A recent report revealed that a crypto wallet linked to the now-defunct dark web marketplace Alphabay was responsible for donating $31 million worth of Bitcoin to Silk Road founder Ross Ulbricht. Chainalysis, a blockchain analytics firm, connected the 300 Bitcoin donation to Alphabay, which operated from 2014 to 2017. The funds were suspected to originate from a major vendor on the platform. The donor used various mixing services to conceal the transaction trail and cashed out other cryptocurrencies in small amounts to avoid detection, indicating potential criminal origins. Despite the donation being deemed 'legitimate,' the source of the funds remains unknown. Chainalysis played a crucial role in identifying AlphaBay-linked Bitcoin addresses during the investigation that led to the darknet marketplace's takedown. The mystery surrounding the donor's identity and motives persists, even as Bitcoin's value has surged over the years. Read more AI-generated news on: https://app.chaingpt.org/news

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