Former President Donald J. Trump has stirred controversy by promising to pardon Ross Ulbricht, the founder of Silk Road, if he is re-elected. This announcement has sparked intense debate within the crypto community and beyond. David Bailey, CEO of Bitcoin Magazine, sees this as a potential shift in crypto regulation under Trump's leadership. Ulbricht's involvement in Silk Road, an online marketplace for illegal goods, landed him a life sentence, but Trump's pledge is seen by some as a gesture towards individual freedom and crypto potential. Critics, however, argue it undermines the law. Trump's stance on Ulbricht and his pro-Bitcoin stance are now key talking points leading up to the 2024 election.
