Ross Ulbricht, the founder of the infamous Silk Road platform, broke his silence after being released from prison following nearly ten years behind bars. In a heartfelt video shared on social media Friday morning, Ulbricht expressed deep gratitude for his newfound freedom, stating, “I feel immense gratitude to have my life and future back.”
Ulbricht thanked his family and the countless supporters who campaigned for his release over the years, emphasizing the significance of this moment not just for himself but also for those who believed in his cause. “This is a historic moment for both me and everyone who stood by me through these difficult years,” he said.
Resonance in the Bitcoin Community
Ulbricht’s release has sent ripples through the Bitcoin and broader cryptocurrency communities. While many libertarian-leaning Bitcoin advocates celebrated the news, others expressed mixed reactions. Speculation about whether Ulbricht still has access to any of his former cryptocurrency holdings has fueled debates online.
The U.S. government seized approximately 174,000 Bitcoin tied to Ulbricht, valued at billions today. However, unconfirmed reports suggest that wallets potentially associated with him still hold around $47 million worth of Bitcoin. In a show of solidarity, cryptocurrency exchange Kraken reportedly donated $111,000 worth of Bitcoin to support Ulbricht shortly after his release.
A Symbol of Second Chances
In his statement, Ulbricht described his freedom as a beacon of hope for those who believe in second chances and the importance of redemption. “This moment is not just about me. It’s a message of hope for anyone who values freedom and believes in the power of second chances,” he said.

The Legacy of Silk Road
Founded in 2011, Silk Road quickly became a notorious dark web marketplace, enabling anonymous transactions. While hailed by some as a revolutionary step for internet privacy, it faced heavy scrutiny for facilitating illegal activities. The platform’s closure by U.S. authorities in 2013 led to Ulbricht’s arrest and a life sentence without parole.
With his release, questions arise about Ulbricht’s next steps and how he plans to navigate life outside prison. For now, the cryptocurrency world remains captivated by his story, with platforms like Turkish NY Radio amplifying discussions about his release and its implications.