Ross Ulbricht, the founding father of Silk Road, faces eBay verification delays after his pardon. Will he launch a brand new market in 2025? Regulatory challenges are anticipated as companies are more likely to avoid associating with him after spending over 12 years in jail earlier than Donald Trump’s pardon.
Ross Ulbricht, credited with popularizing Bitcoin and turning it right into a medium of trade when it was barely three years outdated through the notorious Silk Road Marketplace, is once more making headlines.
(BTCUSDT)
After serving 12 years in jail earlier than Donald Trump pardoned him in January 2025, he’s making an attempt to rebuild his life. To get him on observe, crypto followers launched ROSS, one of many greatest meme cash to purchase.
He just lately wished to public sale a few of his belongings on eBay, the worldwide market.
Is eBay Knowingly Irritating Ross Ulbricht?
Nevertheless, Ulbricht claims eBay has knowingly and frustratingly delayed the verification course of.
In a put up on X, Ulbricht expressed frustration over eBay’s failure to confirm his identification for over per week.
Been making an attempt to public sale some private belongings. @eBay needs to confirm my ID. I offered all docs per week in the past and nonetheless nothing. I’ve talked to a number of eBay reps & hold being delay.
Right this moment’s the final day to begin an public sale earlier than I go away city. Have you learnt somebody who will help?
— Ross Ulbricht (@ActualRossU) March 25, 2025
He had been trying to public sale his belongings however confronted extended delays in getting approval. Finally, he suspected that {the marketplace} deliberately prevented processing his request resulting from his legal historical past, so he felt “discriminated against since going free.”
The state of affairs has fueled hypothesis that eBay intentionally avoids associating with the previous darknet market operator.
Though eBay has not issued an official assertion, it’s believable that the corporate is hesitant to permit the Silk Road founder on its platform, doubtless resulting from reputational dangers tied to his legal historical past.
Earlier than being pardoned, Ulbricht confronted a double life sentence plus 40 years for his function in facilitating the sale of narcotics via Silk Road.
Regulation enforcement claimed that criminals moved over $200 million via the platform.
Ulbricht will not be alone.
Many others complain about eBay customer support, inconsistencies in verification insurance policies, and harsh vendor insurance policies.
They declare the platform unfairly favors patrons and even sides with scammers.
Will Ulbricht Create His Personal Marketplace?
This frustration is why Ulbricht publicly toyed with the thought of launching his market.
I used to be simply instructed that @eBay is conscious of this, however is selecting to not do something about it. First time I’ve felt discriminated towards since going free.
Gee, perhaps I ought to begin my very own ecommerce web site. What’ll I name it…?
— Ross Ulbricht (@ActualRossU) March 25, 2025
Whether or not he’s severe or not, the prospect of Ulbricht re-entering the e-commerce trade has gained traction.
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One other suggestion was that he ought to “seek or build a decentralized and censorship-resistant solution.”
I consider it is a time for low time choice, not for fast strikes. You’re a powerful advocate of free markets and a tradition of societal resistance. Search or construct an answer that’s decentralized and censorship-resistant. eBay might have broad attain, however what’s wanted here’s a…
— Modeotec (@ModeotecArt) March 26, 2025
Others additionally suggested him to discover options that assist untraceable digital money, like Monero–among the finest cryptos to purchase–, whereas not charging an inventory payment.
Hey @ActualRossU ! Checkout . It’s gaining traction because the clearnet, untraceable digital money, peer to see “eBay”. No charges to checklist. No charges taken on transactions. Vendor retains all of it. Simply the fraction of cent Monero transaction payment. Additionally there’s a multi…
— Douglas Tuman (@DouglasTuman) March 25, 2025
His expertise with Silk Road would possibly assist launch a brand new market, however there are challenges.
As seen with eBay’s response, he’ll doubtless face regulatory scrutiny. Accordingly, some mainstream monetary establishments and fee processors might hesitate to assist a enterprise tied to his title.
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Ross Ulbricht Snubbed by eBay: Will the Silk Road Founder Launch a New Marketplace in 2025?
- eBay delays Ross Ulbricht’s Verification. Is he being discriminated towards?
- Silk Road founder hints at launching a brand new market after eBay frustration
- Ulbricht can construct a crypto-powered market, however he would possibly face challenges
The put up Will Silk Road Founder Ross Ulbricht Launch a New Marketplace After eBay Frustrations? appeared first on 99Bitcoins.
