Key Takeaways
- Ross Ulbricht’s public sale raised practically $1.3 million in Bitcoin from private objects and art work.
- His jail ID card offered for five.5 BTC after a 11 BTC bid went unpaid.
- The public sale was performed by Scarce Metropolis and accepts solely Bitcoin funds.
Ross Ulbricht, founding father of the Silk Highway market, raised practically $1.3 million in Bitcoin by way of an public sale of private belongings and prison-era art work following his pardon by former President Trump earlier this 12 months.
Public sale particulars
The public sale, hosted by Bitcoin items market Scarce Metropolis, included objects from earlier than and through Ulbricht’s incarceration.
Notable items included his last jail ID card, which exhibits him smiling, regardless of the setting.
Ulbricht wrote on the merchandise’s itemizing web page:
The guard tried to get me to cease smiling… however my pleasure comes from inside.
Notable gross sales
The ID card initially drew a prime bid of 11 BTC—price over $1.1 million—however the bidder failed to finish the fee.
The second-highest bidder, “flowtostock,” gained the merchandise for five.5 BTC, or about $575,000.
In addition they bought two extra ID playing cards.
Further objects
Different public sale objects included Ulbricht’s pre-arrest sleeping bag, backpack, and drum, in addition to jail objects like a lock, pocket book, and clothes.
A number of of his work had been additionally offered, together with one titled Archway, created in collaboration with a fellow inmate generally known as “Omega.”
The portray fetched 1.01 BTC.
Ulbricht’s assertion
Ulbricht wrote on the public sale web page:
I’ve determined to public sale some private objects from earlier than my arrest and through my time in jail. I don’t want the reminders and I’m positive a few of you’ll like to have them.
Conclusion of bidding
Bidding concludes on June 2, with all funds made completely in Bitcoin.