
The Lanai Purchase
Paperback

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4,268 words · no email, no account
No. 103 · Technology & Money · Technology
a biography of Ross William Ulbricht
October 1, 2013, the Glen Park Branch of the San Francisco Public Library, 2825 Diamond Street. FBI Special Agents arrest Ross William Ulbricht, twenty-nine, while he is logged into the administrator panel of the Silk Road dark-web marketplace under the username Dread Pirate Roberts. The site has, over its thirty-month operational life, processed an estimated $1.2 billion in Bitcoin transactions for narcotics, false identification documents, and stolen credit-card numbers. He is convicted on seven federal counts in February 2015 and sentenced to two life terms plus forty years without parole. He is pardoned by Donald Trump on January 21, 2025, after twelve years in federal prison.
Sterling Aldridge's biography opens earlier — in Austin, Texas, where Ulbricht was born in 1984, the son of a Boy-Scout-troop-master real estate developer — and follows the arc through the University of Texas at Dallas and the Penn State materials-science PhD program he abandoned, the Good Wagon Books second-hand-textbook reseller of 2010-11, the libertarian conversion under Mises Institute reading, the January 2011 Silk Road launch, the long thirty-month marketplace operation, the alleged six murder-for-hire commissions that he was not separately convicted of, the FBI's Operation Onymous tracking, the Glen Park arrest, the trial under Judge Katherine Forrest, the 2017 Second Circuit appellate affirmation, the Free Ross movement of his mother Lyn Ulbricht, and the January 21, 2025 presidential pardon.
What emerges is a portrait of the libertarian-converted PhD candidate whose dark-web marketplace ran for thirty months at the infrastructure-level of the modern cryptocurrency economy — and whose decade of incarceration ended in a Mar-a-Lago pardon ten minutes after Donald Trump's second inauguration.
The opening chapter is published in full — read it here.
Ross William Ulbricht. The title never carries the subject's name: it names one concrete thing out of the life — in this case The Glen Park Library — and the name goes on the line underneath.
No. No subject, estate, label or foundation had approval over the text, and none paid for a word of it. The cost of that independence is that no new interviews were conducted for the book; it is built from the public record, and it says on the page where a scene is reconstructed rather than documented.
Yes — the whole opening chapter and the writer's foreword, free and in full, with no email address and no account. That is 4,268 words of the book.
About 63,000 words, 19 chapters, 206 pages in the paperback.