According to sources, Silk Road founder Ross Ulbricht has recently sparked notable discussion after receiving a massive $31.4 million Bitcoin donation, highlighting strong support from his backers.
Ross Ulbricht, globally known as the Silk Road founder, has been a controversial figure for many years, and this big boost of money has brought excitement and questions from the people in the crypto world.
Massive BTC Donation Signals Ongoing Support
Ross Ulbricht got 300 BTC, as per Blockchain data, that too from an unknown wallet. Analysts from Arkham Intelligence said that this donation is much bigger. The report says that it is bigger than the earlier $270,000 in Bitcoin, which was raised soon after Ulbricht was released.
Soon after addressing the crypto community at the Bitcoin 2025 conference, marking his first public appearance post-release, Ulbricht received a major Bitcoin contribution to his public donation wallet.
One crypto analyst said it is a strong message. Even after all these years and court fights, many people in the crypto space still view Ross Ulbricht as a sign of freedom and Decentralization.
Auction Success Adds $1.8 Million to Ulbricht’s Treasury
Along with the big donation, Silk Road founder Ross Ulbricht has been selling his personal items in an auction. Moreover, he brought in a strong $1.8 million in Bitcoin.
The auction, held on the Bitcoin-only site Scarce City, included very personal things. This included his prison ID card, backpack, and painting he made while he was in prison.
One prison ID card alone sold for 5.5 BTC, more than $580,000. This happened after the first winning big of 11 BTC wasn’t paid. The sale of this and other personal items helped Ulbricht raise over million in Bitcoin through the auction.
Dormant Bitcoin Holdings Still in Play
Experts think that Silk Road founder Ross Ulbricht might still have access to millions in old BTC that the U.S. government never took during the 2013 crackdown. Conor Grogan, a director at Coinbase, founded 430 BTC, sitting untouched for over ten years in wallets that are tied to Ulbricht.
This was confirmed by Arkham Intelligence. They tracked 14 Bitcoin wallets, out of which one held over 9 million. Crypto tracker ZachXBT also pointed out that the wallets that were sending Ulbricht the 300 BTC were active back in 2014 and 2019, when Ulbricht was still in prison.
Free Ross Movement Persists
The rise in funds and the successful auction have brought new energy to the “Free Ross” movement, which has long worked to free Silk Road founder Ross Ulbricht and help him return to normal life.
One supporter said that this is more than just about money. This is about giving another chance to Ross Ulbricht. Many in the crypto world agree with this. Many traders and Bitcoin fans are praising Ulbricht’s strength.
They appreciated ongoing support that he is receiving. The Free Ross campaign has played an important role in raising awareness as well as money to help Ulbricht adjust after spending 12 years in prison.
Conclusion
Ross Ulbricht recently got a $31.4 million Bitcoin donation and had a successful auction; this shows that even after many years in prison, he still has strong backing from the crypto community. As he is moving forward, with millions in BTC and support from the free Ross campaign, only time will tell how Ulbricht uses this second chance.
FAQs
1. Who is Ross Ulbricht?
The founder of the Silk Road
2. Why is Ross Ulbricht in the news?
Recently, he was the recipient of Bitcoin amounting to $31.4 million.
3. How much Bitcoin did the Silk Road founder get?
300 BTC, a total of $31.4 million.
4. Where did the donated Bitcoin come from?
From an unknown wallet, likely from supporters.
5. When did this Bitcoin transfer happen?
After Ulbricht made his first public appearance following his release.
Glossary
Crypto Donation– A gift of cryptocurrency sent to someone, usually to show support or raise funds.
Wallet Address – A unique alphanumeric code for transferring or accepting cryptocurrency.
Auction– A sale where people bid money to buy something. In this case, Ulbricht’s digital art.
Digital Freedom– The belief in open access, privacy, and minimal censorship on the internet.
Ross Ulbricht– Creator of Silk Road, a dark web marketplace, and a central figure in debates on internet freedom.
Sources
Crypto Slate
Coin Telegraph
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