Ross Ulbricht, founder of the Silk Road darknet market, received a donation of 300 BTC (approximately $31.4 million) to his personal wallet on June 1, 2025, following his pardon by President Donald Trump in January 2025. This reflects strong support from the Bitcoin community after his long imprisonment since his arrest in 2013.

The donation is part of a growing engagement by the crypto community with Ulbricht, who is believed to still hold around 430 BTC (~$47 million) in untouched wallets from Silk Road, according to Coinbase director Conor Grogan. Access to these funds may be limited due to lost keys—a common issue affecting about 20% of Bitcoin’s total supply.

Silk Road, launched in 2011, was a pioneering platform for anonymous Bitcoin transactions on the Tor network, enabling illegal trades before its shutdown.

Source: https://intel.arkm.com/explorer/entity/ross-ulbricht