Silk Road founder Ross Ulbricht who is currently serving a double sentence in prison for his role in running a distribution network that allows buying and selling hard drugs through the use of Bitcoin made a statement on Friday describing his emotions on the eve of his 10th year in prison.
According to a Twitter post via his account run by a loved one, Ross shared that he regrets his actions as the mastermind of Silk Road. He admitted to having caused a lot of pain and ruined his life when he looked back at his many errors.
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Ulbricht was arrested and sentenced to life in prison on seven charges in 2013; distribution of narcotics, distribution of narcotics over the Internet, conspiracy to distribute narcotics, furthering a criminal enterprise, conspiracy to hack a computer, conspiracy to smuggle using false identification, and money laundering.
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Ulbricht received proceeds through Bitcoin from about 1,229,465 transactions over the two-year operation from his ‘darknet’ website as stated by court documents.Â
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The Silk Road founder is still very much present in the crypto space despite his sentence. He introduced a decentralized social protocol (DSP) in 2021 stating how it will operate and the problems to solve.
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Support for Ulbricht
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Ulbricht has continued to receive support from crypto enthusiasts around the globe. Most of his supporters feel his sentence is unfair and therefore deserves a second chance.Â
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The ‘ClemencyForRoss’ support group on Twitter made a Twitter post on Friday stating that Ulbricht doesn’t deserve to die in prison because he is a first-time offender, his charges were non-violent and he has shown an exemplary life by giving help to others in prison.
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According to a news report by Blockchain.News, a billboard in Times Square was rented for several months in 2020 by Ulbricht’s supporters to campaign for his release.Â
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Some of Ulbricht’s supporters believe that he only created a safe space for conducting business and the government is only after him because they didn’t get a share from his proceeds.
Image source: Shutterstock
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