Ross Ulbricht’s Wallets Lose $12 Million: Memecoin Trading Error Explained

The post Ross Ulbricht’s Wallets Lose $12 Million: Memecoin Trading Error Explained appeared first on Coinpedia Fintech News

Some cryptocurrency wallets connected to Ross Ulbricht, infamous for his role in the Silk Road black market, have just lost a jaw-dropping $12 million. The cause? A simple yet costly trading mistake involving ROSS, a fan-made memecoin. The report was initially revealed by Arkham Intelligence, a renowned blockchain analytics organisation. In the last seven days, …