An anonymous crypto user has just moved 69,370 bitcoins from addresses associated with the Silk Road Darknet Market, which has recently become a popular hacking target.
The latest movement added 69,370 bitcoins (BTC) – or more than 60 60,960 million at the time of its release – from an address linked to the Silk Road Marketplace, according to a November 3 report by crypto intelligence firm Ciphertrace. Which closed in 2013. The crypto user first sent 1 BTC – probably as a test transaction – before moving most of the coins.
Sifertrace speculated that the anonymous user had dealt with “staying up-to-date with the Bitcoin network” by switching to address formats. Since the last time anyone involved in the Defensive Darknet market moved funds in April 2015, BTC and Let will have reported cases of all Bitcoin Cash (BCH) and Bitcoin SV (BSV) associated with the tightening of tokens.
However, the pay firm did not rule out hacking as a possibility:
“This move could possibly mean that the owner is moving funds to new addresses to prevent the .date file from being accessed or that hackers have already cracked the file.”
Silk Road funds were contained in a wallet that has been circulating among hackers for more than two years. In September, a Twitter user claiming to be a let.date file for Twitter called the crypto community for solutions on how to get access to more than, 000, 000,000 coins, also suggesting a possible way to define a quantum computer with private keys.
The Silk Road was a darknet market that allowed users to buy and sell illegal goods such as weapons and stolen credit card information, but most of the list was of illegal drugs. The site’s founder, Ross Ulbricht, is currently serving two life sentences without the possibility of parole after being found guilty of money laundering, computer hacking and traffic drug conspiracy. It still provides periodic analysis on the bitcoin market from prison.
