Trump wants to get Ross Ulbricht out of prison and end “Crypto-Crusade”
Former president and current leading Republican candidate Donald Trump never disappoints when it comes to his statements. He recently promised to pardon Ross Ulbricht, the founder of the infamous dark web marketplace Silk Road, who is currently serving a life sentence.
Trump’s remarkable speech
During the day his speech to the Libertarian Party, where he was the first major candidate from either of the two major parties to appear before a rival party’s convention, Donald Trump was met with both boos and cheers. Yet he managed to attract attention with his promise to pardon Ross Ulbricht and express his support for the crypto industry.
Props to Ross Ulbricht
Trump’s commitment to reduce Ulbricht’s sentence, followed by outpouring of support from those in attendance, highlights the growing importance of this issue within the Libertarian Party and the broader crypto community. Ulbricht, also known as “Dread Pirate Roberts,” is a controversial figure in crypto history for his role in Silk Road.
End to “crypto crusade”
In addition to his promise to free Ulbricht, Trump made it clear that he would oppose efforts by the current administration, led by Joe Biden, to suppress the crypto industry. He assured crypto holders that he would be committed to self-custody and oppose the development of government-issued digital currencies (CBDCs), contributing to his growing popularity among crypto enthusiasts. Yet not everyone was equally enthusiastic about the arrival and speech of the former president.
Rapprochement with crypto
Trump’s recent moves toward the crypto industry, including accepting cryptocurrency donations for his campaign and expressing support on social media, mark a notable shift in his position. His speech to the Libertarian Convention promises an interesting development in the run-up to the elections and sheds new light on his relationship with the crypto community.
