The historic transaction sparked a fierce competition among cryptocurrency collectors. Ulbricht, who was pardoned by President Donald Trump this year, is the founder of a Bitcoin-only marketplace.
He has released a variety of his collection through his online social networking website, Scarce City. The collection includes the sleeping bag, backpack, and wallet he used before his arrest in 2013.
The items include personal belongings such as rum, as well as prison memorabilia such as paintings he created while incarcerated, keys, notebooks and clothing.
On the auction page, Ulbricht wrote: "I left Arizona where the prison was.
Now it's time to travel, so I want to pare down my belongings and make a fresh start. I don't need this item any more and I believe someone else will like it," she wrote.
One of the most sought-after items, Ulbricht's prison ID, sold for 11 BTC (about $1.1 million). Ulbricht said he "liked watching the guards laugh when taking pictures."
"I told him to stop, but I laughed because of the joy that welled up inside me," she said.
It sold for BTC and attracted a lot of interest. Ulbricht said of the painting, "I felt like if I passed it, something better was waiting."
Meanwhile, to participate in the auction, bidders must deposit 1% of their bid amount as collateral, and a countdown is set at the end of the final bid to ensure fair competition.
The timer was reset: the final payment had to be completed by June 2, with Bitcoin payments being given priority, but small amounts of PayPal payments were also allowed.
2025/06/02 12:33 KST
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