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The Coinbase executive, Conor Grogan, said he discovered 430 bitcoin associated with Silk Road creator Ross Ulbricht, who have not been touched for 13 years.
The btc is stored in multiple wallets, all linked to Ulbricht, who received an unconditional forgiveness from President Donald Trump on Tuesday, Grogan said. <a target="_blank" href="https://x.com/jconorgrogan/status/1882046613709115875″>In an x post.
These Bitcoins are not part of the around 174,000 btc confiscated from the Silk Road portfolios for the US government. After closing the market in the dark network, said Grogan, director of strategy of products and commercial operations of Coinbase, The greatest exchange of US cryptocurrencies. UU.
In Grogan's publication a screenshot of one of the alleged directions of bitcoin de Ulbrich is shared. The address shows a balance of 88.77 btc, according to Blockchain Mempool explorer.
“At that time they were probably dust portfolios; now, together, around 47 million dollars are worth,” Grogan said, he added: “Welcome again, Ross.”
However, Grogan does not believe that Ulbricht still retains the keys of these portfolios. In one of the comments he added: “It is unlikely that if you still have the keys stored somewhere, I guess we will know soon!”
Ross Ulbricht received the pardon from President Donald Trump
The president of the United States, Donald Trump, granted on Tuesday a total and unconditional pardon to the founder of Silk Road, Ross Ulbricht. Ulbricht, who created and maintained the Market of the Dark Network Digital Silk, had been imprisoned for 12 years.
“I just called Ross William Ulbright to let her know that, in honor of her and the libertarian movement, which supported me so firmly, it was a pleasure for me to have signed a total and unconditional forgiveness for her son, Ross.” Trump said on the social truth platform.
“The words cannot express how grateful we are,” Ross's family said in the x account directed by the Free Ross campaign, adding: “President Trump is a man of speech and has just saved Ross's life. Ross is a free man !!!!! ”
<blockquote class="twitter-tweet” data-width=”550″ data-dnt=”true” wp_automatic_readability=”9.6031746031746″>
Ross has just received a complete and unconditional forgiveness for <a target="_blank" href="https://twitter.com/realDonaldTrump?ref_src=twsrc%5Etfw”>@realdonaldtrump. Words cannot express how grateful we are.
President Trump is a man of speech and has just saved Ross's life. Ross is a free man !!!!!
-Free_ross (@free_ross) <a target="_blank" href="https://twitter.com/Free_Ross/status/1881851923005165704?ref_src=twsrc%5Etfw”>January 21, 2025
Ross Ulbricht was sentenced to two perpetual chains plus 40 years for his role in Silk Road's operation. The dark network market organized the sale of illegal drugs and other prohibited goods and services using bitcoin. Ulbricht was arrested in 2013 and convicted in 2015.
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