Founder of Silk Road Ross UlbrichtClaims that U.S. President Donald Trump’s sentence will be pardoned in his first week Elon MuskWith ‘s comment, it rose to 95 percent on Polymarket. Tesla CEO and one of Trump’s supporters, Elon Musk, responded to an X user’s post and said, “Ross will also be released.” Following Musk’s statement, the probability of Ulbricht being pardoned in the first week increased from 54 percent to 95 percent on the prediction platform Polymarket. A total of 51 thousand 367 dollars were bet on this prediction.
The Possibility of Amnesty Within 100 Days Becomes More Possible
In another Polymarket bet, Ulbricht is given a 97 percent chance of being pardoned by Trump in his first 100 days of office. The betting volume based on this prediction has reached 5 million dollars.
As is known, Ulbricht was arrested in 2013 and convicted in 2015 for founding and managing Silk Road. Silk Roadillegal products Bitcoin 
$102,590.7 It was a darknet platform that enabled trading with. Ulbricht was sentenced to life in prison with no chance of parole.
Support for Ulbricht Grows Like an Avalanche
For Ulbricht’s pardon freeross.orgMore than 600 thousand signatures were collected in the campaign launched in . Supporters say the punishment is harsh and unfair. Additionally, some Bitcoin communities that believe in Silk Road’s libertarian ideals also openly support Ulbricht.
Trump announced in May last year that he would commute Ulbricht’s sentence on his first day if he was re-elected. Ulbricht thanked X for this statement and also noted that no official statement was made. On the other hand, Ulbricht published a warning message stating that he had no connection with any cryptocurrency using his name.
The developments with Musk’s statement had a great impact both within Ulbricht supporters and the cryptocurrency community. However, Trump’s lack of official action yet fuels the wait and uncertainty.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
