Wall Street Market on the Dark Web: 14.2 million left

Wall Street Market administrators a drug-market at Dark Web are reportedly scamming it by taking 14,2 with them with millions of dollars out of the money of site users.

The stolen money belonged to of drugs, weapons and malware, so not many cheated "victims" will cry.Wall Street Market

By of the Wall Street Market, the T • chka Market drug market is now reported to be the only major analogue market on the Dark Web.

The Wall Street Market (WSM) scam started last week when the site's administrators began moving funds from the main market wallets to another location.

The managers used these wallets as an escrow system, where buyers deposited funds, which sellers could get later after a period of time if there were no complaints from buyers.

But last week, WSM administrators cited problems with the server hosting these wallets. As they said they could not be synchronized with the main blockchain of Bitcoin, making any transaction or withdrawal impossible.

So admins moved the existing funds to a new wallet that had no connection to the main WSM back-end so sellers couldn't receive from previous sales. WSM admins said it was a temporary measure to fix the buggy server.

Of course, many were the ones who hit it, while the managers are still running. The logic of these managers can be considered a very smart tactic for this kind of web site where we have seen from time to time that they are trapped by the authorities.

So the "withdrawal" of all money before an attack by the authorities should be expected…

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Written by giorgos

George still wonders what he's doing here ...

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