Ross Ulbricht Receives 300 BTC Donation Post-Auction
The post Ross Ulbricht Receives 300 BTC Donation Post-Auction appeared on BitcoinEthereumNews.com.
Ulbricht got 300 BTC, valued at $31.4M, on June 1, 2025. Funds arrived after a $1.8M sale of Ulbricht’s belongings. Funds came from wallets using Jambler, raising source questions. On June 1, 2025, Ross Ulbricht, the man behind the Silk Road, received an inducement of three hundred BTC, which is currently worth $31.4 million. A short time after his personal items were auctioned and sold for $1.8 million in Bitcoin, a donation was sent to the wallet designated by Ulbricht. Recent attention has been directed toward this sizeable contribution which came shortly after Ulbricht’s release from prison. Details of the donation were written on the blockchain and checked by several sources. Both of the wallets involved in this transaction were using the Jambler service which makes it hard to trace where the money came from. Using a centralized mixer has brought up doubts about who the donor is and what they hope to achieve. While decentralized mixers are popular with privacy-focused users, Jambler rarely supports significant transactions. Auction Success and Community Support On May 31, 2025, the sale of Ulbricht’s possessions such as Silk Road mementos, made $1.8 million in Bitcoin. Many collectors and crypto enthusiasts took part in the event, showing how Ulbricht is still remembered in the community. The auction happened after his first public appearance since leaving prison which took place at the Bitcoin 2025 conference and focused on unity and decentralization. Hours after the auction, the 300 BTC was donated, demonstrating community backing. After his release on January 21, 2025, thanks to President Trump’s pardon, Ulbricht has been given several contributions. As an example, Kraken gave a $111,111 donation in Bitcoin to support his recovery. This most recent donation is much bigger than any other, leading to a lot of attention and questions. Questions Surrounding the Donation’s…
