Bitcoin

Trump promises to release Silk Road founder Ross Ulbricht if re-elected

Former US President Donald Trump has pledged to pardon Silk Road founder Ross Ulbricht if he is re-elected in the November presidential election.

At the Libertarian National Convention held in Washington on May 25, President Trump said, “If you vote for me on the first day, I will commute Ross Wolvercht’s sentence.”

“He has already served 11 years in prison. We will bring him home,” he said of the founder of Silk Road, known as the first modern darknet market with a Bitcoin (BTC)-based payment system.

Donald Trump speaks at the Libertarian National Convention in Washington. Source: Rumble

Silk Road began in 2011 and was run and run by Ulbricht under the username “Dread Pirate Roberts” on his personal laptop. On October 1, 2013, the U.S. Federal Bureau of Investigation (FBI) confiscated the laptop.

Ulbricht was convicted in U.S. federal court in 2015 on various charges related to his Silk Road operations. He was sentenced to two life terms and 40 years in prison, with no possibility of parole.

Related: Donald Trump says his campaign will embrace cryptocurrency.

Trump also mentioned his advocacy for cryptocurrencies after switching his leanings toward digital assets earlier this year.

“We will ensure that the future of cryptocurrency and the future of Bitcoin is created in the United States, not abroad,” he said, promising to protect those who choose to hold their cryptocurrency assets outside of centralized cryptocurrency exchanges.

“I will support self-governance for the 50 million cryptocurrency holders across the country. I say this with your vote: I will keep Elizabeth Warren and her followers out of your Bitcoin,” he added. Yes. During his presidency, he called Bitcoin a scam.

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