Saylor’s Strategy Makes One Of Its Largest Bitcoin Buys Since 2024, Adding $2.54 Billion In BTC Through Hybrid Funding Model
Strategy bought $2.54 billion worth of Bitcoin, adding 34,1aalling more buying could follow.
AnaisLog in/ Sign up
‘I’m a Free Man Now’: Silk Road Creator Ross Ulbricht Expresses Gratitude for Trump’s Full Pardon After Life Sentence
Follow
Ross Ulbricht Granted Full Pardon by Donald Trump After 11 Years in Prison
Ross Ulbricht, the founder of Silk Road, has been granted a full and unconditional pardon by U.S. President Donald Trump after over a decade of imprisonment.
Ulbricht, who was serving multiple life sentences without parole for his role in creating the infamous darknet marketplace, expressed his gratitude and joy in a video shared online.
Ross Ulbricht has now finally been released from prison, and the joy of his newfound freedom is evident in the smile on his face.
Ulbricht's First Public Words After Release
In a heartfelt video posted on X, Ulbricht thanked Trump, saying,
“This is such an important moment for me and for my whole family... It’s an important moment for everybody who’s been working for this for years. This is a victory, and it’s your victory, too.”
The former prisoner, who had been held at a maximum-security facility in Arizona, spoke of his future plans, noting that he would first focus on reuniting with his family and healing from the years of incarceration.
Ulbricht declared,
“I’m a free man now.”
Acknowledging Trump’s role in granting him freedom, he remarked,
“Let it be known that Donald Trump is a man of his word.”
Support and Donations Flood In for Ulbricht
Following the pardon, Ulbricht has received an outpouring of support, including financial assistance to aid his transition into life outside prison.
A campaign dedicated to him on X has raised over $270,000 in Bitcoin donations.
190 transactions have been made to the Bitcoin wallet, according to bitaps.com.
Kraken, a major cryptocurrency exchange, contributed $111,111 to the cause, while other donations have come in the form of Ether, Solana, and smaller amounts of other popular digital currencies.
Ulbricht’s release has been described as a whirlwind, with supporters sharing the emotional moment of him reuniting with his family.
The ‘Free Ross’ campaign’s X account shared the heartwarming reunion,
“Ross got to hug his wife, mom, dad & sister outside the walls of prison. The past 36 hours have been a complete whirlwind.”
Ulbricht’s Role in the Silk Road and Bitcoin’s Rise
Silk Road, which Ulbricht created in 2011, facilitated the anonymous trade of illicit goods, including drugs, and used Bitcoin for transactions.
The platform played a significant role in the early adoption and popularisation of cryptocurrency.
Ulbricht’s arrest and conviction in 2015 highlighted the potential for digital currencies to be used in illegal activities, though his supporters argue his sentence was disproportionate.
Unclaimed Bitcoin Worth Millions Linked to Ulbricht
In addition to the donations, it has been revealed that Ulbricht may have millions of dollars in Bitcoin tied to dormant wallets.
Conor Grogan, a director at Coinbase, discovered 430 BTC, currently valued at around $47 million, that remain untouched across several wallets linked to Ulbricht.
These wallets, which have been inactive for more than 13 years, were not confiscated by authorities.
Data from Arkham Intelligence has corroborated Grogan’s findings, identifying 14 Bitcoin addresses tied to Silk Road, including one wallet containing over $9 million worth of BTC.
Ulbricht Reflects on His Second Chance
Ulbricht, now 40, expressed immense gratitude for his release and the chance to rebuild his life,
“Thank you so much, President Trump, for giving me this amazing blessing. I am so, so grateful to have my life back, to have my future back.”
He also added,
“This is a victory... And this is an important moment for everybody everywhere who loves freedom and who cares about second chances.”
As he embarks on a new chapter, Ulbricht plans to focus on healing and spending time with his loved ones after over 11 years of imprisonment.
Gain a broader understanding of the crypto industry through informative reports, and engage in in-depth discussions with other like-minded authors and readers. You are welcome to join us in our growing Coinlive community:https://t.me/CoinliveSG
Add Comment
LoginLeave your comments
0 Comments
Earliest
Load more comments
Related News
- Anais
Bitcoin Support Drives This Leader to World No.1 With 94% Approval Rating
Nayib Bukele leads a 26-country survey with 94% approval while El Salvador keeps buying about 1 Bitcoin a day and holds over 7,600 BTC. His support comes mainly from improved security, not Bitcoin, which most people say has little impact on their lives.
AnaisSouth Korea Central Bank Pushes Crypto Circuit Breakers After Bithumb Bitcoin Payout Error Triggers Market Disruption
South Korea’s central bank is calling for circuit breakers on crypto exchanges after a major error at Bithumb led to accidental Bitcoin payouts and a brief price crash on the platform. The incident exposed weak internal controls, prompting regulators to push for stronger safeguards and trading halts to prevent similar disruptions in future.
AnaisFake Ledger Wallet App Bypasses Apple Mac App Store Checks and Drains Nearly 6 BTC From US Musician
A fake Ledger app on Apple’s Mac App Store tricked musician G. Love into entering his 24-word seed phrase, which led to the loss of nearly 6 BTC worth over $420,000. The stolen Bitcoin was quickly moved through multiple addresses linked to KuCoin, with investigators saying recovery is unlikely.
WeatherlyCoinbase Partners MarketVector To Launch New Index Combining BTC And Tokenised Gold For Institutional Investors
MarketVector and Coinbase Asset Management launched a new index that combines Bitcoin and tokenised gold to track modern store-of-value investments. The index uses a volatility-based model and quarterly rebalancing to balance risk and returns between the two assets.
WeatherlyMorgan Stanley to Launch First Spot Bitcoin ETF on NYSE Arca With Market-Low 0.14% Fee Starting 8 April
Morgan Stanley will launch its first spot Bitcoin ETF, the Morgan Stanley Bitcoin Trust (MSBT), on the NYSE Arca on 8 April 2026.
WeatherlyCrypto Trader Lost Nearly $100 Million In Two Weeks: What Went Wrong
James Wynn lost almost his entire $100 million account, leaving just $900, after a series of 40x leveraged Bitcoin shorts were repeatedly liquidated as prices rose. His sixth liquidation in two weeks on 6 April 2026 capped a rapid collapse, with losses happening in real time on-chain.
WeatherlySpaceX Files One Of The Biggest IPO In Wall Street, Set to Eclipse Meta, Tesla and Bitcoin
Elon Musk’s SpaceX is preparing to storm Wall Street with what could be the largest public listing in history, targeting a staggering $1.75 trillion valuation and a $75 billion raise that would instantly place it among the world’s most valuable assets.
XingChiBitcoin Closes Q1 With Its Worst Performance In The Past Decade With A 24% Drop as Macro Pressure Mounts
Bitcoin has clocked in one of its worst performances in the past decade with a 23.8% drop in the first quarter of 2026 as geopolitical tensions, weakening ETF flows, and persistent macro headwinds weighed heavily on market sentiment.
XingChiStrategy Breaks 13-Week Bitcoin Buying Streak, Raising Questions Over Saylor’s Conviction
Strategy, long seen as Bitcoin’s most relentless corporate buyer, has halted its BTC purchases for the first time in 13 weeks — a surprising pause that comes amid a sharp stock decline and growing signs that the broader industry may be pivoting away from pure Bitcoin accumulation.
XingChi
Live Updates
- STOCKS | IBM Shares Drop 8% in After-Hours TradingBullishBearish
- Tesla Shares Rise 3% in After-Hours TradingBullishBearish
- Tesla Reports Q1 2026 Revenue of $22.387 BillionBullishBearish
Trending News
What’s at Stake for Google as the US Government Targets Chrome
The US Department of Justice is pushing for Google to sell its Chrome browser to reduce its dominance in online search and advertising. This move could disrupt Google’s business model, with potential buyers facing regulatory scrutiny and uncertainties about the impact on competition.
AnaisHuobi’s HECO Network Set to Shut Down in January 2025
HECO Network will shut down in January 2025, urging users to move their HRC20 tokens before the deadline to convert them into Huobi’s new HTX token. The network’s decline was due to security breaches and increasing competition from other blockchains.
WeatherlyPump.fun Halts Livestreams Indefinitely Over Failure to Moderate Rampant Inappropriate Activity Amidst Community’s Wrath
Pump.fun has indefinitely disabled its livestreaming feature after widespread abuse, including threats, violence, and price manipulation, shocked the crypto community. Despite boosting moderation efforts and using automated tools, the platform admitted it could not control the surge in harmful content.
CatherineJustin Sun to the Rescue: Trump’s Underperforming World Liberty Financial Finally Turns Profit After Sun’s $30M Investment
Justin Sun’s $30 million investment in Donald Trump’s DeFi platform, World Liberty Financial, revitalises the struggling WLFI token, which had raised just $21 million of its $300 million goal due to restrictive investor terms.
KikyoHow Telegram Is Thriving Financially While Its CEO Faces Serious Legal Charges
Telegram's crypto reserves surged to $1.3 billion, driving profits and offsetting challenges like CEO Pavel Durov's legal issues. Despite growth in ads and subscriptions, concerns over content moderation and debt financing linger.
WeatherlyAxie Infinity Creator Sky Mavis Teases New Game Amidst Unfortunate Workforce Reductions
Sky Mavis, the developer of Axie Infinity and the Ronin gaming network on Ethereum, has announced staff layoffs even as it hints at the development of a new Axie game.
CatherineVideo Platform Rumble to Invest $20 Million in Bitcoin, Following MicroStrategy's Lead
Rumble is investing up to $20 million in Bitcoin as part of its strategy to diversify its treasury and strengthen ties with the crypto community. This move follows the example of companies like MicroStrategy, which has invested billions in Bitcoin.
JoyDogecoin Foundation Appeals for Donations to Propel 2025 Expansion Efforts but Specific Amount Undisclosed
The Dogecoin Foundation is seeking donor support for its Dogebox initiative, aimed at driving global adoption and expanding Dogecoin’s accessibility, but the exact funding target remains undisclosed.
KikyoU.S. Man Convicted for Laundering Cash Into Bitcoin for Trafficking Fake Goods
Alan Joseph, a 36-year-old from Lancaster, Massachusetts, was convicted on 22 November 2024 for operating an unlicensed money transmitting business and laundering money through Bitcoin for criminals involved in trafficking counterfeit goods. He faces up to 20 years in prison and a fine, with sentencing set for February 2025.
AnaisBlack Friday Apple Scam Warning: Stay Calm If Your Apple ID is Suspended
Cybercriminals are targeting Apple users with a new scam just in time for Black Friday, exploiting the holiday shopping rush. By sending emails claiming an Apple ID has been suspended, they aim to trick users into revealing sensitive information on fake websites.
Weatherly