300 Bitcoin Donation to Ross Ulbricht Sparks Debate in Crypto Community

Ross Ulbricht, the former founder of the now-closed online marketplace Silk Road, has received a significant cryptocurrency donation of 300 bitcoins, valued at $31.4 million. The transfer, which occurred on June 1, 2025, raises questions about its source and potential tax implications for Ulbricht. While the transaction was made using a centralized mixing service, adding to the complexity of tracing its origin, it has stirred up debate within the crypto community. The donation’s legitimacy and associated tax obligations remain unclear.