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Ross Ulbricht received an enormous gift from the crypto world. It was pardoned at first of this 12 months and inside just a few hours 300 bitcoins – sent 31.4 million US dollars – to his donation pocket.
He has already seen support from large players comparable to octopuses who received 111,111 US dollars in Bitcoin and basic efforts of around 270,000 US dollars. Now he has enough to start out over and plenty of within the crypto community watch closely.
Community Support Flows
According to the Blockchain evaluation platform Lookonchain, the 300 BTC landed in Ulbricht wallet just just a few hours after its shipment. This will not be the primary time that generous supporters are shown.
Ross Ulbricht (@Realrossu), the founding father of the #silkroad marketplace, received $ 300 BTC ($ 31.4 million) 8 hours ago.
– Lookonchain (@lookonchain) June 1, 2025
At the start of 2025, octopuses wired quietly over 111,111 US dollars to adapt to life outside of prison. A gaggle called Free Ross claimed greater than 270,000 US dollars.
Another speech to Ulbricht collected 4,615 US dollars in Ethereum, USDC, Tether (USDT) and Binance Coin (BNB). All of this means that many individuals still care for their fate.
Page of the presidency and counter response
On January 21, 2025, US President Donald Trump signed an entire and unconditional pardon for Ulbricht. He had served a double life penalty without probation for 11 years after he was convicted of narcotics and money laundering in New York in 2015.
BTC now acts at USD 103,943. Diagram: Tradingview
Based on reports, Ulbricht could have access to inactive Bitcoin money exchanges connected to the Silk Road, and these wallets can hold about 47 million US dollars. This potential stash has only heated up more debates: some questions whether it needs really external donations if he pays 47 million US dollars of dormant coins.
Auction of private objects
Ulbricht also turned to the sale of parts of his past. Based on reports of the tight city-the Bitcoin provider collector platform Hat, he collected around $ 1.8 million by auction of private objects and art.
His prison -ID card attracted the very best bid: 11 BTC, now greater than 1.1 million US dollars. An oil painting with the assistance of “Omega” colleagues for 1.01 BTC. A complete of thirteen artifacts may very well be won, including prison gymnastics shoes, a welding suit, a T-shirt, a jail notebook and a locker.
Before his arrest, he had things like a Djembe drum, a backpack and Vibram FiveFingers shoes. The bidders have to finish the payment by June 2, and Ulbricht said that he was able to proceed from these physical memories.
Selected picture of Unsplash, Diagram from Tradingview
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