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.

Until, of course, in 2013 the Silk Road was shut down by FBI agents and Mr Ulbricht, then 29 years old, was arrested in the science-fiction section of a San Francisco public library. In 2015, after a four-week trial,

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

President Donald Trump announced a “full and unconditional pardon” of Silk Road drug marketplace founder Ross Ulbricht, who was serving two life sentences in prison for charges including narcotics distribution,

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.

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

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 .)