Online Marketplace Pioneer and Bitcoin OG Ross Ulbricht have received millions of dollars from BTC donations after his first public appearance since he was released from prison.
According to blockchain tracking firm LookonchainUlbricht received 300 BTC, worth around $ 31.4 million, from his donation wallet early on Sunday.
Arkham -data suggest That most coins were eventually sent to Crypto Exchange Kraken within a few hours of receiving the donation.
Ulbricht, which was released from prison earlier this year on a grace of President Trump, made one speech At the Bitcoin 2025 conference during the weekend, which was his first performance in public since he was released.
Coinbase director Conor Grogan says that Bitcoin Wallets left by Ross Ulbricht when he was locked up for his role in Silk Road, still have tens of millions of dollars in BTC.
The US government grabbed tens of thousands of Bitcoin to Silk Road, but Grogan says they were unable to get 100% of the coins.
“I found ~ 430 BTC about dozens of portfolios associated with Ross Ulbricht who were not seized by the US government and were still untapped for another 13 years, these were probably dust reports, now, now, they are together about $ 47 million. Welcome back, Ross.”
Grogan, however, makes doubts about whether Ulbricht can gain access to the Bitcoin in the portfolios.
“Unlikely if he has stored the keys somewhere, I think we will know soon enough!”
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Generated image: midjourney