Darknet Marketplace Silk Road founder Ross Ulbricht received 300 BTC worth around $31.4 million in one donation from an unknown wallet. data From the Arkham Intelligence Show.
Ulbriccht, sentenced to life in prison, received a complete and unconditional pardon from US President Donald Trump on January 21. He was pardoned and released after serving in prison for 12 years.
Blockchain data It also shows that Ulbricht transferred funds received on June 1, sending $31.29 million to one address and $10,000.43 to another.
The latest contribution amount is far greater than Ulbricht, whom he received after his release. The wallet, run by the free Loss Campaign, won $270,000 worth of Bitcoin within days of its release. The funds were donated to “help Ross move into a new life.”
Ulbrichit’s personal items have so far won $1.8 million at auction
The above deal comes after Ulbricht had already secured $1.8 million from the ongoing auction of personal items. auctionIt will be open until June 2nd and will be held at Scoke City, a Bitcoin-only marketplace.
In a note about rare cities, Ulbricht wrote:
“I decided to auction my personal items before my arrest or while I was in prison. No reminders are needed.
Personal items for the auction include a sleeping bag and backpack before his arrest, a prison ID card, and a painting he created while in prison.
Ulbricht’s latest prison ID card was sold for over $5.5 BTC, over $580,000, after a bid of 11 BTC (valued approximately $1.1 million) was not paid.
According to the item description, Ulbricht had to reissue his ID in a recent photo in 2024 after the prison guards threatened to suspend his visit rights. He pointed out that Ulbricht is talking about an ID photo depicting a smile.
“The guard tried to stop smiling for the photo, but my joy comes from within, so I smiled that day, even if I was in prison 🙂
In December 2023, the oil painting entitled “Archway” was created in collaboration with fellow inmates going to Omega and sold for over 1.01 BTC, with over $106,000. The description of the items noted that Omega taught Ulbriccht’s oil painting techniques. he I wrote it:
“I loved the look of this archway in the picture and had to paint it.
Ulbrichit has access to dormant BTC worth millions of dollars
In addition to the heavier amounts Ulbricht has won in his donations, he may also have access to millions of dollars worth of BTC that were never seized by the US government. During the Silk Road Bust in 2013, the government had seized more than 100,000 BTC.
January 22nd, Coinbase Director Connor Grogan Found 430 BTC, worth about $47 million, across multiple wallets linked to Ulbricht. These wallets have been dormant for over 13 years, Grogan noted.
That’s what Grogan discovered Confirmed Arkham Intelligence tracked 14 Bitcoin wallets linked to the Silk Road.
Earlier last month, two of these dormant wallets were active, moving 3,422 BTC worth $324.2 million.
