Wednesday, July 5, 2017

Dark web drug marketplace goes offline, sparks fears of multi-million Bitcoin heist


It appears the largest dark web drug and counterfeit marketplace might be pulling off a Houdini. Numerous users on Reddit and Twitter are speculating that AlphaBay Market – often dubbed as the new Silk Road – has executed an elaborate exit scheme. Doubts first began circulating when the portal suddenly went offline earlier today. While experiencing down-time is nothing unusual for AlphaBay, some users have since come across a massive Bitcoin transaction worth over $3.7 million that many believe could have originated from AlphaBay. What complicates the matter is that such transactions are often anonymous, which makes it difficult to…

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