$31M Bitcoin Donation to Ross Ulbricht Traced to AlphaBay

$31M Bitcoin Donation to Ross Ulbricht Traced to AlphaBay
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Ross Ulbricht, the founder of Silk Road, received a mysterious $31 million Bitcoin donation traced back to AlphaBay, not Silk Road. Blockchain investigators suggest the funds likely originated from illicit activities on the defunct darknet marketplace.

  • The $31M Bitcoin donation to Ross Ulbricht was traced to AlphaBay, not Silk Road, by Chainalysis and ZachXBT.
  • The sender used mixing services and small transactions to avoid detection, suggesting illicit origins.
  • AlphaBay, ten times larger than Silk Road, was shut down in 2017 during Operation Bayonet.
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