• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Ross Ulbricht's 300 BTC Donation: Uncertain Origin

Ross Ulbricht's 300 BTC Donation: Uncertain Origin

user avatar

by Giorgi Kostiuk

2 days ago


Ross Ulbricht's recent transaction involving 300 Bitcoin has raised eyebrows among blockchain experts and cryptocurrency users due to its questionable sources.

Background of the Bitcoin Receipt

Ulbricht received 300 Bitcoin worth approximately $31.4 million into his wallet that was soliciting donations. These funds originated from wallets using a centralized mixing service called Jambler.

Expert Opinions

Blockchain researcher ZachXBT expressed skepticism regarding the possibility that these Bitcoins could be hidden profits from Ulbricht's Silk Road operations. He noted that "few entities regularly use Jambler in size" and that "it likely does not appear to be a self donation as people were claiming."

The Story of Ross Ulbricht

Ulbricht ran Silk Road until 2013 when he was arrested and sentenced to life imprisonment. Events following his recent pardon and auction of personal belongings continue to attract attention to his figure.

Ross Ulbricht's receipt of 300 Bitcoin raises many questions about the origins of these funds and their connection to his past; however, expert opinions indicate a lack of evidence for a self-donation.

0

Share

Other news

Remarkable Growth of BlackRock IBIT: Top 25 U.S. ETFs

BlackRock IBIT quickly ranks among the top 25 ETFs in the U.S., reflecting heightened interest in cryptocurrencies.

user avatarGiorgi Kostiuk

5 minutes ago

Bitcoin Seizure in Russia: Combatting Illegal Mining Activities

Russia has confiscated Bitcoin worth $88,570 from an electricity executive for unauthorized use of electricity in mining operations.

user avatarGiorgi Kostiuk

5 minutes ago

MARA Holdings Continues Growth: 950 BTC Successfully Mined in May

MARA Holdings mined 950 BTC in May 2024 and increased its reserves. The company's operational efficiency remains stable.

user avatarGiorgi Kostiuk

6 minutes ago

Decline in XRP Ledger Activity: Causes and Consequences

Analysis of the decline in XRP Ledger activity and its potential impact on XRP price and the future of the platform.

user avatarGiorgi Kostiuk

7 minutes ago

K33 Invests SEK 10 Million in Bitcoin

K33 has acquired 10 BTC for SEK 10 million, highlighting the growing interest in cryptocurrencies among companies.

user avatarGiorgi Kostiuk

7 minutes ago

K33 Invests in Bitcoin: A Step Towards Institutional Adoption

Swedish firm K33 acquires 10 Bitcoin, highlighting growing corporate interest in digital assets.

user avatarGiorgi Kostiuk

40 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.