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January 31, 2025

Trading Mistake Costs Ross Ulbricht’s Wallets Over $12 Million

Ross Ulbricht’s cryptocurrency wallets recently faced a staggering loss of $12 million. This trading blunder occurred while managing ROSS, a fan-made memecoin. Arkham Intelligence, a noted blockchain analytics organization, initially reported this significant setback. The incident underscores the risks associated with trading in volatile markets.

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