Silk Road co-founder Ross Ulbricht has received a massive Bitcoin donation worth $31.4 million shortly after securing $1.8 million in a recent auction. This unexpected gift has drawn the attention of many, and the question of who sent it and why it was sent remains in the mouths of many. The timing of the donation, […]
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BitMEX Founders Freed: Trump Issues Controversial Pardons After Conviction
On March 28 reports confirmed that President Donald Trump issued pardons to BitMEX co-founders Arthur Hayes, Benjamin Delo and Samuel Reed. The trio had previously admitted to criminal offenses related to money laundering and breaking Bank Secrecy Act (BSA) regulations. Hayes, Delo and Reed initially faced serious legal penalties which included fines and possible probation […]
Silk Road Founder Ross Ulbricht Teases New Marketplace After Ebay Snub
After failing to get accepted by Ebay Ross Ulbricht indicated his desire to start an e-commerce venture. The platform verification delays frustrated him and he suggested developing his own online marketplace. The announcement emerges after he obtained a presidential pardon leading to his prison release during January 2025. Ross Ulbricht attempted to market his personal […]
Ulbricht is Free: Trump’s Pardon Grants Freedom to Silk Road’s Founder
Ross Ulbricht, the controversial Silk Road founder, has been granted a full pardon by President Trump, overturning his life sentence. This decision reshapes the conversation around online privacy, digital currencies, and government overreach in the modern era. Trump’s Pardon Grants Freedom President Donald Trump granted a full pardon to Ross Ulbricht, the founder of the […]
DOJ Secures Major Victory to Liquidate $6.5B Bitcoin Seized from Silk Road
The U.S. Department of Justice (DOJ) has gained approval to liquidate $6.5 billion worth of Bitcoin seized from the infamous Silk Road. This historic decision resolves years of legal disputes and could shake up the cryptocurrency market. DOJ authorizes sale of Silk Road Bitcoin The U.S Department of Justice (DOJ) has been authorized to sell […]
Ross Ulbricht Anticipates Trump’s Pardon After Serving Over 10 years In Jail
Key Insights: Silk Road founder Ross Ulbricht expects a presidential pardon from U.S President Donald Trump. Trump pledged to pardon Ulbricht during his presidential campaigns. Ulbricht has served a life sentence since 2013. His potential release has sparked political and public debate. His case highlights various issues cyber law and digital rights. Anticipation Builds for […]
Bitcoin: DOJ Moves $2.1B Silk Road BTC To Coinbase
The U.S. Department of Justice [DOJ] transferred 30,174 bitcoins worth roughly $2.1 billion from the infamous Silk Road marketplace to a new wallet on Coinbase. On-chain data revealed that a test transaction of 0.001 Bitcoin was first sent to a Coinbase Prime address from a wallet associated with the DOJ. Subsequently, a larger transaction of […]
69k Bitcoins Seized In Silk Road Face U.S. Judgment
Three years after the seizure of Bitcoin associated with the Silk Road, a notorious darknet marketplace, a significant legal development has marked the conclusion of this infamous chapter. A U.S. court of appeals has issued a decisive ruling, ordering the forfeiture of 69,370 BTCs. These digital assets were reportedly hacked by an individual known as […]
Bitcoin Worth $300M Of Silk Road Infamy Spotted Moving Again: Details
Bitcoins confiscated by the US Department of Justice were spotted transferring more than 9K BTC valued at $300 million from two Silk Road-related addresses, on-chain data showed. On March 14, the U.S. government sold 9,800 BTC. It has since announced plans to sell another 41,500 BTC tied to Silk Road in four batches over the […]
Silk Road Bitcoins On The Move; Experts Address Dumping Rumors
Thousands of Bitcoin seized from Silk Road by U.S. authorities are now on the move. One BTC is currently worth just under $28k. Arkham Intelligence claimed that within three hours of one another, the wallet bc1qzd8 transferred 10.298 BTC to what they think to be an exchange deposit wallet that has only ever been used […]