Ross Ulbricht, the founder of Silk Road, has auctioned personal belongings through a Bitcoin-only auction, raising over $1.8 million. The items included prison memorabilia, artwork, and personal effects, with his final prison ID card fetching 5.5 BTC. The auction was held on Scarce City, where bidders had to deposit 1% of their bid as collateral.
This news comes as Ulbricht may also have access to millions of dollars in dormant Bitcoin, with approximately 430 BTC (valued at around $47 million) remaining in wallets tied to him.
Source: https://scarce.city/collections/b25-ross-ulbricht-collection
