Ross Ulbricht, recently pardoned by Trump, lost $12 million while trying to provide liquidity on Pump.fun, mistakenly setting up the wrong liquidity pool.

Law enforcement said Ulbricht created the “most sophisticated and extensive criminal marketplace” on the internet.

Ulbricht, who was convicted of running an anonymous online drug marketplace, became a hero to crypto-holders everywhere. What does his pardon signal for the future of the technology?

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.

President Donald Trump has pardoned Ross Ulbricht, the founder of Silk Road, an underground website for selling drugs.

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.

Silk Road founder Ross Ulbricht, or someone with access to his wallets, lost $12 million in a scam involving Pump.Fun memecoin on Solana.

President Donald Trump has done it again. With his unconditional pardon of Ross Ulbricht, the founder of Silk Road, he