President Trump has followed through on one of his most important campaign promises — at least for those in the crypto community — and pardoned the sentence of Silk Road founder Ross Ulbricht.

“I just called Ross William Ulbricht’s mother to tell her that in honor of her and the Libertarian Movement that has supported me so strongly, it was my pleasure to have just signed a full and unconditional pardon for her son, Ross.” Trump signed a Truth Social post.

The move secures an imminent release for Ulbricht, who was convicted in 2015 of engaging in a continuing criminal enterprise and distributing narcotics along with a number of related crimes through his operation of the darknet Silk Road marketplace. He was sentenced to life in prison without the possibility of parole.

Ulbricht’s case has become a célèbre for many in the crypto community, who note that he did not sell drugs or other illegal items himself, but instead ran a platform where others were allowed to trade.

Then candidate Trump promised a “Day One” reversal of Ulbricht’s sentence last May while addressing the Libertarian Party convention

The price of bitcoin (BTC) rose in the minutes following the news, possibly because the pardon, along with a flurry of orders in recent hours, signals the president’s intention to follow through on campaign promises.

Another of those promises, of course, was a much friendlier cryptoregulatory stance, including the possibility of creating a strategic bitcoin reserve.