29 and sentenced to life without parole for his involvement in Silk Road. His case has drawn support from the cryptocurrency community, which argues that he should not have been imprisoned for facilitating a marketplace where goods, both legal and illegal, could be exchanged. Although Ulbricht acknowledged his role, he disputed claims that he was the sole creator of Silk Road. Supporters have hailed him as a 'Bitcoin legend' for his contributions to the cryptocurrency's adoption, as Silk Road was one of the early platforms accepting Bitcoin for transactions, despite its illegal activities. Ulbricht maintained a presence in the crypto space through social media during his incarceration, and his release has reignited discussions about the intersection of cryptocurrency and regulatory authorities.
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