After former President Donald Trump released Silk Road founder Ross Ulbricht from prison, the Bitcoin community donated cryptocurrencies to support Ulbricht’s FreeRoss.org fund. While many have donated money to Ulbricht since his release from federal prison after running Silk Road, many questions persist about his financial needs.

Bitcoiners celebrate as the pardon came hours after Senator Rand Paul sent a compelling letter to the White House.

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.

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

Donald Trump, the President of the USA, pardoned the founder of a website who was sentenced to double life imprisonment. This website allowed users to buy drugs and other illegal services, including hiring hitmen,

U.S. President Donald Trump on Tuesday pardoned Silk Road founder Ross Ulbricht, who was sentenced to life in prison for running an underground online marketplace where drug dealers and others conducted more than $200 million in illicit trade using bitcoin.

Donald Trump granted me a full pardon. I was doing life without parole and I was locked up for more than 11 years. But he let me out. I'm a free man now. So let it be known that Donald Trump is a man of his word,

Silk Road founder Ross Ulbricht, who was given two life sentences in 2015, thanks President Donald Trump for giving him a "second chance" with unconditional pardon.