Bitcoin worth $ 44 million found on Ross Ulbricht’s crypto wallets

The cryptocurrency media Benzinga reports that bitcoins BTC $105,063.61 Bitcoin 0.12% Market capitalization $2.08 trillion VOL. 24 hours $3.11 billion worth $ 44 million have recently been found on cryptocurrency wallets linked to Ross Ulbricht, the founder of the notorious Silk Road online platform. The news has aroused considerable interest in the cryptocurrency community, but serious doubts have been raised as to whether Ulbricht has access to these funds.

Experts note that the wallets contain about 1,000 bitcoins that have remained untouched since the closure of Silk Road in 2013. According to analysts, these funds could be part of the crypto assets seized by the US authorities during the investigation.

Some speculate that the found bitcoins could be used by the US government for further auctions, as it has already happened before with assets confiscated during the operation against Silk Road. However, the exact fate of these funds remains unclear.

Just two days ago, the newly elected US President Donald Trump decided to pardon Ross Ulbricht, the founder of the scandalous Silk Road online platform. Ulbricht, who was sentenced to two life sentences without parole, now has a chance for freedom.

In 2022, the US Department of Justice announced the seizure of more than 50,000 bitcoins and the arrest of James Zhong, who confessed to fraud related to manipulation of the Silk Road transaction system in 2012. On January 9 this year, the US government received permission to liquidate $ 6.5 billion in bitcoins confiscated in the Silk Road case. The decision was made after a multi-year investigation into an illegal online marketplace that used cryptocurrency for anonymous transactions.