President Trump's decision to issue a pardon to Ulbricht came after ongoing pressure from his mother, and from Bitcoin-loving libertarians who regarded h

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 R

Ross Ulbricht’s pardon marks a historic event for crypto, but its impact on Bitcoin’s public image is a mixed bag, according to the community.

In 2015, a 31-year-old yoga enthusiast from Austin named Ross Ulbricht was found guilty of being the online drug kingpin “Dread Pirate Roberts.” Convicted on 7 counts, the judge sentenced him to life in prison. Trump pardoned Ulbricht on Tuesday and now he’s a free man after more than 10 years in custody.

Learn about the discovery by a Coinbase exec of 430 Bitcoin associated with Silk Road creator Ross Ulbricht that were untouched for 13 years.

Ross Ulbricht is free, but unproven allegations against the Silk Road founder overshadow his well deserved pardon in some corners of the internet.

Bitcoin is up nearly 5% after Donald Trump granted a full and unconditional pardon to Ross Ulbricht, the creator of darkweb marketplace Silk Road.

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 conducted more than $200 million in illicit trade using bitcoin.

Ulbricht was sentenced to life in prison in 2015 on charges related to his website, where users could buy and sell drugs and other illegal goods with bitcoin.

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