The self-declared "pro-crypto president" Donald Trump pardoned Silk Road founder Ross Ulbricht on Tuesday.

Donald Trump has granted a full pardon to Ross Ulbricht, the founder of online drug marketplace Silk Road who became a hero for America’s libertarian movement.

President Donald Trump pardoned the founder of darknet marketplace Silk Road, he said in a post to Truth Social on Tuesday night.

Donald Trump pardoned the creator of the world’s first dark-web drug market, who is now a libertarian cause célèbre in some parts of the crypto community.

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 Road. Trump said late Tue

President Donald Trump pardoned Ross Ulbricht, the founder of the Silk Road marketplace, delivering on a campaign promise he made to court the cryptocurrency community and libertarian voters.

Ulbricht was sentenced to life in prison in 2015 on charges related to his website, where users could buy and sell drugs and other illegal goods with bitcoin.

Libertarian activists, who generally oppose criminal drug policies, argued the government overreached in building its case against Ross Ulbricht and the dark web marketplace Silk Road.

Ross Ulbricht's family are now appealing for donations to support his reintegration into society Silk Road founder Ross Ulbricht is now a free man after US President Donald Trump made good on his promise to issue a federal pardon upon taking office.

The pardon is a big deal for cryptocurrency enthusiasts and libertarians, who have been pushing for Ulbricht’s sentence to be absolved for years.

The president promised to commute his sentence at the Libertarian Party’s convention in May. Now, he’s given him a full pardon.