Ulbricht, who was convicted of running an anonymous online drug marketplace, became a hero to crypto-holders everywhere. What does his pardon signal for the future of the technology?

After former President Donald Trump released Silk Road founder Ross Ulbricht from prison, the Bitcoin community donated cryptocurrencies to support Ulbricht’s FreeRoss.org fund. While many have donated money to Ulbricht since his release from federal prison after running Silk Road, many questions persist about his financial needs.

President Donald Trump granted a pardon to Silk Road marketplace founder Ross Ulbricht, a promise he made to the cryptocurrency industry during his campaign.

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

Wallets belonging to Ross Ulbricht, the imprisoned creator of the illegal drug marketplace Silk Road, were discovered on Wednesday, containing as many as 430 Bitcoin (CRYPTO: BTC) unmoved for over 13 years.

Bitcoiners celebrate as the pardon came hours after Senator Rand Paul sent a compelling letter to the White House.

Ross Ulbricht, the creator of the Silk Road darknet marketplace, remains a controversial figure in cryptocurrency history. While his role in revolutionising Bitcoin’s use has long been debated, recent developments have brought his name back into the spotlight.

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

Ross Ulbricht was serving a life sentence for creating a site in a shady corner of the internet to sell heroin, cocaine and other illicit substances.

Fulfilling a campaign promise to libertarians and the bitcoin community, the Silk Road founder's life sentence without parole is now over.

Elon Musk and two prominent libertarians have said Donald Trump's team has confirmed Ross Ulbricht will be freed as early as this week, seemingly affecting Bitcoin's price positively.

Those who convicted Ulbricht were "some of the same lunatics involved in the modern-day weaponization of government against me," Trump wrote Tuesday.