Former U.S. President Donald Trump pardoned Ross Ulbricht, the founder of the Silk Road marketplace, ending his double life sentence after more than a decade in prison. Ulbricht was convicted in 2013 for running the online platform, which facilitated over $200 million in illegal transactions using Bitcoin.

Trump called the sentence excessive, fulfilling a campaign promise and acknowledging support from the Libertarian movement. The case remains a landmark in the legal and cryptocurrency worlds.

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