
US authorities are reportedly disregarding pro-crypto Senator Cynthis Lummis’ deadline to explain what happened to the Bitcoin (BTC) seized from the defunct darknet marketplace Silk Road. According to a new report by Bloomberg, anonymous people familiar with the matter say that the U.S. Marshals Service did not meet the January 31st deadline set by Lummis […]
The post U.S. Marshals Ignore Senator Cynthia Lummis’ Deadline to Explain Seized Silk Road Bitcoin appeared first on The Daily Hodl.
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.
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.
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