From MLQ.ai, June 1:
Key Points
- Ross Ulbricht's donation wallet received 300 BTC, valued at approximately $31.4 million, in a single transaction.
- The donation was confirmed on the Bitcoin blockchain just hours before public disclosure.
- Ulbricht was released from prison in January after serving 12 years and receiving a presidential pardon.
- The donation has sparked renewed discussion in the crypto community and comes as Bitcoin trades near all-time highs.
- Questions remain about the identity of the donor and the broader implications for Ulbricht’s finances and crypto market sentiment.
Ross Ulbricht, the recently released founder of the Silk Road marketplace, received a significant donation of 300 bitcoins—worth about $31.4 million—to his donation wallet today. The large transfer, confirmed on the Bitcoin blockchain, has drawn considerable attention from both the cryptocurrency community and market watchers.
Details of the Donation
Blockchain records show that a single inbound transaction delivered 300 BTC to Ulbricht’s publicly listed donation wallet earlier today. At prevailing market prices, the donation is valued at approximately $31.4 million 35. The origin of the funds remains undisclosed, sparking speculation regarding the donor’s identity and intentions.
Background: Ulbricht’s Release and Recent Activities
Ulbricht, who founded the Silk Road dark web marketplace, was released from prison in January 2025 after serving nearly 12 years. His release followed a full presidential pardon after a double-life sentence without parole 3. Since regaining his freedom, Ulbricht has re-engaged with the crypto community, delivering a public speech at the Bitcoin 2025 conference in Las Vegas and auctioning memorabilia from his time in prison, including his prison ID, which reportedly sold for about $1.15 million 1....
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