Who moved $3M in Silk Road BTC? Dormant addresses spring back to life
Over 176 low-value transfers, $3.1 million worth of ‘dust’ was consolidated from Silk Road-era addresses before moving to Coinbase Prime.
Over 176 low-value transfers, $3.1 million worth of ‘dust’ was consolidated from Silk Road-era addresses before moving to Coinbase Prime.
Silk Road founder Ross Ulbricht received millions of dollars in crypto and could owe a substantial amount in gift taxes to the IRS.
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.