Given that Trump didn't pardon Ulbricht during his first presidential term, why now?
What does Trump, who is notoriously transactional, get in return for this? Alternatively, what signal is he sending and to who?
I'm unconvinced that Trump in 2020 thought Ulbricht's total sentence was okay, but four years later has apparently changed his mind. So who's the client here? It doesn't seem to be Ulbricht - is it libertarians in general? Why does Trump, as a second term president, actually care?