⚡️🚨 BREAKING: Coinbase's director of product…

⚡️🚨 BREAKING: Coinbase's director of product strategy and business operations, Conor Grogan, said he had identified around 430 #Bitcoin in wallets associated with Silk Road founder Ross Ulbricht.

This represents approximately $47 million.

The funds haven't moved in 13 years.

According to him, the funds are not part of the 174,000 BTC seized from wallets linked to Silk Road by US authorities following the platform's closure in 2013.

"At the time, they were probably dust portfolios; now, collectively, they're worth around $47 million."