Polymarket Bettors Predict Ross Ulbricht Pardon in Trump’s First 100 Days
President Donald Trump did not mention bitcoin in his inaugural speech or executive orders. However, bettors on Polymarket predict a pardon for Ross Ulbricht, founder of Silk Road, following statements from Elon Musk and Angela McArdle.
- Polymarket contract for Trump's pardons surged to 99% for Ulbricht.
- Trump promised to commute Ulbricht's sentence if re-elected, stating he would be home soon.
- Ulbricht is serving a life sentence, deemed excessively long by supporters.
- Roger Ver, an early bitcoin investor, has a 32% chance of receiving a pardon within the first 100 days after being indicted for tax fraud.
- Bettors estimate a 43% likelihood of a cryptocurrency executive order in the first week.