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Silk Road founder Ross Ulbricht went to prison a libertarian hero. Trump just set him free.

Ross Ulbricht, the founder of Silk Road, was unconditionally pardoned by President Donald Trump.
  • President Donald Trump granted Ross Ulbricht a full and unconditional pardon on Tuesday.
  • Ulbricht was the founder of Silk Road, the online drug marketplace.
  • He was sentenced to life in prison without the possibility of parole in 2015.

Ross Ulbricht, the founder of online drug marketplace Silk Road, received a full and unconditional pardon on Tuesday from President Donald Trump, who announced the move in a Truth Social post.

Ulbricht has been held at the US Penitentiary in Tucson since the FBI arrested him in 2013.

The FBI described Silk Road as a "digital bazaar" for illegal goods and services that buyers and sellers accessed through Tor — a network designed to conceal its users' identity and location.

The FBI said it generated hundreds of millions of dollars in sales, as well as more than $13 million in commissions.

In 2015, a judge sentenced Ulbricht, now 40, to life in prison for drug trafficking, computer hacking, and money laundering without the possibility of parole, ruling that Silk Road was "destructive to our social fabric."

Libertarian cause célèbre

Ulbricht has become a cause célèbre for the libertarian movement.

The Libertarian Party, which has long supported criminal justice reform and drug legalization, has continuously pushed for his release, viewing his life sentence as an example of government overreach.

In a speech at the Libertarian National Convention in May 2024, Trump pledged to commute Ulbricht's sentence on the first day of his administration if he was reelected president.

Trump said in his post on Tuesday that he granted Ulbricht's pardon in honor of Ulbricht's mother "and the Libertarian Movement, which supported me so strongly."

According to a 2015 Wired report, Ulbricht developed an interest in libertarian economic theory while at university and embraced the political philosophy of Ludwig von Mises, a staunch opponent of interventionism and advocate for the moral purpose of free-market capitalism.

In a letter he wrote to the trial judge in 2015, he said he created Silk Road not to seek financial gain but because he "believed at the time that people should have the right to buy and sell whatever they wanted so long as they weren't hurting anyone else."

"Silk Road was supposed to be about giving people the freedom to make their own choices, to pursue their own happiness," he added.

Ulbricht also said, "While I still don't think people should be denied this right, I never sought to create a site that would provide another avenue for people to feed their addictions."

However, according to the United States Attorney's Office for the Southern District of New York, the "vast" majority of goods sold on Silk Road were illegal drugs.

Preet Bharara, the then-US Attorney for Manhattan, said at the time that: "Make no mistake: Ulbricht was a drug dealer and criminal profiteer who exploited people's addictions and contributed to the deaths of at least six young people."

Ulbricht was convicted of seven offenses after a four-week jury trial and sentenced to life in prison. He was also ordered to forfeit $183,961,921.

Trump's pardoning power

In his Truth Social post, Trump called Ulbricht's sentences "ridiculous."

In a statement on Tuesday, Angela McArdle, the Libertarian National Committee Chair, thanked Trump for following through on his promise.

"I'm proud to say that saving his life has been one of our top priorities, and that has finally paid off," she said.

"This is an incredible moment in Libertarian history," McArdle added.

On Monday, Trump also issued sweeping pardons for roughly 1,500 people related to the January 6 Capitol riot, fulfilling a campaign promise to wipe clean the records of most people connected with the riot.

Read the original article on Business Insider
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