Recently pardoned Silk Road founder Ross Ulbricht might still have around 430 Bitcoin worth over $47 million across several wallets. According to blockchain researcher Conor Grogan, he has identified several wallets associated with Ulbricht holding the BTC.

The pardon of Silk Road founder Ross Ulbricht by US President Donald Trump marks a historic event for crypto, but its impact on the public image of Bitcoin is a mixed bag. On Jan. 21, Trump followed through on his campaign promise to release Ulbricht from prison after 12 years of incarceration.

Ross Ulbricht is free, but unproven allegations against the Silk Road founder overshadow his well deserved pardon in some corners of the internet.