According to news on January 22, Conor Grogan, director of Coinbase, stated that there are approximately 430 BTC in dozens of wallets related to Silk Road founder Ross Ulbricht. These Bitcoins were not confiscated by the US government that year. These wallets have not been transferred in more than 13 years and may have been considered "dust wallets" due to their small amounts at that time. Currently, the total value of these Bitcoins is approximately $47 million. If Ross Ulbricht can recover the private key, he may regain this part of the asset.