Silk Road Founder Ross Ulbricht Marks Big Milestone


Cover image via www.freepik.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

The creator of darknet marketplace Silk Road, Ross Ulbricht, has published one of his rare tweets to share his news and thoughts from his prison cell with the cryptocurrency community.This time, Ulbricht shared what may be considered a new “milestone” reached in the course of his prison sentence.4,000 days, or 11 years, in prisonThe founder of Silk Road shared that his “milestone” was reaching his 4,000th day in prison. Ulbricht has spent 11 years doing time and will begin his 12th annum in prison in two weeks.Ulbricht once again stated that he has tried his best to change, “to grow and be a better man.” Now, he says that he is ready to use the hard lessons he has learned “to make amends as a free man.”I just spent my 4,000th day in prison. I’ll begin my 12th year in two weeks.During that time, I’ve tried my best to grow and be a better man.I want to use the hard lessons I’ve learned to make amends as a free man, if I’m given the chance.— Ross Ulbricht (@RealRossU) September 16, 2024 The crypto community provided him with wide support in the comments, wishing him to be released as soon as possible. Ulbricht’s fate may be resolved in November as a result of the U.S. elections since the Republican party candidate promised to release Ulbricht from his double life sentence in case he manages to win.Ulbricht started serving his two lifetime sentences when he was 29 in 2013, after the Silk Road was shut down after two years of operation. The problem with the Silk Road was that despite Ulbricht’s good intentions to oppose the system and give people a chance to trade without the government’s control, the Silk Road quickly became a platform for selling drugs and other illegal goods and services. The means of exchange on the Silk Road was Bitcoin.
Related

Ross Ulbricht vs. Sam Bankman-FriedThe crypto community has supported Ulbricht since day one of his imprisonment, considering that most believe he was sentenced unjustly. Many crypto fans and libertarians often compare Ulbricht’s case with that of Sam Bankman-Fried, the former CEO of the collapsed FTX exchange charged with defrauding the platform’s investors and traders for billions of U.S. dollars.However, many believe that SBF is being kept under much softer conditions in prison than Ulbricht. Besides, unlike the Silk Road founder with his double lifetime sentence, Bankman-Fried received 25 years of imprisonment.Among FTX investors was TV celebrity and Shark Tank co-host Kevin O’Leary, also known as “Mr. Wonderful.”