Donald Trump announced a full and unconditional pardon for Ross Ulbricht, founder of the Silk Road, after Ulbricht's incarceration since 2013 for facilitating over $200 million in illicit trade. Trump praised Ulbricht's libertarian support and condemned the prosecution as government overreach. The Libertarian party welcomed the pardon, emphasizing Ulbricht as a political prisoner and a symbol of injustice. The decision aligns with Trump's shift towards more positive regulatory stances on cryptocurrency, positioning the U.S. as a crypto capital and undoing previous restrictions from the Biden administration.
The move drew praise from the Libertarian party, which has advocated for drug legalization, calling the case an example of government overreach.
In an email, Ulbricht's lawyer expressed gratitude, stating the pardon corrected an injustice and allowed Ulbricht to live out his potential.
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