Silk Road Founder Freed from Prison. Does He Still Own Bitcoin?

Ross Ulbricht, the odious founding father of the Silk Highway darkish web site, has been free of jail.

A photograph of Ulbitch leaving jail has already began circulating on social media.

He has spent practically a decade behind bars after being sentenced to double life imprisonment plus 40 years in Might 2015. He was charged with narcotics and cash laundering conspiracies by the U.S. authorities.

Ubricht’s notorious web site made it doable to purchase and promote medication in addition to different illicit items resembling pretend IDs.

He was additionally charged with paying a whole lot of hundreds of {dollars} to have a number of folks murdered, however these murder-for-hire expenses had been then dismissed on account of being

A extremely controversial pardon

Ulbricht, an early Bitcoin adopter usually credited with popularizing Bitcoin, is widely known inside the Bitcoin group, which closely leans libertarian.

Nonetheless, the choice to free Ubricht has been met with a wave of criticism exterior of the crypto house.

“Ulbricht is a high-tech drug supplier who received wealthy off the lifeless our bodies of those that overdosed by the gross sales he made doable on the darkish net,” Juliette Kayyem of Harvard’s Kennedy College of Authorities stated.

Does Ulbricht have a secret Bitcoin stash?

Now that Ulbricht has been free of jail, the group is busy speculating whether or not or not he nonetheless has secret Bitcoin wallets.

The U.S. authorities has seized a complete of 173,991 Bitcoins straight and not directly from Ulbricht. As of right now, this sum could be price greater than $18 billion.

It’s unclear whether or not Ulbricht nonetheless has a declare on any of the remaining Bitcoins associated to Silk Highway.

As reported by U.As we speak, the U.S. authorities was just lately allowed to liquidate a complete of 67,000 Bitcoins seized from an unidentified Silk Highway hacker.