ChainCatcher news, according to Forbes, earlier this month, the U.S. Attorney's Office for the Western District of Texas ordered the seizure of just over 749 bitcoins, worth approximately $62.5 million. The order also involved hundreds of thousands of various currencies, as well as gold coins and bars.According to the U.S. Department of Justice, these assets are related to illegal activities carried out by two men, one of whom was a drug dealer on Silk Road, while the other assisted him in laundering cryptocurrency. They transferred bitcoins obtained through Silk Road transactions across multiple different accounts and exchanged bitcoins for cash via LocalBitcoins. Some of the funds ultimately flowed into the cryptocurrency exchange Gemini, which reported these deposits to law enforcement.This seizure indicates that, despite Silk Road founder Ross Ulbricht receiving a pardon the day after President Trump took office and now being a free man, those who sell drugs on dark web sites are still under investigation, and the U.S. government continues to pursue their illegal gains.

ChainCatcher news, Silk Road founder Ross Ulbricht posted on the X platform calling for support to free "Bitcoin Jesus" Roger Ver, stating that Roger Ver has always been there for him when he was feeling down and needed help, and now Roger needs our support.No one should spend their life in prison for paying taxes. Let him pay his taxes (if any) and that's it.

ChainCatcher news reports that, according to Arkham monitoring, Ross Ulbricht or someone with access to his wallet incurred significant losses when providing liquidity on Raydium due to incorrectly setting the initial price of the liquidity pool.Specifically, $1.5 million (5% of the total token supply) was immediately arbitraged by MEV bots and sold off in the existing pool. Subsequently, another loss of approximately $10.5 million (35% of the total token supply) occurred in a second operation.It is reported that Ross Ulbricht received 50% of the supply of ROSS (Ross Ulbricht Fund) tokens from developers last week. Despite losing 40% of the token supply, Ross still holds 10% of the tokens in another address and has correctly added liquidity in the Raydium concentrated liquidity pool.

ChainCatcher news, according to Tokenpost, Silk Road founder Ross Ulbricht is working on his first autobiographical documentary after receiving a presidential pardon from Donald Trump and being released on January 21.The documentary is led by filmmakers Jonah Tulis and Blake J. Harris, who have completed over 60 hours of interview content since 2019. The documentary is scheduled to be released in 2025 and will be produced and globally distributed by Submarine.

ChainCatcher news, GMGN data shows that the Solana address displayed on the fundraising website of Silk Road founder Ross Ulbricht currently holds 45.77% of the Meme coin ROSS (approximately 10.89 million USD).Market data shows that the current market capitalization of the Meme coin ROSS on the Solana chain is 25.5 million USD.

ChainCatcher news, the cryptocurrency exchange Kraken announced on platform X that it has donated $111,111 worth of Bitcoin to the released Silk Road founder Ross Ulbricht.

ChainCatcher news, according to crypto kol @pete_rizzo_, an anonymous user donated 1 Bitcoin to Ross Ulbricht's support fund.

ChainCatcher news, Coinbase executive Conor Grogan posted that he discovered about 430 BTC in dozens of wallets associated with Silk Road founder Ross Ulbricht. These wallets have not been seized by the U.S. government and have not been touched for over 13 years. At that time, these might have just been "dust wallets" (referring to wallets with negligible amounts), and now they are worth approximately $47 million in total. If Ross Ulbricht can find the private keys, he may be able to recover this portion of the assets.

ChainCatcher news, according to Bitcoin Magazine, the first photo of Silk Road founder Ross Ulbricht after his release has surfaced. The photo shows Ulbricht, dressed in a gray tracksuit, walking in a parking lot, holding a pot of green plants, and smiling.Earlier today, Trump announced that he has signed a pardon for Ross Ulbricht.

ChainCatcher news, Trump announces he has signed a pardon for Silk Road founder Ross Ulbricht.

ChainCatcher news, according to market news, Musk stated that the founder of the dark web Silk Road, Ross Ulbricht, will be released due to a presidential pardon.

ChainCatcher news, according to Cointelegraph, the founder of the dark web Silk Road, Ross Ulbricht, posted on X warning cryptocurrency users not to invest in any meme coins named after him.Ulbricht stated: "I am not involved with or associated with any meme coins named after me. There is no official Ross coin."CoinMarketCap data shows that at least one token, ROSS, is named after Ulbricht and features his likeness, launched in May 2024, with its price significantly rising after the U.S. election day before Trump took office.

According to ChainCatcher news, as reported by CoinDesk, concerns about the U.S. Department of Justice potentially liquidating 69,370 Silk Road bitcoins (approximately $6.5 billion) are exaggerated. Analysts point out three key reasons:Although 69,370 bitcoins is a large amount, the government must follow the principle of optimal pricing during liquidation, and it is expected to proceed in an orderly, phased manner. At the same time, the market has long anticipated this possibility, and the related impact has already been partially absorbed.From the perspective of market absorption capacity, since September 2024, the holdings of long-term holders (those holding for more than 155 days) have decreased by over 1 million bitcoins, with current total holdings around 13.1 million. Despite such a large-scale sell-off, the price of bitcoin has risen from $60,000 to over $100,000, indicating strong market demand.The German government completed the sale of approximately 50,000 bitcoins (about $3.5 billion) between June and July 2023, providing an important reference for a liquidation of similar scale. At that time, the market had already bottomed out while the German government still held 25,000 bitcoins, indicating that such a scale of sell-off is not sufficient to dominate market trends.

ChainCatcher news, according to Spot On Chain monitoring, just before the news of the U.S. government's approval to sell BTC was announced, a whale with a $234 million portfolio deposited 300 WBTC ($28.5 million) into Binance.This whale has been trading WBTC since March 2023, frequently buying low and selling high. Currently, the whale holds 195 WBTC ($18.4 million) on Aave.