Thanks. I appreciate your view on the sentence, but I'm interested in why Trump would issue a pardon.
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?
There are credibility issues if you make promises you don't follow up on, especially very public promises that are completely within your power to carry out; there are no limits on the presidential pardon power, barring that it only applies to federal crimes.