Market
How will Ross Ulbricht's release affect Bitcoin's market cap by February 1, 2025?
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Cryptocurrency market data from exchanges like CoinMarketCap
Story
Ross Ulbricht to Be Released from Prison in 18 Days After Nearly a Decade for Silk Road, Trading Half of Bitcoin's Supply
Jan 2, 2025, 11:18 AM
Ross Ulbricht, the founder of the Silk Road online marketplace, is set to be released from prison in 18 days, marking the end of nearly a decade behind bars. Ulbricht was sentenced to life in prison in 2015 for his role in facilitating illegal drug sales on the platform, which is noted for having traded nearly half of Bitcoin's total supply within its first two and a half years of operation. His impending release has sparked discussions among supporters and followers of the cryptocurrency community, reflecting on the impact of Silk Road on Bitcoin's early adoption and market dynamics.
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