Ross Ulbricht has got a massive gift from the crypto world. He was pardoned earlier this year and within a few hours 300 Bitcoins – Worth was sent about $ 31.4 million – to his donation wallet.
He has already seen support from big players such as the Kraken, who gave $ 111 111 in BitcoinAnd grassroots efforts that shaved for about $ 270,000. Now he has enough to start over, and many in the crypto community look closely.
Community support flows
According to the blockchain analysis platform Lookonchain, 300 BTC landed in Ulbricht’s wallet just hours after it was sent. This is not the first time generous supporters have reached out.
Ross Ulbricht (@Realrossu), the founder of #Silkroad Marketplace, received 300 $ BTC($ 31.4 million) to its donation wallet 8 hours ago.https://t.co/3desm9rpbq pic.twitter.com/jounqm99p
– Lookonchain (@lookonchain) June 1, 2025
Earlier in 2025, the Kraken connected over $ 111 1111 to help him adapt to life outside the prison. A group called Free Ross has required more than $ 270,000 in donations.
Another address tied to Ulbricht collected $ 4,615 in Ethereum, USDC, Tether (USDT) and Binance Coin (BNB). All this suggests that many people still care deeply about his fate.
President’s pardon and counter -reaction
On January 21, 2025, US President Donald Trump signed a full and unconditional pardon for Ulbricht. He had spent 11 years serving a double life sentence without trial after being sentenced in New York 2015 for drugs and money -laundering conspiracy.
Based on reports, Ulbricht may have access to inactive Bitcoin wallets connected to Silk roadAnd these wallets can contain about $ 47 million. The potential stash has only been pushing more debate: Some ask if he really needs donations outside if he can use $ 47 million in dormant coins.
Auction of personal items
Ulbricht has also turned to sell pieces of his past. Based on reports from SCRIce City-The Bitcoin-Driven Collectors’ items-he collected approximately $ 1.8 million by auctioning personal items and art.
His Prison ID card drew the highest bid: 11 BTC, now worth more than $ 1.1 million. An oil painting made with the help of the colleague “Omega” was sold for 1.01 BTC. Thirteen artifacts in all were on their way, including prison sneakers, a sweater, a t-shirt, a prison book and a cabinet lock.
Before he was arrested, he had owned things like a Djembe drum, a backpack and Vibram fivefing’s shoes. Tenderers must complete the payment by June 2, and Ulbricht has said that he is ready to move on from these physical reminders.
Image from Unsplash, charts from TradingView
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