
Standing on stage at the Bitcoin 2024 Conference in Nashville last summer, Donald Trump knew exactly how to get the crowd on his side. After promising to make the US the “crypto capital of the planet” and fire the deeply unpopular SEC chairman Gary Gensler, the Republican candidate made a pledge that received one of the biggest cheers of his speech.
“I will commute the sentence of Ross Ulbricht to a sentence of time served,” he said, referring to the founder of the notorious dark web marketplace Silk Road, who had been in prison since 2013. “It’s enough, it’s enough.”