The punishment struck some legal experts as harsh. It also drew protests from libertarians who opposed severe drug penalties and crypto enthusiasts who viewed Ulbricht as a pioneer.

According to Arkham Intelligence, his wallet address has received 2.62 BTC, approximately $272,000, which includes the Kraken donation. Another address associated with Ulbricht has collected $4,615 in ...

President Donald Trump signed an executive order on Thursday to establish clear regulations around digital assets in the US.

The new EO will also establish a presidential working group to create a federal regulatory framework governing digital assets (including stablecoins), and evaluate the creation of a strategic national ...

The mastermind behind the “Silk Road” online marketplace that facilitated millions of dollars of drug sales has been given a full and unconditional pardon by US President Donald Trump.

Blockchain data for crypto wallets operated by the Free Ross campaign showed more than $270,000 in donations for the Silk Road founder’s reintegration into society.

Senator Cynthia Lummis is appointed chair of the Senate Banking Subcommittee on Digital Assets, focusing on pro-crypto policies.

Ross Ulbricht’s story has become a cornerstone of crypto history. To many veterans, he represents the raw, unfiltered ethos of Bitcoin’s early days: radical ...

President Donald Trump signed executive actions related to cryptocurrency and artificial intelligence, moves that could bolster two nascent industries.Most Read from BloombergWhat Happened to Hanging ...

Technically, Donald Trump broke his campaign promise by not freeing Silk Road founder Ross Ulbricht on day one of his presidency. (No, inauguration day is not “day zero.”) But as I explained in my ...

Until, of course, in 2013 the Silk Road was shut down by FBI agents and Mr Ulbricht, then 29 years old, was arrested in the ...

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 ...