Polymarket Bets on Trump's Pardon for Ross Ulbricht
Crypto/Policy

Polymarket Bets on Trump's Pardon for Ross Ulbricht

Market speculation surrounds a potential pardon for Silk Road founder Ross Ulbricht by President Trump during his second term.

Overview

Bettors are currently estimating a 99% chance that Donald Trump will pardon Ross Ulbricht within the first 100 days of his return to the presidency.

Elon Musk and Angela McArdle have both indicated through social media that a pardon is imminent.

“Ross will be freed too”
— Elon Musk (@elonmusk) on Twitter.
(Translation: Ross will also be released.)

“Pres. Trump’s staff just confirmed to me that Ross’s pardon will be issued tonight or tomorrow morning. ❤️”
— Angela McArdle (@angela4LNCChair) on Twitter.
(Translation: The staff of the President confirmed that Ross will be pardoned soon.)

Trump has previously stated he would pardon Ulbricht during his campaign, promising to commute his life sentence, noting that he has served enough time already. Ulbricht was sentenced to life in prison without parole for his role in operating the Silk Road, a dark web marketplace that transformed online transactions.

Supporters argue that his sentence was excessively harsh for the crime.

Other names on the Polymarket pardon list include Roger Ver, a notable figure in the bitcoin community, who faces a lower chance of receiving clemency.”

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