#Trump pardons Silk Road founder#
Hot Topic Overview
Overview
Rumors are swirling about a potential pardon for Ross William Ulbricht, the founder of Silk Road, by President Trump. Multiple sources, including Elon Musk and White House insiders, have confirmed the news. Bettors on Polymarket have also expressed their belief in this possibility, with the odds of Ulbricht's release within the first 100 days of Trump's second term sitting at a staggering 99%. Trump had promised to pardon Ulbricht during last year's campaign if he was elected. Ulbricht was sentenced to life in prison for his role in running the Silk Road marketplace, and his supporters believe his sentence is excessive. It is expected that Trump will issue the pardon tonight or tomorrow morning.
Ace Hot Topic Analysis
Analysis
Rumors are swirling about a potential pardon for Ross Ulbricht, founder of the Silk Road, by Donald Trump. The news was first reported by Elon Musk on the social media platform X, sparking widespread attention. Bettors on the Polymarket platform have shown significant interest in this event, placing bets that Ulbricht has a 99% chance of being released within the first 100 days of Trump's second term. Trump reportedly promised to pardon Ulbricht at the Libertarian National Convention in May of last year, should he win the election. Ulbricht was sentenced to life in prison for his role in operating the Silk Road marketplace, and his supporters believe his sentence was excessive. While Trump did not mention Bitcoin or cryptocurrency in his inaugural address, Polymarket bettors believe Ulbricht's pardon is imminent. Currently, both White House insiders and Musk have confirmed the news, stating that the pardon will be released in the near future.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump will pardon Silk Road founder Ross William Ulbricht during his term.
Trump's pardon action could happen soon, possibly as early as Monday.
Trump promised to pardon Ulbricht during his campaign and said he would release him on his first day in office.
Ulbricht's supporters believe his sentence is too long and have called for his pardon.