On Wednesday, the price of bitcoin jumped to more than $104,000, following Donald Trump’s announcement of a presidential pardon for Silk Road and bitcoin-libertarian folk hero Ross Ulbricht. The digital asset community also eagerly anticipated a flood of crypto executive orders that would overturn years of perceived regulatory slights.

Cryptocurrency enthusiasts welcomed President Trump’s pardoning of Ross Ulbricht, who had been serving a life sentence without parole for running underground drug bazaar Silk Ro

Kraken donated $111,111 in Bitcoin to Ross Ulbricht to help him get on with life after spending 11 years in prison, but a Coinbase executive just revealed that there are digital wallets linked to the Silk Road founder with some $47 million in collective crypto holdings.

The move fulfilled a long-sought dream of the overlapping libertarian and crypto communities, who Trump courted on the campaign trail last year. "I just called the mother of Ross

Silk Road founder Ross Ulbricht is free after President Donald Trump pardoned him. But who is he and what did he do?

Donald Trump has used his presidential powers to pardon convicted felon Ross Ulbricht, the founder of notorious dark web marketplace Silk Road.

On his second day back in office, US president Donald Trump issued a full pardon to Ross Ulbricht, the founder of dark-web marketplace Silk Road.

Ulbricht, 40, was about 10 years into his life sentence for helming an online black market where drug dealers, money launderers, and traffickers used bitcoins to mask more than $214 million in illicit trades. (Ars thoroughly documented the Silk Road saga here .)

President Donald Trump issued a pardon to Ross Ulbricht, who ran the dark web marketplace Silk Road under the pseudonym “Dread Pirate Roberts.” Ulbricht has been serving a life sentence without parole since 2015,