Wallets belonging to Ross Ulbricht, the imprisoned creator of the illegal drug marketplace Silk Road, were discovered on Wednesday, containing as many as 430 Bitcoin (CRYPTO: BTC) unmoved for over 13 years.
What Happened: In an X post, Conor Grogan, a director at Coinbase, said that he had found nearly 430 BTC across multiple wallets linked to Ulbricht. These wallets were not seized by the U.S. government and have remained untouched for over 13 years.
“Back then these were probably dust wallets, now, collectively, they are worth about $47 million,” Grogan disclosed in the post. At the current prices, the value of these assets amounted to $44.48 million.
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