#Trump pardons Silk Road founder#
Hot Topic Overview
Overview
Rumors are swirling that Trump will pardon Ross Ulbricht, the founder of Silk Road. Multiple sources, including White House insiders and Elon Musk, have confirmed the news. Polymarket's prediction market shows a 99% chance of Ulbricht's release within the first 100 days of Trump's second term. Trump did not mention Bitcoin or cryptocurrency in his January 21, 2025 inaugural address, but he promised to pardon Ulbricht on day one and commute his sentence to time served. Ulbricht was sentenced to life in prison without parole for his role in running the Silk Road marketplace. His supporters argue that his sentence was too long for his crimes.
Ace Hot Topic Analysis
Analysis
The current focus regarding the potential pardon of Ross William Ulbricht, the founder of Silk Road, revolves around Elon Musk's recent comments on the social media platform X. Musk suggested that Ulbricht will be granted a presidential pardon, a statement that sparked widespread attention and drove the probability of Ulbricht's release on Polymarket to 95%. Sources indicate that a pardon order could be issued by Trump tonight or tomorrow morning, citing a promise made by Trump during his 2020 campaign to pardon Ulbricht. Ulbricht was sentenced to life imprisonment for his role in operating the Silk Road marketplace, with his supporters arguing that his sentence was excessive. While Trump made no mention of Bitcoin or cryptocurrency in his inaugural speech, Polymarket bettors believe Ulbricht's pardon is imminent.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump
will
pardon
Silk
Road
founder
Ross
Ulbricht
The
pardon
will
take
place
within
the
first
100
days
of
Trump's
second
term
Trump
pledged
to
pardon
Ulbricht
during
his
campaign
Ulbricht's
supporters
believe
his
sentence
was
too
long