The recently pardoned Ross Ulbricht, the founder of the dark web marketplace Silk Road, looks to still hold millions of dollars in Bitcoin. This comes following the revelation of wallets linked to the Silk Road founder, containing coins that remained untouched while he was in prison. 

Ross Ulbricht Reportedly Still Holds $44 Million In Bitcoin

In an X post, On-chain sleuth Conor Grogan revealed that the Silk Road founder Ross Ulbricht still holds $44 million in Bitcoin. Grogan stated that he found 430 BTC across dozens of wallets associated with Ulbricht that were not confiscated by the US government and have been untouched for over 13 years, the period in which Ulbricht was in jail.

Grogan remarked that these wallets were probably dust wallets back then, which could explain why the US government paid little attention to them and failed to trace them. However, these wallets are now collectively worth over $44 million. This sum could undoubtedly help Ulbricht, who was recently pardoned by US President Donald Trump, get back on track after spending around 13 years in prison for cybercrimes involving the Silk Road marketplace. 

However, while these bitcoins may indeed belong to Ross Ulbricht, there is a probability that the Silk Road may no longer have access to them. Grogan noted that it is unlikely that he has the keys stored down anywhere, meaning that Ulbricht may be unable to access these funds or even move them to sell. 

Meanwhi

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Author: Scott Matherson

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