Kraken Showered Ross Ulbricht with Bitcoin! Uncover the 430 BTC Stash Mystery!

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In a surprising turn of events, cryptocurrency exchange Kraken has shown its support for Silk Road’s founder, Ross Ulbricht, by donating $111,111 in Bitcoin! But wait, there’s more! Coinbase’s executive, Conor Grogan, has unearthed a 430 BTC stash linked to Ulbricht, after over a decade of dormancy!

Kraken’s Generous Bitcoin Donation for Ross Ulbricht

Kraken took to Twitter to announce the donation, encouraging the Bitcoin community to join them in supporting Ulbricht. The exchange expressed its hopes for Ulbricht’s smooth reintegration into society, with the help of the ever-generous Bitcoin community.

“Dear Ross, We’ve donated $111,111 in BTC to YOU. Welcome back to the world, with the support of the Bitcoin community you love,” Kraken tweeted.

This heartfelt gesture from Kraken is a testament to the Bitcoin community’s commitment to its pioneers. The donation follows Ulbricht’s recent presidential pardon.

Conor Grogan’s Crypto Detective Work Uncovers 430 BTC Stash

Coinbase’s executive, Conor Grogan, revealed his discovery of approximately 430 BTC across dozens of wallets tied to Ulbricht. This long-lost fortune, untouched for over 13 years, is now worth a whopping $47 million!

“I found ~430 BTC across wallets associated with Ross Ulbricht, untouched for 13+ years. Welcome back, Ross,” Grogan announced.

The BTC, previously documented in court filings, has remained dormant since Ulbricht’s arrest. The revelation has sparked a lively debate on social media, with users questioning the ethics of reviving funds tied to Silk Road’s operations.

“Some things are better left unsaid,” one user cautiously remarked.

As the crypto world watches with bated breath, we can’t help but wonder: What other mysteries lie hidden in the blockchain?

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2025-01-23 11:59