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Ross Ulbricht’s big Bitcoin donor tied to Silk Road successor Alphabay: Report

cryptoweekly by cryptoweekly
June 6, 2025
in bitcoin, News
0

Chainalysis told WIRED that it tracked a $31 million Bitcoin donation to online black market Silk Road founder Ross Ulbricht to a successor marketplace called Alphabay.

A crypto wallet tied to the defunct dark web marketplace Alphabay was reportedly behind the donation of $31 million worth of Bitcoin to Silk Road creator Ross Ulbricht, according to blockchain analysis.

Blockchain analytics firm Chainalysis told WIRED for a June 5 report that it had tied the 300 Bitcoin (BTC) donated to Ulbrich earlier this month to Alphabay, a predecessor to Silk Road that operated from 2014 to 2017.

Chainalysis suggested that the funds came from a major vendor on the platform who would have had access to such substantial amounts.

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Recent Posts
  • Trump-Musk spat sees Bitcoin tumble, liquidating $308M in longs
  • Uber in ‘study phase’ of using stablecoins to lower costs, says CEO
  • Ross Ulbricht’s big Bitcoin donor tied to Silk Road successor Alphabay: Report
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  • China to ban owning Bitcoin? Gate.io to pay $30M over liquidations: Asia Express
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