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

The pardon is a big deal for cryptocurrency enthusiasts and libertarians, who have been pushing for Ulbricht’s sentence to be absolved for years.

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.