Silk Road Wallets Awaken, Transfer $3M Bitcoin New Address

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Darknet marketplace Silk Road-linked cryptocurrency wallets are moving again, less than a year after US President Donald Trump granted its founder, Ross Ulbricht, a full pardon.

Silk Road-tagged cryptocurrency wallets awoke Tuesday to transfer approximately $3.14 million worth of Bitcoin (BTC), according to blockchain data platform Arkham.

The 176 transfers mark the wallet’s most significant activity in five years. Silk Road-related wallets executed only three small test transactions earlier this year.

The transfers were all made to an unknown…



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Silk Road Wallets Awaken, Transfer $3M Bitcoin New Address


Darknet marketplace Silk Road-linked cryptocurrency wallets are moving again, less than a year after US President Donald Trump granted its founder, Ross Ulbricht, a full pardon.

Silk Road-tagged cryptocurrency wallets awoke Tuesday to transfer approximately $3.14 million worth of Bitcoin (BTC), according to blockchain data platform Arkham.

The 176 transfers mark the wallet’s most significant activity in five years. Silk Road-related wallets executed only three small test transactions earlier this year.

The transfers were all made to an unknown…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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