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'He's a man of integrity': Ross Ulbricht thanks Trump for his freedom at Bitcoin 2025 conference

The Silk Road founder highlighted what impacted him most after his release from prison and stated during the event that "Bitcoin doesn't work without freedom."

Ross Ulbricht, founder of Silk Road, during the conference

Ross Ulbricht, founder of Silk Road, during the conferenceScreenshot / Bitcoin 2025 / Mara

Emmanuel Alejandro Rondón

Ross Ulbricht, founder of Silk Road, became the central figure at the Bitcoin 2025 conference, held at the Venetian hotel convention center in Las Vegas, when he gave an emotional speech that received a standing ovation from the audience. He spoke about the value of freedom - both for him and for the crypto ecosystem - and expressed heartfelt thanks to President Donald Trump, who fulfilled his campaign promise months ago by granting him a pardon.

"Just a few months ago, I was trapped behind those prison walls, not knowing if I would ever get out," a moved Ulbricht said to applause from the audience. "Now I’m free, and it’s because of you—the Bitcoin community."

"You didn’t abandon me. You didn’t forget me. You wrote me letters. You raised money for my defense. When I was silenced, you spoke up against the slander and smears," insisted the Silk Road, the notorious and controversial digital black market platform that operated on the dark web and earned him a federal investigation that landed him in prison under a life sentence.

Ulbricht, who had been behind bars since 2013, won his freedom last January 21, when President Trump signed a pardon he had promised during the 2024 election campaign. The prominent crypto figure thanked the Republican leader for keeping his word and called his pardon a miracle.

"I’m thankful we elected him. He’s a man who does what he says—he said he’d free me, and he did. He’s a man of integrity," Ulbricht said.

One of the most important parts of Ulbricht's speech was when he described his experience upon his release from prison, highlighting all the technological advances that humanity achieved in 2013, including virtual reality technology, drones, artificial intelligence, and the growth of cryptocurrencies, especially Bitcoin.

"I went into a time capsule in 2013," stated Ulbricht, who also stressed that "Bitcoin does not work without freedom."

Ulbricht's case

Ulbricht is an icon for American libertarians. He was arrested in 2013 by the FBI, two years after founding the Silk Road website. This online marketplace operated on the dark web and allowed the buying and selling of goods and services, many of them illegal, according to government charges.

Ulbricht, who operated under the pseudonym "Dread Pirate Roberts," was indicted on charges of conspiracy to commit money laundering, computer hacking and narcotics trafficking. He was eventually sentenced to life in prison in 2015.

Libertarians championed his cause for years because they believe the sentence was excessive and that there were procedural problems with the case. Many seized on his case to support drug legalization and complete Internet freedom. Silk Road founder Lyn Ulbricht's mother, Lyn Ulbricht, spearheaded the “Free Ross” movement, including a petition on Change.org with over 600,000 signatures that President Trump eventually heard.
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