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Silk Road Wallets Allegedly Connected to Ross Ulbricht Move Millions in Bitcoin
A cluster of wallets labeled with connections to shuttered dark web marketplace Silk Road—and allegedly tied to pardoned platform creator Ross Ulbricht—were active for the first time in at least five years on Tuesday, sending millions of dollars' worth of Bitcoin to a fresh wallet address. Labeled by blockchain intelligence firm Arkham Intelligence, the wallets once held as much as 442,000 BTC in 2012. Now they are down to around 416 Bitcoin valued at $38.25 million, based on today’s Bitcoin prices. On Tuesday, the labeled wallets—at least one of which was connected to Ulbricht by Coinbase director and ... (full story)
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