Silk Road | ForkLog

ForkLog 17 01.06.2025

Ross Ulbricht’s Donation Wallet Receives 300 BTC

Ross Ulbricht, the founder of the darknet marketplace Silk Road, received 300 BTC (~$31.4 million) in a single transaction to his donation wallet. Ross Ulbricht(@RealRossU), the founder of the #SilkRoad marketplace, received 300 $BTC($31.4M) to his donation wallet 8 hours ago.https://t.co/3DEsM9rpBq pic.twitter.com/JoUMNqM99p — Lookonchain (@lookonchain) June 1, 2025 Commentators are divided over the origin of […]

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ForkLog 10 23.01.2025

Coinbase executive identifies 430 BTC linked to Ross Ulbricht

Coinbase’s director of product, Conor Grogan, said he had found 430 BTC across dozens of wallets purportedly linked to Silk Road founder Ross Ulbricht. I found ~430 BTC across dozens of wallets associated with Ross Ulbricht that were not confiscated by the USGovt and have been untouched for 13+ years Back then these were probably […]

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ForkLog 22 22.01.2025

Donald Trump Pardons Ross Ulbricht

President Donald Trump has signed an order granting a full and unconditional pardon to Ross Ulbricht, the creator of the darknet market Silk Road. The U.S. leader announced this on Truth Social. FREEDOM!!!! pic.twitter.com/itRuuyFAxe — Free_Ross (@Free_Ross) January 22, 2025 Trump spoke with Ulbricht’s mother, expressing gratitude to her and the Libertarian movement for their […]

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ForkLog 12 21.01.2025

Polymarket Odds of Ross Ulbricht’s Release Surge to 97%

The likelihood of Ross Ulbricht, founder of the darknet marketplace Silk Road, being pardoned by U.S. President Donald Trump within the first 100 days of his term has soared to 97% on Polymarket. Data: Polymarket. The volume of bets has risen to $8.9 million. The surge was catalyzed by a tweet from Elon Musk stating […]

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ForkLog 10 09.01.2025

US authorities cleared to sell $6.58bn of Silk Road bitcoin

On December 30, 2024, the US Department of Justice obtained federal court approval to liquidate 69,370 BTC ($6.58bn at current prices) confiscated from the Silk Road darknet marketplace, DB News reported. The US Govt has been given the greenlight to liquidate 69,000 BTC ($6.5B) from Silk Road, an official confirmed to DB News today Interesting […]

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ForkLog 12 03.12.2024

US Government Transfers 10,000 Silk Road BTC to Coinbase

A US government-controlled wallet has transferred 10,000 BTC (~$963 million) linked to Silk Road to Coinbase Prime, as noted by Arkham Intelligence. 10K BTC ($963M) has been moved from 33Tg to Coinbase Prime. pic.twitter.com/D2kijONsmL — Arkham (@arkham) December 2, 2024 Previously, 19,800 BTC (~$1.92 billion) confiscated from the darknet marketplace were moved. This is part […]

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ForkLog 27 15.08.2024

US Government Transfers 10,000 Silk Road BTC to Coinbase

A wallet controlled by the US Department of Justice has transferred 10,000 BTC ($580 million), linked to the dark web marketplace Silk Road, to a Coinbase Prime wallet. The transaction was recorded by Arkham. BREAKING: 10K Silk Road BTC ($593.5M) moved to Coinbase Prime Wallet bc1ql received 10K BTC from a known US Government wallet […]

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ForkLog 6 30.07.2024

US Authorities Transfer 28,000 BTC Seized in Silk Road Case

An address belonging to the US Department of Justice has transferred 28,000 BTC (~$1.87 billion) related to the Silk Road case to an unknown wallet. The transactions were recorded by Arkham Intelligence. Subsequently, 19,800 BTC were sent to one address, and 10,000 BTC to another. “We estimate the latest deposit went to an institutional custodial […]

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ForkLog 15 03.04.2024

US Government Transfers 2000 BTC to Coinbase

A US government-controlled wallet containing 30,174 BTC initiated a transfer of approximately 2000 BTC to a Coinbase Prime address. Experts suggest the assets may be sold. The US Government sold 2,000 Bitcoin today.These Bitcoin had been seized from James Zhong (stolen from Silk Road). These Bitcoin went to Coinbase. The US Government still holds 209K […]

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ForkLog 12 26.01.2024

US Government to Gain $115 Million from Sale of Silk Road-Linked 2875 BTC

The US government announced plans to sell 2875 BTC, valued at approximately $115 million, which were confiscated from darknet marketplace Silk Road drug dealers Ryan Farace and Shaun Bridges. In 2018, Farace and his father were sentenced to 57 months in prison. At that time, the court ordered the forfeiture of $5.6 million in cash, […]

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ForkLog 12 04.01.2024

US Government’s Bitcoin Holdings Surpass $8 Billion

The US government holds approximately 200,000 BTC, valued at $8.4 billion, according to Blockworks.

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ForkLog 8 21.12.2023

U.S. court finalises confiscation of 69,370 BTC from Silk Road darknet market

The U.S. Court of Appeals has formally authorised the confiscation of 69,370 BTC (about $3 billion) belonging to the closed darknet marketplace Silk Road.

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