Ross Ulbricht: Silk Road Creator Gifted 300 Bitcoin
Ross Ulbricht, the creator of Silk Road, received 300 Bitcoin as a single donation from an unidentified wallet.

Quick overview
- Ross Ulbricht, creator of Silk Road, received a 300 Bitcoin donation after being pardoned by President Trump.
- After serving 12 years in prison, Ulbricht transferred significant funds, including $31.29 million in Bitcoin.
- He raised $1.8 million through a personal property auction, selling items from his time before and during incarceration.
- Ulbricht's prison ID card sold for 5.5 BTC, highlighting the high value of his personal belongings and potential undisclosed Bitcoin assets.
Ross Ulbricht, the creator of Silk Road, received 300 Bitcoin as a single donation from an unidentified wallet. On January 21, President Donald Trump fully and unconditionally pardoned Ulbricht, who had been given a life sentence.
He was released after receiving a pardon after serving 12 years in prison. On June 1st, Ulbricht transferred the funds, sending $31.29 million to one address and $10,000 to another, according to blockchain data. The most recent donation amount is significantly larger than what Ulbricht received after his release.
Ulbricht received far more donations after his release than in the most recent one. $270,000 worth of Bitcoin was found in a wallet run by the Free Ross campaign days after he was released. The donation was made to “assist Ross in adjusting to his new life.”.
This happened after Ulbricht raised $1.8 million from his ongoing personal property auction. The auction was on Scarce City, a Bitcoin-only marketplace, and will continue until June 2.”I’ve decided to auction some personal items from before my arrest and during my time in prison,” Ulbricht wrote in a note on Scarce City.
“I appreciate that you think these reminders are helpful, but I don’t need them.” Prison ID cards, paintings he made while incarcerated, and a sleeping bag and backpack from before his arrest are among the personal belongings up for auction.
Ulbricht’s most recent prison ID card was sold for 5.5 BTC, or more than $580,000, after the winning bid of 11 BTC, or roughly $11 million, was not paid. Ulbricht may have access to millions of dollars’ worth of Bitcoin that the US government never confiscated, in addition to the substantial donations he has amassed. The government was involved in the Silk Road bust in 2013
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