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.

President Donald Trump has pardoned Ross Ulbricht, the founder of Silk Road, an underground website for selling drugs.

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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 .)

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.

Libertarian activists, who generally oppose criminal drug policies, argued the government overreached in building its case against Ross Ulbricht and the dark web marketplace Silk Road.

On his second day back in office, President Donald Trump issued a full pardon to Ross Ulbricht, the founder of dark-web marketplace Silk Road. Trump had pledged to free Ulbricht as part of a raft of promises made to the cryptocurrency community while on the campaign trail.

President Donald Trump pardoned Ross Ulbricht, the creator of the drug marketplace Silk Road who is revered by many cryptocurrency enthusiasts and Libertarians. “I just called the mother of Ross William Ulbright to let her know,” Trump wrote in a post on Truth Social, misspelling Ulbricht’s name.

Ancient traders faced challenges and devised solutions that, surprisingly, resemble some of the practices used by modern startup founders. Here are three strategies employed by Silk Road traders and how they relate to building and scaling innovative businesses today.

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 has been back in the Oval Office for just a week, but he has already unleashed a flurry of executive actions designed to remake the government and country in his image. Within minutes of signing dozens of consequential executive orders,