Ross Ulbricht Got a $31 Million Donation From a Dark Web Dealer, Crypto Tracers Suspect

When Ross Ulbricht received a $31 million bitcoin donation last weekend from an unknown source, many observers saw it as more than a very nice welcome-home gift. 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. Now cryptocurrency tracing investigators say they've arrived at a stranger explanation: The money wasn't originally Ulbricht's, and didn't come from the Silk Road. Instead, they suspect it came from a different long-defunct dark web black market: AlphaBay. 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 t ... Read full article.