{"id":92007,"date":"2025-12-10T10:19:20","date_gmt":"2025-12-10T07:19:20","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=92007"},"modified":"2025-12-10T11:16:50","modified_gmt":"2025-12-10T08:16:50","slug":"silk-road-wallets-transfer-3-million-in-bitcoin","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/silk-road-wallets-transfer-3-million-in-bitcoin\/","title":{"rendered":"Silk Road Wallets Transfer $3 Million in Bitcoin"},"content":{"rendered":"

On December 9th, 312 cryptocurrency wallets linked to the darknet marketplace Silk Road transferred $3.14 million in Bitcoin to an unknown address, according to data from Arkham Intelligence<\/a>.<\/p>\n

<\/p>\n

\"Screenshot
Source: Arkham Intelligence.\u00a0<\/figcaption><\/figure>\n

Accounts affiliated with the platform still hold 415 BTC, valued at $38.5 million. They were last active in 2020.\u00a0<\/p>\n

The reasons for the transfers remain unclear. Some users speculated<\/a> that Silk Road might be “paying off debts or something similar.” Others noted<\/a> that the transactions could be related to the consolidation of UTXO<\/span>.\u00a0<\/p>\n

In January, Coinbase’s Director of Product Conor Grogan discovered<\/a> 430 BTC in dozens of wallets, allegedly linked to Silk Road founder Ross Ulbricht. That same month, U.S. President Donald Trump signed<\/a> an order for his full and unconditional pardon.\u00a0<\/p>\n

U.S. authorities arrested Ulbricht in 2013. In 2015, District Judge Katherine Forrest found him guilty of drug trafficking, conspiracy to traffic drugs, hacking computer networks, money laundering, and leading a criminal enterprise.<\/p>\n

The platform’s creator received a double life sentence without the possibility of parole.<\/p>\n

Ulbricht’s case garnered significant public attention. Over 250 organizations, notable individuals, and opinion leaders advocated for his release, including venture capitalist Tim Draper and Tesla CEO Elon Musk<\/a>.\u00a0<\/p>\n

In December 2024, the U.S. Department of Justice received<\/a> federal court approval to liquidate 69,370 BTC confiscated from Silk Road.<\/p>\n","protected":false},"excerpt":{"rendered":"

On December 9th, 312 cryptocurrency wallets linked to Silk Road transferred $3.14 million in Bitcoin to an unknown address, according to Arkham Intelligence.<\/p>\n","protected":false},"author":1,"featured_media":92008,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Silk Road wallets moved $3 million in Bitcoin to an unknown address.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1536,18,236],"class_list":["post-92007","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-arkham","tag-bitcoin","tag-silk-road"],"aioseo_notices":[],"amp_enabled":true,"views":"207","promo_type":"1","layout_type":"1","short_excerpt":"Silk Road wallets moved $3 million in Bitcoin to an unknown address.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/92007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=92007"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/92007\/revisions"}],"predecessor-version":[{"id":92009,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/92007\/revisions\/92009"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/92008"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=92007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=92007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=92007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}