Ross Ulbricht's Imprisonment Timeline for Silk Road
Ross Ulbricht was arrested and sentenced for creating the darknet marketplace Silk Road, sparking global attention to crypto currency and network regulation. Silk Road (Silk Road) was an online marketplace launched in 2011, allowing users to anonymously buy and sell goods (including prohibited items) using Bitcoin. It was the first large-scale platform to use Bitcoin for real-world transactions, promoting the concept of early Bitcoin circulation and anonymous payments, but also because of its involvement in illegal transactions, it became a global enforcement focus.
Event Timeline
Ulbricht Arrested in San Francisco by FBI
Ross Ulbricht was arrested for operating Silk Road by the FBI, causing global shock.
Convicted of 7 Charges by US District Court
Charges included money laundering, hacking, and drug dealing.
Sentenced to Two Life Terms Plus 40 Years Imprisonment Without Parole
The verdict sparked a huge controversy in the crypto community.
Appeal Rejected by US Second Circuit Court of Appeals
The sentence was upheld.
US Supreme Court Refuses Review
The judicial process was essentially concluded.
Calls for Clemency Intensify
Including NFT charity auctions, celebrity petitions, and Trump's promise to reduce his sentence during his campaign.
Presidential Clemency, Ross Ulbricht Released
US President Trump exercised his presidential clemency power, granting Ross Ulbricht freedom, marking a significant event in the crypto community.
Ulbricht's Speech at Bitcoin 2025 Conference
Publicly thanking the Bitcoin community for long-term support.