Silk Road Founder Ross Ulbricht’s Prison Auction Raises 1.8 Million in Bitcoin

On June 1st, COINOTAG reported on a noteworthy auction involving the prison assets of Ross Ulbricht, the controversial figure behind the infamous dark web marketplace, Silk Road. The auction successfully garnered approximately 1.8 million US dollars in Bitcoin, highlighting the enduring fascination with Ulbricht’s narrative. Among the items auctioned were several pieces of artwork crafted by Ulbricht during his imprisonment, alongside personal mementos and his prison identification card. Notably, the prison ID fetched the highest bid of 11 BTC, equating to around 1.1 million US dollars, underscoring its significance to collectors and crypto enthusiasts alike. Ulbricht remarked that the auction represents an opportunity to initiate a new chapter in his life, drawing considerable attention within both the cryptocurrency and criminal justice arenas.