A dark web marketplace where contraband, including narcotics, was traded for Bitcoin. He was found guilty in February 2015 of conspiracy.
To conduct money laundering, narcotics trafficking, and computer hacking. He was given two life sentences and an extra 40 years in jail in May of that year.
If re-elected in 2024, the 78-year-old former president had already promised to lower Ulbricht’s sentence to time served.
Libertarian sympathizers, who have long seen Ulbricht as a representative of free-market values, have praised his choice to grant the pardon now.
