$47M Bitcoin wallet linked to Silk Road founder re-surfaces after a decade
https://cryptoslate.com/47m-bitcoin-wallet-linked-to-silk-road-founder-re-surfaces-after-a-decade/
Conor Grogan, a Director at Coinbase, has identified 430 BTC distributed across various wallets potentially tied to Ross Ulbricht, the founder of the Silk Road marketplace.
These Bitcoin holdings, untouched for over a decade, are estimated to be worth $47 million based on current market prices.
In a Jan. 22 post on X (formerly Twitter), Grogan pointed out that these funds are not among the more than 100,000 BTC seized by US authorities during Silk Road’s 2013 shutdown.
nym
npub1hn…whtl5
2025-01-23 03:00:16
Author Public Key
npub1hn4zhxzsd5w4m5kvq326gqnsrc6zcakhparw8pee4tw7wlxw70ysawhtl5Published at
2025-01-23 03:00:16Event JSON
{
"id": "ac573d13bf46f7c1494c21736a16534d17e8299f845c8c5821b4f699fd96ed2b",
"pubkey": "bcea2b98506d1d5dd2cc0455a402701e342c76d70f46e38739aadde77ccef3c9",
"created_at": 1737601216,
"kind": 1,
"tags": [],
"content": "$47M Bitcoin wallet linked to Silk Road founder re-surfaces after a decade\n\nhttps://cryptoslate.com/47m-bitcoin-wallet-linked-to-silk-road-founder-re-surfaces-after-a-decade/\n\nConor Grogan, a Director at Coinbase, has identified 430 BTC distributed across various wallets potentially tied to Ross Ulbricht, the founder of the Silk Road marketplace.\n\nThese Bitcoin holdings, untouched for over a decade, are estimated to be worth $47 million based on current market prices.\n\nIn a Jan. 22 post on X (formerly Twitter), Grogan pointed out that these funds are not among the more than 100,000 BTC seized by US authorities during Silk Road’s 2013 shutdown.",
"sig": "595133d741b67ef5c02f0213ef97071e8307046747f804135dadc183a6be01fe0c4f4680b67e4f454cea78bf637fc239b689b35b225d07d617dea4c1bb7f9df7"
}