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The U.S. Marshals Service once sold Ross Ulbricht's forfeited 144,000 bitcoins at a price of $334 per coin.

2025-01-23 08:33

BlockBeats News, January 23rd, according to Fortune report, Trump previously pardoned Silk Road founder Ross Ulbricht, ending his nearly 12-year imprisonment. In 2013, the FBI seized 144,000 bitcoins held by Ulbricht, and the US Marshals auctioned them in 2014 at a price of $334 per bitcoin, totaling about $48 million. Based on the current price, these bitcoins are worth about $14 billion. Venture capitalist Tim Draper acquired about 30,000 bitcoins in this auction.


BlockBeats previously reported that Coinbase executive Conor Grogan stated in a post that he discovered around 430 BTC in dozens of wallets associated with Silk Road founder Ross Ulbricht. These wallets were not seized by the US government at that time and have not been moved for over 13 years. These addresses may have been considered "dust wallets" (referring to wallets with very small amounts that are often overlooked) at the time, and now they are collectively worth about $47 million. If Ross Ulbricht can find the private keys, he may be able to reclaim these assets.

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