Trump promises to reduce Ross Ulbricht’s life sentence if reelected, potentially freeing Silk Road’s creator after 11 years in prison
Donald J. Trump has promised to reduce the life sentence of Silk Road founder Ross Ulbricht to a time served sentence if he is reelected as president.
Ulbricht, who has been imprisoned for 11 years for creating the underground marketplace Silk Road, could see a dramatic change in his situation. Trump made this statement during his speech on Saturday night at the Libertarian National Convention in Washington, D.C., where he was enthusiastically welcomed by a crowd actively supporting Ulbricht’s release.
Donald Trump and his renewed approach to crypto
At the same event, Trump expressed his support for the crypto industry, promising to end what he calls Joe Biden’s crusade against this sector. He has stated on social media that he is in favor of and open to cryptocurrency companies, emphasizing that the United States needs to lead in this field.
His current stance marks a notable change from his previous comments on crypto, now asserting a desire to ensure a future for Bitcoin and other cryptocurrencies in the United States.
Promises of protection and support for the future of cryptocurrencies
In his speech, Trump also pledged to protect the rights of cryptocurrency holders to self-custody their assets, while opposing the creation of a central bank digital currency.
He positioned his campaign as a barrier against regulators like Elizabeth Warren, promising to keep his “minions” away from Bitcoin and ensuring that crypto regulation remains favorable to investors and users in the United States. This aligns with his recent initiative to accept cryptocurrency donations, a first for a major party presidential candidate.
