Silk Road Founder Ross Ulbricht’s has auctioned his prison ID for 5.5 BTC – raising over 11BTC ($1.8 million) with all items

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Silk Road Founder Ross Ulbricht’s has auctioned his prison ID for 5.5 BTC – raising over 11BTC ($1.8 million) with all items

Silk Road Founder Ross Ulbricht’s has auctioned his prison ID for 5.5 BTC - raising over 11BTC ($1.8 million) with all items

Ross Ulbricht, the founder of Silk Road, has auctioned personal belongings through a Bitcoin-only auction, raising over $1.8 million. The items included prison memorabilia, artwork, and personal effects, with his final prison ID card fetching 5.5 BTC. The auction was held on Scarce City, where bidders had to deposit 1% of their bid as collateral.

This news comes as Ulbricht may also have access to millions of dollars in dormant Bitcoin, with approximately 430 BTC (valued at around $47 million) remaining in wallets tied to him.

Source: https://scarce.city/collections/b25-ross-ulbricht-collection

submitted by /u/CriticalCobraz
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