Silk Road Founder Receives $31 Million Bitcoin Donation, Suspected Link to Alphabay Dark Web Market
According to a report by Cointelegraph, as reported by Jinse Finance, blockchain analysis company Chainalysis stated that the 300 bitcoins (worth approximately $31 million) received by Silk Road founder Ross Ulbricht earlier this month are suspected to have come from a wallet related to the dark web market Alphabay. Analysis shows that the donor used various mixing services to hide transaction traces, and the funds may have originated from early Alphabay vendors. Blockchain detective ZachXBT confirmed that these funds did not come from Silk Road, but their transaction patterns suggest possible involvement of illegal sources. Alphabay, which operated from 2014 to 2017, was a successor to Silk Road and was shut down during "Operation Bayonet." It is noteworthy that Ulbricht received a full pardon from President Trump in January this year, after serving 12 years for operating Silk Road.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis of the Upward Trend in Memecoin Prices Led by Pepe, Bonk, and Floki
Fed's Harker: Fed May Still Cut Rates Later This Year
JPMorgan: June FOMC Meeting is an "Insignificant Event"
