Bitcoin Donation to Silk Road Founder Linked to Alphabay Wallet

According to Cointelegraph, a crypto wallet associated with the now-defunct dark web marketplace Alphabay has been identified as the source of a $31 million Bitcoin donation to Ross Ulbricht, the creator of Silk Road. Blockchain analytics firm Chainalysis revealed that the 300 Bitcoin (BTC) donated to Ulbricht earlier this month were traced back to Alphabay, which operated from 2014 to 2017 as a predecessor to Silk Road. Chainalysis suggested that the funds likely originated from a major vendor on the platform who had access to such substantial amounts. Phil Larratt, Chainalysis director of investigations, stated, "We have reasonable grounds to suspect that these funds originated in AlphaBay source: https://www.binance.com/en/square/post/25236908005489?utm_source=BinanceNewsRSS