#Wallet Containing 430 BTC Discovered#
Hot Topic Overview
Overview
Conor Grogan, Director of Product Strategy and Business Operations at Coinbase, recently discovered 430 Bitcoins linked to Ross Ulbricht, the founder of Silk Road, distributed across multiple wallets. These Bitcoins have never been seized by the US government and have remained untouched for over 13 years. These wallets might have been "dust wallets" back then, but today, they are worth approximately $47 million. Grogan reminded Ulbricht to check for the BCH airdrop rewards and stated he was unsure if Ulbricht still possessed the private keys to these wallets.
Ace Hot Topic Analysis
Analysis
Coinbase Director of Product Strategy and Business Operations, Conor Grogan, recently tweeted that he had discovered approximately 430 Bitcoin distributed across multiple wallets associated with Ross Ulbricht, the founder of Silk Road. These Bitcoins were not seized by the U.S. government and have remained untouched for over 13 years. These wallets were likely "dust wallets" at the time, but now hold a total value of approximately $47 million. Grogan jokingly said he was unsure if Ross still had the private keys to these wallets, and reminded him not to forget to check for (BCH) airdrop rewards. This discovery has sparked widespread attention, leading to speculation about whether Ross Ulbricht can still find the private keys to these wallets and recover these assets.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Silk Road founder Ross Ulbricht may have lost 430 bitcoins worth $47 million,
These bitcoins were likely just "dust wallets" 13 years ago,
but now they are worth a fortune,
Ross Ulbricht may not be able to find the private keys to these wallets,
and he won't be able to recover the bitcoins,
Coinbase executive Conor Grogan discovered these bitcoins,
and reminded Ross Ulbricht to check for BCH airdrop rewards