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NEWS: Trump pardons Silk Road founder Ross Ulbricht in landmark crypto case

Ross Ulbricht, the creator of the website Silk Road, appears in an undated photograph made from his computer and presented as an exhibit during his 2015 criminal trial in New York federal court. U.S. Attorney's Office for the Southern District of New York/Handout via REUTERS

By Nate Raymond

U.S. President Donald Trump has 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.

The Republican president made good on a campaign pledge to free Ulbricht, 40, who was arrested in 2013 and sentenced in 2015 in what became a landmark U.S. prosecution launched only a few years after the emergence of the popular cryptocurrency.

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