The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

President Trump Considering Pardon for Silk Road’s Ross Ulbricht: Report

by Daily Hodl Staff
December 17, 2020
in Regulators, Scams, Hacks & Breaches

In his final days in office, US President Donald Trump is reportedly considering whether he should grant clemency to Silk Road founder Ross Ulbricht.

According to reports from The Daily Beast, Trump’s White House legal counsel is currently reviewing the case related to Ulbricht.

[adinserter block="1"]

“…the president has at times privately expressed some sympathy for Ulbricht’s situation and has been considering his name, among others, for his next round of commutations and pardons before the Jan. 20 inauguration of his 2020 Democratic opponent.”

The Daily Beast says the motion to pardon Ulbricht has gained some traction within influential circles that include presidential advisers and criminal justice reform activists that are close with the president.

Ulbricht, a materials science engineer, founded the dark web marketplace Silk Road back in 2011 and operated under the pseudonym “Dread Pirate Robert.”

Silk Road used Bitcoin as its main currency for dealing all manner of items including illicit drugs and weapons, and used Tor, an open-source anonymity software, to hide its servers, drawing the ire of the DEA, FBI and Homeland Security.

On October 1st 2013, law enforcement caught up with Ulbricht, and in 2015, Ulbricht was convicted with seven charges and two life sentences totaling 35 years without the possibility of parole.

[adinserter block="1"]

Support for Ulbricht has only grown among Libertarians and cryptocurrency proponents who believe his sentence is too harsh.

Petitions for Ulbricht’s clemency have also popped up around the internet. The most notable petition, FreeRoss.org, has attracted 350,000 supporters so far.

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Ryan Rodrick Beiler

Submit a Press Release

Industry Announcements

  • CT3 Announces Dedicated Storage Contracts to Expand Decentralized Storage Infrastructure
    July 14, 2026
  • Crystal Intelligence launches Ask Crystal, the AI analyst behind every blockchain judgment
    July 14, 2026
  • Byreal Marks First Anniversary with Strong Growth, RWA Leadership, and AI-Native Innovation on Solana
    July 13, 2026
  • BYDFi Participates in Peru Blockchain Conference 2026, Engaging the LATAM Web3 Community
    July 13, 2026
  • Leveraged Cup Awards $20,000 Grand Prize in Global Trading Competition
    July 12, 2026
  • Kresus pioneers crypto inheritance and legacy planning for wealth across generations
    July 9, 2026
  • Bybit PWM BTC Funds Post 4.9% Growth in 60-Day Annualized Return as Bybit Expands BTC Yield Suite for Holders
    July 9, 2026
Submit a Guest Post
ADVERTISEMENT

Spotlight

  • Florida Crypto CEO Pleads Guilty to $400,000,000 Ponzi Scheme Conspiracy
    July 13, 2026
  • Ethereum Foundation Deploys AI Agents to Hunt Bugs in Protocol Code
    July 13, 2026
  • Foreign National Admits Guilt in $15,000,000 Bitcoin Ransomware Attacks on U.S. Firms
    July 13, 2026
  • Circle Secures OCC Approval for National Trust Bank to Custody USDC and Digital Assets
    July 13, 2026
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl