Silk Road Operator to Launch NFT Auction on SuperRare
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Dec. 1, 2021
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Silk Road operator Ross Ulbricht, sentenced to a double life sentence plus forty years without the possibility of parole, has announced in his Medium blog he will launch an auction of non-fungible tokens (NFT) on the SuperRare marketplace. According to the website of the NFT campaign, the so-called Ross Ulbricht Genesis Collection NFT is set to drop on SuperRare on Dec. 2. and will last until Dec. 8.

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The collection consist of writings and ten artworks by Ross Ulbricht, from early childhood to teen to prisoner. The NFT pack — which will be compiled into one singular NFT using Kanon's KSPEC protocol — will also include an original animation by Levitate, with voiceover by Ross.

Ulbricht plans to use the proceeds to start a donor-advised fund called Art4Giving. The fund will focus on "relieving the suffering of the incarcerated and their families."

"There is a lot we can do, but one idea I am committed to is to help kids travel to visit their moms and dads in prison," Ulbricht said.

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In August, 2014, Ulbricht was charged with money laundering, conspiracy to commit computer hacking, and conspiracy to traffic narcotics. In March next year he was sentenced to double life imprisonment plus forty years, without the possibility of parole.

In November this year, Liverpool Crown Court ordered Thomas White, (also known as Cthulhu) a former administration of the Silk Road dark web marketplace, to repay a total of $674,000 out of his earnings at more than $1.3 million. White allegedly amassed his fortune by drug trafficking, money laundering, and making over 450 indecent images of children. In April 2019, White was jailed over the above-mentioned crimes.

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