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Dust Worth Millions: Coinbase Executive Identifies Ross Ulbricht-Linked Wallets Containing 430 Bitcoin

Dust Worth Millions: Coinbase Executive Identifies Ross Ulbricht-Linked Wallets Containing 430 BitcoinConor Grogan, Director of Product Strategy at Coinbase, has recently linked 430 bitcoin to the now-free former founder and operator of Silk Road, Ross Ulbricht. According to Grogan, these funds are scattered across dozens of wallets that were not confiscated at the time of Silk Road’s takedown operation, and have been untouched for more than […]

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Ross Ulbricht Speaks Out for the First Time Since Release: ‘Trump Is a Man of His Word’

Ross Ulbricht Speaks Out for the First Time Since Release: ‘Trump Is a Man of His Word’On Thursday, Jan. 23, Ross Ulbricht, the founder of the infamous Silk Road marketplace, broke his silence for the first time since receiving a pardon from U.S. President Donald Trump. In a public statement, Ulbricht emphasized his newfound freedom, making it clear to the world that “Donald Trump is a man of his word.” Ross […]

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Bitcoin Wallets Left Behind by Ross Ulbricht Before Prison Sentence Still Hold $47,000,000 in BTC: Coinbase Executive

Bitcoin Wallets Left Behind by Ross Ulbricht Before Prison Sentence Still Hold ,000,000 in BTC: Coinbase Executive

Coinbase director Conor Grogan says Bitcoin wallets left behind by Ross Ulbricht when he was imprisoned for his underground online marketplace Silk Road are still holding tens of millions of dollars worth of BTC. On Tuesday, U.S. President Donald Trump pardoned Ulbricht, who had been serving a life sentence for running Silk Road which facilitated […]

The post Bitcoin Wallets Left Behind by Ross Ulbricht Before Prison Sentence Still Hold $47,000,000 in BTC: Coinbase Executive appeared first on The Daily Hodl.

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President Trump Pardons Silk Road Creator Ross Ulbricht, Fulfilling Campaign Pledge

President Trump Pardons Silk Road Creator Ross Ulbricht, Fulfilling Campaign Pledge

President Trump has officially pardoned Silk Road creator Ross Ulbricht, fulfilling a campaign promise. Ulbricht created the online black marketplace in 2011, which facilitated the anonymous sale of illegal drugs and illicit goods using Bitcoin as a method of payment. After his arrest in 2013, Ulbricht received a double life sentence plus 40 years without […]

The post President Trump Pardons Silk Road Creator Ross Ulbricht, Fulfilling Campaign Pledge appeared first on The Daily Hodl.

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Polymarket users bet Biden more likely to pardon SBF than Ross Ubricht

The former FTX CEO is currently serving a 25-year sentence awaiting appeal, while the Silk Road founder was sentenced to life in prison in 2015.

United States President Joe Biden, scheduled to leave office on Jan. 20, still has time to issue pardons and commute the sentences of individuals convicted of federal crimes — and some crypto users are betting he turns his attention to the founders of Silk Road and FTX.

As of Jan. 9, cryptocurrency betting platform Polymarket gave users 4% odds on President Biden pardoning former FTX CEO Sam “SBF” Bankman-Fried and a 2% chance he would pardon Silk Road founder Ross Ulbricht. At the time of publication, users had bet more than $5 million on SBF’s chances and $1.2 million on Ulbricht’s.

Bets on US President Joe Biden issuing pardons. Source: Polymarket

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‘Ross Is Coming Home’: Ulbricht’s Family Rejoices as Trump Plans to Fulfill Commutation Pledge

‘Ross Is Coming Home’: Ulbricht’s Family Rejoices as Trump Plans to Fulfill Commutation PledgeWith Donald Trump now set to become the 47th U.S. president, Ross Ulbricht’s family took to social media on Nov. 7 to share a long-awaited update: “Ross will be coming home in January.” Throughout the 2024 election, Trump pledged to grant Ulbricht’s sentence commutation, promising his release on “day one.” After 11 Years in Prison, […]

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Former Bitcoin Developer Amir Taaki Calls for Ross Ulbricht’s Freedom on Election Day

Former Bitcoin Developer Amir Taaki Calls for Ross Ulbricht’s Freedom on Election DayAmir Taaki, a former Bitcoin developer, voiced strong support for Ross Ulbricht, founder of Silk Road, in a statement released on U.S. Election Day, emphasizing Ulbricht’s influence on the cryptocurrency landscape and urging his release from prison. Amir Taaki Credits Ross Ulbricht as a Crypto Pioneer, Advocates for His Release Amir Taaki, a prominent figure […]

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Donald Trump Reaffirms Promise to Commute Ross Ulbricht’s Sentence

Donald Trump Reaffirms Promise to Commute Ross Ulbricht’s SentenceFormer President Donald Trump once again affirmed his intention to commute Ross Ulbricht’s sentence, the founder of the darknet marketplace Silk Road. On Truth Social, Trump shared a post featuring Ulbricht discussing his 12th year in prison, and Trump declared in all capital letters, “I WILL SAVE ROSS ULBRICHT!” Petition for Ross Ulbricht’s Freedom Gathers […]

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Trump won’t sell US BTC if elected, what about seized assets?

Questions abound concerning the Bitfinex and Silk Road funds if Trump is re-elected.

Donald Trump intends to make the United States the crypto capital of the planet. The former president promised this and more during a rousing speech given at the Bitcoin 2024 conference in Nashville, Tennessee, on July 27. But some of the Republican candidate’s comments may have been cause for consternation among cryptocurrency advocates.

While Trump’s speech largely centered on Bitcoin and the community surrounding it being a positive force for America, he did lay out some specifics. Chief among his promises was that the US wouldn’t part with its current Bitcoin stockpile, if he's re-elected.

Per Trump:

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Robert Kennedy Jr Promises to Pardon Ross Ulbricht if Elected President — Says He’s Been in Prison ‘Far Too Long’

Robert Kennedy Jr Promises to Pardon Ross Ulbricht if Elected President — Says He’s Been in Prison ‘Far Too Long’U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised to pardon Ross Ulbricht if elected. Like former U.S. President Donald Trump, Kennedy advocates for Ulbricht’s release. Both candidates vow to stop President Joe Biden’s anti-crypto policies and oppose the creation of central bank digital currencies (CBDCs). RFK Jr. Advocates for Ross Ulbricht’s Pardon […]

Jordan to Create Comprehensive Digital Asset Regulatory Framework