President Donald Trump announced a “full and unconditional pardon” of Silk Road drug marketplace founder Ross Ulbricht, who was serving two life sentences in prison for charges including narcotics distribution,

On Wednesday, the price of bitcoin jumped to more than $104,000, following Donald Trump’s announcement of a presidential pardon for Silk Road and bitcoin-libertarian folk hero Ross Ulbricht. The digital asset community also eagerly anticipated a flood of crypto executive orders that would overturn years of perceived regulatory slights.

Cryptocurrency enthusiasts welcomed President Trump’s pardoning of Ross Ulbricht, who had been serving a life sentence without parole for running underground drug bazaar Silk Ro

Ulbricht, 40, was about 10 years into his life sentence for helming an online black market where drug dealers, money launderers, and traffickers used bitcoins to mask more than $214 million in illicit trades. (Ars thoroughly documented the Silk Road saga here .)

Silk Road founder Ross Ulbricht is free after President Donald Trump pardoned him. But who is he and what did he do?

On his second day back in office, US president Donald Trump issued a full pardon to Ross Ulbricht, the founder of dark-web marketplace Silk Road.

President Donald Trump issued a pardon to Ross Ulbricht, who ran the dark web marketplace Silk Road under the pseudonym “Dread Pirate Roberts.” Ulbricht has been serving a life sentence without parole since 2015,

President Trump has followed through on one of his key campaign promises — at least for those in the crypto community — pardoning the sentence of Silk Road founder Ross Ulbricht. "I just called the mother of Ross William Ulbricht to let her know that in honor of her and the Libertarian Movement,