Less than a year after US President Donald Trump granted a full pardon to its jailed founder, Ross Albrecht, cryptocurrency wallets linked to darknet marketplace Silk are on the move again.
Silk Road-tagged cryptocurrency wallets woke up on Tuesday, according to blockchain data platform Arkham.
The 176 transfers mark the wallet’s most significant activity in five years. The Silk Road wallet only executed three small test transactions earlier this year.
The transfers were all made to an undisclosed cryptocurrency wallet, BC1QN. Primary Silk Road-tagged wallets still hold about $38.4 million in bitcoins, while newly created addresses have only $3.14 million received in recent transactions.
Cointelegraph was unable to independently confirm the owner of the new wallet and has reached out to Albrecht for comment.
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In January, Trump granted a full pardon to Silk Road founder Ross Albrecht, who was serving two life sentences without parole.
Albrecht was convicted in 2015 for his role in creating and running Silk Road, a darknet market that facilitated the anonymous trade of illicit goods using bitcoin.
Since the apology, supporters have contributed nearly $270,000 in bitcoin donations to the Free Ross campaign, according to Auchain data.
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Silk Road founders still hold millions in unregulated crypto wallets
While the U.S. government seized at least $3.36 billion in bitcoin from Silk Road, some industry watchers claim that Ross had multiple bitcoin wallets that were not discovered during the asset seizure.
Conor Grogan, director of Coinbase Exchange, revealed that 430 BTC, worth about $47 million, is untouched in a wallet linked to Albrecht, and has been inactive for more than 13 years.
Another Silk Road-tagged wallet possibly belonging to Albrecht has $8.3 million in bitcoins. According to Arkham, the wallet has been inactive for 14 years, except for three small test transactions in the last 10 months.
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