Ross Ulbricht 300 Bitcoin payday unlikely ‘self donation’

Ross Ulbricht’s recent receipt of 300 Bitcoin is from “questionable sources,” but it’s unlikely to be a case where he donated it to himself, says blockchain researcher ZachXBT.

Ulbricht, who founded the infamous online black market Silk Road, received 300 Bitcoin (BTC), worth $31.4 million, to his wallet that was soliciting donations, Blockchain analytics firm Lookonchain said in a June 1 post to X.

The funds came from wallets using a centralized mixing service called Jambler, which led some social media users to speculate, without evidence,…