President Trump said he granted the full pardon in honor of Ross Ulbricht's mother "and the Libertarian Movement, which supported me so strongly."

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

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.

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 Ro

Ulbricht, 40, had been serving a life sentence on federal drug trafficking charges for setting up the illegal website.

Donald Trump announced on Tuesday that he has pardoned Ross Ulbricht, the founder of Silk Road, an underground website for selling illegal drugs and other contraband goods like hacking equipment and stolen passports.

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.

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.

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

Trump said he granted the full pardon in honor of Ulbricht's mother "and the Libertarian Movement, which supported me so strongly."

President Donald Trump on Tuesday evening said he issued a full and unconditional pardon to Ross Ulbricht, the founder of the dark web Silk Road marketplace for illicit drugs.