#Wallet Containing 430 BTC Discovered#
Hot Topic Overview
Overview
Conor Grogan, Director of Product Strategy and Business Operations at Coinbase, recently discovered that approximately 430 bitcoins remain unseized by the US government in 430 bitcoin wallets associated with Silk Road founder Ross Ulbricht. These wallets, which have been inactive for over 13 years, may have been "dust wallets" at the time, but now hold a combined value of around $47 million. Grogan reminded Ulbricht to check for (BCH) airdrop rewards, stating that he's uncertain whether Ulbricht still possesses the private keys to these wallets.
Ace Hot Topic Analysis
Analysis
Coinbase Product Strategy and Business Operations Director Conor Grogan recently tweeted that he found around 430 Bitcoin in several wallets associated with Silk Road founder Ross Ulbricht, which were not seized by the US government and have been dormant for over 13 years. These wallets were likely just "dust wallets" at the time, but their total value is now around $47 million. Grogan is unsure if Ross still has the private keys to these wallets and reminded him to check for (BCH) airdrop rewards. This discovery has sparked speculation about whether Ross Ulbricht can still recover these assets, and has brought attention once again to the security of digital currency and the importance of private key management.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Silk Road founder Ross Ulbricht may have lost 430 bitcoins worth $47 million,
these bitcoins may have been just "dust wallets" 13 years ago,
now they are worth a lot of money,
it is unclear whether Ross Ulbricht can still find the private keys to these wallets,
Coinbase Director Conor Grogan discovered these lost bitcoins