Silk Road

A wallet linked to Ross Ulbricht, the creator of illegal drug marketplace Silk Road, received over $30 million in Bitcoin (CRYPTO: BTC) on Saturday, sparking intrigue among the cryptocurrency community. What Happened: According to on-chain tracker Lookonchain, Ulbricht’s donation wallet...

Ross Ulbricht, the creator of the illegal drug marketplace Silk Road, expressed gratitude on Thursday after being pardoned by President Donald Trump. What happened: In his first public statement after being granted a full and unconditional pardon, Ulbricht called Trump "a man of his word." "Thank...

Fulfilling his campaign promise, President Donald Trump granted Ross Ulbricht, the creator of the illegal drug marketplace Silk Road, a full pardon on Tuesday. What Happened: Through a post on his Truth Social account, Trump said he signed an executive order granting a “full and unconditional...

Editor’s Note: This story has been updated with additional information. The U.S. government has received approval to liquidate a significant portion of its Bitcoin (CRYPTO: BTC) holdings seized from the infamous darknet website Silk Road, according to a Wednesday report. What Happened: ...

Ross Ulbricht, the creator of the online illegal drug marketplace Silk Road, thanked those who voted for Donald Trump for his cause, hoping that the President-elect would commute his sentence What Happened: On Tuesday, Ulbricht, who has been serving a double life sentence since 2013 for his part in...

Renowned economist Peter Schiff poked fun at Michael Saylor, recommending that the MicroStrategy Inc. (NASDAQ:MSTR) boss buy the huge stash of Bitcoin (CRYPTO: BTC) that the U.S. government planned to sell. What Happened: On Tuesday, Schiff took to X to express his views on the U.S. government...

Former President Donald Trump renewed his promise on Wednesday to “save” Ross Ulbricht, the founder of the notorious Silk Road marketplace, reigniting discussions around crypto, justice and government overreach. What Happened: Trump took to Truth Social, proclaiming, “I WILL SAVE...

Former President Donald Trump reaffirmed his pledge to commute the sentence of Ross Ulbricht, the creator of the online illegal drug marketplace Silk Road. What happened: In a Truth Social Post Wednesday, the Republican presidential hopeful wrote, I will save Ross Ulbricht," in response to Ulbricht...

Binance co-founder Changpeng Zhao was released on Friday, after having served a four-month sentence for failing to implement Anti-Money Laundering (AML) measures between 2017 and 2022. But Zhao’s case is just one among many that highlight the growing enforcement against crypto crimes. The...

Wallets believed to be linked to the U.S. government have transferred a significant amount of cryptocurrency—3,940 Bitcoin valued at $241 million—onto Coinbase (NASDAQ:COIN). What Happened: This transfer was detected shortly after the same researcher identified that the German government had moved...

What Happened: Pro-Bitcoin (CRYPTO: BTC) presidential candidate Robert F. Kennedy Jr., has made a statement on social media advocating for actions that would underscore the U.S. commitment to free speech, transparency, and transactional freedom. His post on X, formerly Twitter, calls for the...

In a speech before the Libertarian National Convention on Saturday night where Donald Trump was consistently booed and jeered, the former president promised to commute the sentence of Ross Ulbricht, the creator of the online illegal drug marketplace Silk Road. "And if you vote for me, on Day One, I...

Edward Snowden has slammed the U.S. Department of Justice’s recent actions against app developers, advocating for financial privacy in a recent social media post. What Happened: On Tuesday, Snowden took to X, formerly Twitter, to express his disapproval of the Department of Justice’s...

A tag named ‘U.S. Government’ on the Arkham blockchain platform transferred a significant amount of Bitcoin on Tuesday, April 2. What Happened: A wallet that’s associated with the government sent 30,175 Bitcoin (CRYPTO: BTC), valued at roughly $2 billion based on current prices,...

The Sam Bankman-Fried, former CEO of cryptocurrency exchange FTX, was sentenced to 25 years in prison on Thursday, prompting a host of reactions from the cryptocurrency community on X (formerly Twitter). What Happened: Many users, like NickyD, expressed outrage at the perceived leniency of the...