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The Economist
The Economist
23 Jan 2025


NextImg:Ross Ulbricht, pardoned by Donald Trump, was a pioneer of crypto-crime
United States | Silk ties

Ross Ulbricht, pardoned by Donald Trump, was a pioneer of crypto-crime

His dark website, the Silk Road, was to crime what Napster was to music

|CHICAGO

There cannot be many international crime leaders inspired by “The Princess Bride”, a cult children’s fantasy movie released in 1987. Ross Ulbricht, the founder of the Silk Road, the very first dark-web drug-trading network, certainly was. When users signed up for the website, which went live in 2011, they were greeted by a message from the founder, “Dread Pirate Roberts”, the hero of the film, explaining how the site worked. Shielded by Tor, which hides website servers, and using bitcoin to make payments, users could order all manner of goods and services without revealing personal information.

This article appeared in the United States section of the print edition under the headline “Silk ties”

Voters in North Carolina

An unfinished election may shape a swing state’s future

A Supreme Court race ended very close. Then the lawyers arrived.

Migrants from Mexico and Guatemala are apprehended by U.S. Customs and Border Patrol officers after crossing a section of border wall into the U.S.

Donald Trump cries “invasion” to justify an immigration crackdown

His executive orders range from benign to belligerent


A child is silhouetted against a U.S. flag at a rally in support of immigration rights.

To end birthright citizenship, Donald Trump misreads the constitution

A change would also create huge practical problems


Two presidents compete over the worst abuse of the pardon power

Donald Trump and Joe Biden have both made indefensible decisions

Donald Trump has rewritten the history of January 6th

By pardoning violent offenders, he ignored his own team’s advice

Following Trump’s pardons, the Proud Boys are back in the game

Enrique Tarrio tells The Economist he is still figuring out what is next for the group