In 2021, Ulbricht's prosecutors and defense agreed that Ulbricht would relinquish any ownership of a newly discovered fund of 50,676 Bitcoin (worth nearly $5.35 billion in 2025) seized from a hacker in November 2021. [79] The Bitcoin had been stolen from Silk Road in 2013, and Ulbricht had been unsuccessful in getting them back.

Jan 22, 2025 · In a landmark decision that sent waves through the Bitcoin community, President Donald Trump has granted a full and unconditional pardon to Ross Ulbricht, the creator of the Silk Road darknet marketplace. Delivered on January 21, 2025—one day later than his campaign promise—this pardon goes beyond merely commuting Ulbricht’s sentence.

3 days ago · “And Ross has, in the past, apologized because he’s not certain—nor am I—whether Silk Road was a net positive for bitcoin.” But freeing Ulbricht remained a big issue for libertarians ...

6 days ago · Ross Ulbricht, the founder of the Silk Road, the very first dark-web drug-trading network, certainly was. ... Carl Mark Force IV, who was using his knowledge of the case to extort bitcoin from Mr ...

Jan 23, 2025 · Ross William Ulbricht, 40, grew up in Austin, Texas, and studied physics at the University of Texas before later getting a Master's in material science at Pennsylvania State University, according to his website’s bio. He is described as having an early interest in “liberty, privacy, and free markets,” which later led him to discover Bitcoin.

Jan 22, 2025 · Ross Ulbricht's Bitcoin holdings, as confiscated by authorities, amounted to approximately 144,000 BTC. At the time of the seizure in 2013, this amount was worth around $28.5 million.

6 days ago · Following President Donald Trump's pardon of Silk Road founder Ross Ulbricht Tuesday, the Bitcoin community has rallied, pouring crypto into Ulbricht’s donation fund at FreeRoss.org.But does he need the money? Ulbricht could already be sitting on millions in Bitcoin, according to Conor Grogan, a director at the San Francisco-based cryptocurrency exchange Coinbase.

6 days ago · Fortune sent an email to an address posted on the Ulbricht family’s Free Ross page, asking whether Ulbricht has additional Bitcoin or if he plans to file a legal claim to reverse the forfeiture ...

Apr 22, 2022 · Silk Road creator Ross Ulbricht will see his $183 million debt wiped out following the seizure of $3 billion in bitcoin connected to an unnamed Silk Road hacker, according to a court filing. In...

Apr 22, 2022 · Ross Ulbricht, the convicted creator of the legendary Silk Road dark web market for drugs, has never gotten much mercy from the US legal system. In 2015, he was sentenced to life in prison...