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Silk Road-linked Bitcoin wallets move $3M to new address

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 20 Views

Silk Road-linked wallets still hold about $38.4 million worth of BTC, with millions potentially sitting in other unseized wallets.

Darknet marketplace Silk Road-linked cryptocurrency wallets are moving again, less than a year after US President Donald Trump granted its jailed founder, Ross Ulbricht, a full pardon.

Silk Road-tagged cryptocurrency wallets awoke Tuesday to transfer about $3.14 million worth of Bitcoin (BTC), according to blockchain data platform Arkham.

The 176 transfers mark the wallet’s most significant activity in five years. Silk Road-related wallets executed only three small test transactions earlier this year.

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