Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Ross Ulbricht Receives 300 BTC in Donations Today

Ross Ulbricht Receives 300 BTC in Donations Today

CoinomediaCoinomedia2025/06/01 09:16
By:Isolde VerneIsolde Verne

Ross Ulbricht, founder of Silk Road, got 300 BTC in his donation wallet today, sparking new attention.Massive BTC Donation Sent to Ross UlbrichtCommunity Support Remains StrongA Renewed Spotlight on His Case

  • Ross Ulbricht’s donation wallet received 300 BTC
  • The donation is worth over $20 million at current prices
  • Raises renewed interest in Ulbricht’s case and support

Massive BTC Donation Sent to Ross Ulbricht

In a major show of support, Ross Ulbricht, the imprisoned founder of the Silk Road marketplace, received a 300 BTC donation today to his official wallet. At current prices, the donation is worth over $20 million, and it has reignited public and crypto community interest in Ulbricht’s case.

Ross Ulbricht is serving a double life sentence without parole for his role in creating Silk Road, a darknet platform that operated from 2011 to 2013. Despite being behind bars, Ulbricht has maintained a vocal following of supporters advocating for a reduction or overturning of his sentence.

Community Support Remains Strong

The recent 300 BTC transfer has sparked widespread speculation. While the donor remains anonymous, the size of the gift signals continued and growing support for Ulbricht within parts of the crypto world. Many view him as a symbol of early crypto freedom and believe his punishment was excessively harsh.

Ulbricht’s donation wallet is often used to fund legal efforts, advocacy campaigns, and awareness around sentencing reform. This influx of funds could boost efforts calling for clemency or a retrial.

🔥 TODAY: Ross Ulbricht, founder of the SilkRoad marketplace, received 300 $BTC in his donation wallet. pic.twitter.com/51tnFbWmCa

— Cointelegraph (@Cointelegraph) June 1, 2025

A Renewed Spotlight on His Case

This large-scale donation arrives at a time when discussions around digital rights, decentralization, and government overreach are once again in the spotlight. With Bitcoin gaining more mainstream recognition, Ulbricht’s story is being revisited by both crypto supporters and civil liberties advocates.

Whether this changes his legal fate remains to be seen, but today’s donation is a reminder that his case still resonates deeply with a significant part of the community.

Read Also:

  • Qubetics Among Top Cryptos to Invest in This Week as Monero and GateToken Prove Long-Term Utility
  • Saylor Wants a Joe Rogan Spot to Talk Bitcoin
  • Bitcoin Exchange Reserves Drop to Record Low
  • $20K Could Return $580K? Best Meme Coin Presale to Buy Now Is Troller Cat with 10% Referral Amid Memecoin and Housecoin
  • SEC Questions ETH and SOL Staking ETF Status
Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!