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Today, Explained

The Silk Road pardon

Mon, 27 Jan 2025

Description

President Donald Trump pardoned Silk Road creator Ross Ulbricht and launched his own memecoin, signaling a new attitude toward cryptocurrency in his second term. This episode was produced by Amanda Lewellyn and Peter Balonon-Rosen, edited by Amina Al-Sadi, fact-checked by Laura Bullard and Victoria Chamberlin, engineered by Andrea Kristinsdottir and Rob Byers, and hosted by Sean Rameswaram. Transcript at vox.com/today-explained-podcast Support Today, Explained by becoming a Vox Member today: http://www.vox.com/members A supporter of Ross Ulbricht, the founder of the Silk Road underground market who was serving life in prison until President Trump pardoned him on his first full day in office. Photo by Spencer Platt/Getty Images. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Transcription

Chapter 1: What did President Trump do on his first day in office?

1.351 - 24.188 Sean Rameswaram

One of the last things President Biden did on his way out of office was pardon his siblings and their spouses. What did they do? We may never know. One of the first things President Trump did on his way back into office was pardon everyone involved with January 6th, What did they do? Everyone knows, but it wasn't just the insurrectionists. Trump also pardoned two dishonest D.C.

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24.248 - 37.874 Sean Rameswaram

cops and 23 anti-abortion activists. A lot of these may come as no surprise if you're familiar with the president's politics, but he also pardoned a guy named Ross Ulbricht, known to some dorks as Dread Pirate Roberts.

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38.434 - 39.855 Unknown Speaker

And this is an important

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Chapter 2: Who is Ross Ulbricht and what did he create?

42.434 - 58.048 Sean Rameswaram

Ross was the creator of the Silk Road, a dark website where you could score heroin and fentanyl, among other things. That particular pardon doesn't seem to line up with our purported law and order president. So we're going to look into it on Today Explained.

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59.79 - 74.873 Jane Doe

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75.213 - 85.334 Jane Doe

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85.854 - 88.895 Sean Rameswaram

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90.871 - 104.453 Scott Galloway

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104.473 - 118.716 Scott Galloway

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127.245 - 127.826 Amanda Lewellyn

explained.

131.573 - 137.143 Donald Trump

I would like to welcome to the stage 45th President of the United States, Donald J. Trump.

138.359 - 146.786 Nick Bilton

Trump went to the Libertarian Conference, and the room's filled with all these people, and they're holding up these Free Ross signs to say Free Ross Ulbricht.

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