Bitcoin24h $107,153.12-1.09%

Ethereum24h $2,488.61-0.60%

XRP24h $2.24+1.61%

BNB24h $657.22+0.37%

Solana24h $155.20+1.44%

TRON24h $0.2803+1.39%

Dogecoin24h $0.1653-2.46%

Cardano24h $0.5733-0.78%

Hyperliquid24h $39.58-0.30%

Bitcoin Cash24h $506.86+0.44%

Does Ross Ulbricht owe back taxes on crypto donations?

Silk Road founder Ross Ulbricht received millions of dollars in crypto and could owe a substantial amount in gift taxes to the IRS.

Who donated 300 BTC to Ross Ulbricht?

Someone donated 300 BTC to Ross Ulbricht this weekend, and despite some initial skepticism, it doesn’t appear to be him.

Ulbricht lost $12M to a Maximal Extractable Value bot operator, meaning he can’t claim that he was giving back to his supporters.

As Bitcoiners cheer the presidential pardon of Ross Ulbricht, few remember his still-imprisoned second-in-command, Variety Jones.

Traders were spooked on Wednesday when it was reported that the US government could be set to sell 69,370 Silk Road bitcoins.