#Trump pardons Silk Road founder#

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Overview

Rumors of a potential pardon for Ross William Ulbricht, the founder of Silk Road, by former President Donald Trump have recently been circulating. Elon Musk, in a comment on the social media platform X, mentioned that Ulbricht would be granted a presidential pardon, sparking widespread attention. Bettors on the Polymarket platform also expressed optimism about Ulbricht's chances of receiving a pardon, with the likelihood of his release surging to 99% at one point. It is known that Trump had promised during his campaign that he would pardon Ulbricht on his first day in office, if elected. Ulbricht was sentenced to life in prison for his involvement in running the Silk Road marketplace, and his supporters argue that his sentence is too long. Although Trump did not mention Bitcoin in his inaugural address, Polymarket bettors believe that a pardon for Ulbricht is imminent.

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Analysis

Rumors of a potential pardon for Silk Road founder Ross William Ulbricht by Donald Trump have recently surged. This stems from a message posted by Elon Musk on the social media platform X, stating that Ulbricht would receive a presidential pardon. This news sparked widespread attention, leading to a significant jump in odds on the Polymarket platform regarding Ulbricht's release. It is reported that Trump promised during his campaign last year to pardon Ulbricht on his first day in office if he won. Ulbricht was sentenced to life in prison for operating the Silk Road marketplace, and his supporters believe his sentence was excessive. While Trump has not formally announced a pardon for Ulbricht, this event has fueled speculation about whether he will fulfill his campaign promise. Some sources suggest that Ulbricht might be released within the first 100 days of a potential second Trump administration.

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Trump will pardon Silk Road founder Ross William Ulbricht in his second term.

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Elon Musk said on social media that Trump will pardon Ross Ulbricht.

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Polymarket predicts a high probability that Trump will pardon Ross Ulbricht in his second term.

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Trump promised in his campaign that if he wins a second term, he will pardon Ross Ulbricht on day one.

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