Coinbase executive: 430 BTC in Silk Road founder's wallet were not confiscated that year
2025-01-22 13:39
BlockBeats News: On January 22nd, Coinbase director Conor Grogan announced that he had found around 430 BTC in dozens of wallets related to Silk Road founder Ross Ulbricht. These wallets were not confiscated by the US government at the time and have not been moved for over 13 years. At the time, these addresses may have been just "dust wallets" (referring to wallets with too little money to be cared about), and now they are worth a total of about $47 million. If Ross Ulbricht can still find the private key, he may retrieve this part of the assets.