The personal belongings of Silk Road founder and pardoned criminal Ross Ulbricht have fetched more than $1.8 million in a Bitcoin auction.
The auction was hosted on the Bitcoin-only marketplace Scarce City and featured a range of items from Ulbricht’s life before his 2013 arrest and from his 12 years in prison.
Among the items auctioned were personal effects such as a sleeping bag, a backpack, a drum, and Vibram FiveFingers shoes, alongside prison memorabilia such as a lock, a notebook, clothing, and several paintings he created during his time behind bars.
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Ulbricht’s prison ID card alone sold for 5.5 BTC, worth around $577,500 at current prices
Additionally, an unidentified wallet sent Ulbricht 300 BTC worth $31.4 million, according to data from blockchain analysis firm Arkham Intelligence, prompting speculation that the transaction was made by Ulbricht himself with funds he was able to retain, although no firm evidence has been found.
Ulbricht, who was pardoned by U.S. President Donald Trump earlier this year, said the auction was part of an effort to shed some of his property and move forward
“I’ve left Arizona, the state where I was in prison,” he wrote on the auction page. “It’s time to travel. That means downsizing and turning the page. I don’t need the reminders and I’m sure some of you will love to have them.
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Silk Road Founder’s Belongings Net $1.8M at Auction - Unchained
The personal belongings of Silk Road founder and pardoned criminal Ross Ulbricht have fetched more than $1.8 million in a Bitcoin auction.
The auction was hosted on the Bitcoin-only marketplace Scarce City and featured a range of items from Ulbricht’s life before his 2013 arrest and from his 12 years in prison.
Among the items auctioned were personal effects such as a sleeping bag, a backpack, a drum, and Vibram FiveFingers shoes, alongside prison memorabilia such as a lock, a notebook, clothing, and several paintings he created during his time behind bars.
This story is an excerpt from the Unchained Daily newsletter
To get these updates in your email for free, subscribe here.
Ulbricht’s prison ID card alone sold for 5.5 BTC, worth around $577,500 at current prices
Additionally, an unidentified wallet sent Ulbricht 300 BTC worth $31.4 million, according to data from blockchain analysis firm Arkham Intelligence, prompting speculation that the transaction was made by Ulbricht himself with funds he was able to retain, although no firm evidence has been found.
Ulbricht, who was pardoned by U.S. President Donald Trump earlier this year, said the auction was part of an effort to shed some of his property and move forward
“I’ve left Arizona, the state where I was in prison,” he wrote on the auction page. “It’s time to travel. That means downsizing and turning the page. I don’t need the reminders and I’m sure some of you will love to have them.