Silk Road-linked Bitcoin wallets move $3M to new address
Silk Road-tagged Bitcoin wallets recently moved about $3.14 million in BTC to a new, unknown address.Summary
Cryptocurrency wallets linked to the darknet marketplace Silk Road executed their most significant activity in five years, transferring approximately $3.14 million worth of Bitcoin (BTC) to a new, unknown address.
This movement occurred less than a year after Silk Road founder Ross Ulbricht received a full pardon from former US President Donald Trump. While the primary Silk Road-tagged wallets still hold about $38.4 million in Bitcoin, observers suggest that Ulbricht may still control millions more in unseized crypto wallets, with some estimates suggesting over $47 million remains untouched in wallets dormant for over a decade.
The US government previously seized at least $3.36 billion in Bitcoin from Silk Road following Ulbricht's conviction in 2015.
(Source：Cointelegraph)