{"id":31394,"date":"2024-05-27T04:36:48","date_gmt":"2024-05-27T04:36:48","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/trump-advocates-for-silk-road-convicts-release-champions-us-crypto-growth\/"},"modified":"2024-05-27T04:36:48","modified_gmt":"2024-05-27T04:36:48","slug":"trump-advocates-for-silk-road-convicts-release-champions-us-crypto-growth","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/trump-advocates-for-silk-road-convicts-release-champions-us-crypto-growth\/","title":{"rendered":"Trump Advocates for Silk Road Convict&#8217;s Release, Champions US Crypto Growth"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>After being found guilty of running the Silk Road and receiving a life sentence in 2015, Ross Ulbricht is still behind bars for his role in enabling the purchase of illegal narcotics and hacking equipment between 2011 and 2013 using Bitcoin and other virtual currencies. Ulbricht, who is currently serving a life sentence, has garnered a lot of attention from libertarian voters who see his case as an example of government overreach.<\/p>\n<p>In an attempt to win over libertarians, Donald Trump has promised to back Ulbricht. This action is consistent with libertarians\u2019 long-standing support of Ulbricht\u2019s release. With his support for \u201ceverything related to\u201d cryptocurrencies, the GOP candidate who has been charged four times has significantly changed his stance from earlier criticism.<\/p>\n<p>Trump\u2019s newfound stance on cryptocurrencies contrasts sharply with his earlier views. In a 2021 Fox Business interview, he championed the U.S. dollar\u2019s dominance and called for strict regulation of digital currencies. Now, he expresses strong support for the burgeoning industry.<\/p>\n<p><em>\u201cI am very positive and open-minded to cryptocurrency companies and all things related to this new and burgeoning industry. Our country must be the leader in the field, there is no second place.\u201d<\/em>\u2014 Donald Trump, former U.S. President<\/p>\n<h2><strong>Surge in Trump-Themed Meme Coins<\/strong><\/h2>\n<p>A few Trump-themed meme coins have seen a <a href=\"https:\/\/igaming.org\/crypto\/global-meme-coin-economy-reaches-18-25-billion-report\/\">sharp increase<\/a> in value as a result of Trump\u2019s outspoken support for cryptocurrencies. As investors believe that a Trump administration may be advantageous for the cryptocurrency industry, tokens like the \u201cMAGA\u201d coin have increased in value.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>175% Extra +<strong> $75 Risk Free Bet<\/strong>!<\/strong> <\/p>\n<p>New players only. 175% on 1st Deposit + $75 Risk Free Bet<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Trump\u2019s decision to back cryptocurrency and his pledge to help Ulbricht demonstrate his approach of courting the support of the crypto community and the Libertarian voter base.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/trump-advocates-for-silk-road-convicts-release-champions-us-crypto-growth\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) After being found guilty of running the Silk Road and receiving a life sentence in 2015, Ross Ulbricht is still behind bars for his role in enabling the purchase of illegal narcotics and hacking equipment between 2011 and 2013 using Bitcoin and other virtual currencies. Ulbricht, [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":31395,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/31394"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=31394"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/31394\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/31395"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=31394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=31394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=31394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}