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Ross Ulbricht Released: Questions Remain About Unclaimed Silk Road Bitcoin Blockonomi 24 Jan 2025

Ross Ulbricht Released: Questions Remain About Unclaimed Silk Road Bitcoin 🤔

Ross Ulbricht, the founder of the notorious Silk Road, received a presidential pardon from Donald Trump after serving 11 years in prison, reigniting discussions about the Bitcoin tied to the infamous platform.

Approximately 430 BTC, valued at $47 million, remains untouched in wallets potentially linked to Ulbricht. This has fueled speculation about the next steps that federal authorities might take regarding these funds.

Since his release, Ulbricht has garnered over $272,000 in cryptocurrency donations, with a notable $111,111 contribution from crypto exchange Kraken. The situation raises questions about the motivations of these donors and the continued influence of Ulbricht in the crypto community.

Source: blockonomi.com ↗

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