Ross Ulbricht, the founder of the infamous Silk Road market, turns 40 tomorrow, March 27. He was sentenced to two life sentences in prison and has already spent 11 years in prison cells, since he was 29 years old.
Ross Ulbricht, the founder of the infamous Silk Road market, turns 40 tomorrow, March 27. He was sentenced to two life sentences in prison and has already spent 11 years in prison cells, since he was 29 years old.
As his 40th birthday approaches, the global cryptocurrency community is once again beginning to call on US authorities to release Ulbricht from his prison.
The latest news on Ross Ulbricht from prison
Ulbricht created the Silk Road darknet marketplace in 2011. The website ran on the Tor network and attracted numerous sellers of drugs and other illegal products and services, and Bitcoin was used for payments. Silk Road could not help but attract the attention of law enforcement authorities, and in 2013, Ulbricht was located and arrested, and Silk Road closed.
Many within the cryptocurrency community around the world have been calling for its release, but to no avail. Ulbright has an X/Twitter account and often tweets from prison. In mid-March, he published an article about the move to a new cell block. He wrote: “It’s been a rough landing but I think it’ll be okay once I get to know everyone.”
On March 20, he tweeted that now, again (after three years), he is allowed to go out early in the morning and listen to birdsong.
A year ago, on March 27, he tweeted that he had lost his 30s in prison. “During that time, I did my best to learn from my mistakes, improve myself, and help others do the same. I hope one day I can also make peace as a free man.”
US Government Sells Silk Road-Related Bitcoin
In January this year, as Guru-Investingreported, the US District Court issued permission to sell Bitcoin worth $130 million confiscated from Silk Road agents and the funds obtained were added to the US federal budget. USA
This cryptocurrency was confiscated from Silk Road operators, particularly those named Ryan Farace and Sean Bridges. In July 2023, the US government carried out a transaction, moving $300 million after selling another portion of BTC related to the aforementioned criminal market in March: 9,861 Bitcoins sold for $216 million.
