The Silk Road founder could be one of the world's richest people if he gets his bitcoin back from the U.S government.

Ulbricht could already be sitting on millions in Bitcoin, according to Conor Grogan, a director at the San Francisco-based cryptocurrency exchange Coinbase. Grogan noted that around 430 BTC—worth approximately $47 million—awaits untouched in wallets possibly linked to Ulbricht. These wallets have been dormant for over 13 years, he said.

Cryptocurrencies climbed on Tuesday as bullish investor sentiment returned on President Donald Trump's first full day back in office.

Key Takeaways U.S. President Donald Trump on Thursday signed an executive order to establish U.S. dominance in digital assets and financial technology.While partly delivering on a campaign promise to create a bitcoin stockpile,

During 2024’s presidential election, the crypto industry gave generously to Donald Trump, lobbying hard for him to win. Now that their guy is in the White House, they’re hoping he will deliver on his promise to make America the “world capital” of cryptocurrency.