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

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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.

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