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Ross Ulbricht Got a $31 Million Donation From a Dark Web Dealer, Crypto Tracers Suspect
Crypto-tracing firm Chainalysis says the mysterious 300-bitcoin donation to the pardoned Silk Road creator appears to have come from someone associated with a different defunct black market: AlphaBay.
Rumors swirled that the creator of the Silk Road, less than five months after receiving a pardon from Donald Trump that saved him from a lifetime in prison, was sending himself a trove of his stashed criminal proceeds from his days running the dark web's first black market more than a decade prior. The crypto tracing firm Chainalysis tells WIRED that, based on blockchain analysis, it has tied the origin of the 300 bitcoins sent to Ulbricht on Sunday to someone involved in AlphaBay, a dark web market that sold a wide variety of drugs and cybercriminal contraband from 2014 to 2017 and eventually grew to be 10 times the size of the Silk Road, according to the FBI. ZachXBT found that, despite the donor's use of multiple Bitcoin “mixers” that take in users' coins and return others to obfuscate their trail on the blockchain, he was able to trace the funds to an address that had been flagged in Chainalysis's software tool Reactor as tied to illicit activity.
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