Wall Street Market managers a narco-market on the Dark Web reportedly blew it, taking with them 14,2 millions dollars from the money of the site's users.
The stolen money belonged to drug traffickers, weapons and malicious programs, so many will not cry for the deceived "victims".
With the Wall Street Market fraud, the T-chka Market drug market is reported to be the only significant analogue market in Dark Web.
The Wall Street Market fraud (WSM) began last week when site administrators began to move funds from the main Bitcoin market wallets to another location.
Administrators used these wallets as an escrow system, where buyers deposited funds, which sellers could later receive after a period of time. space if there were no complaints from buyers.
But last week, WSM administrators cited problems with the server hosting these wallets. As they mentioned they could not be synchronized with the main Bitcoin blockchain, making any plus impossiblechange or withdrawal.
So the managers moved the existing funds into a new wallet that had no connection to WSM's main back-end so sellers could not receive payments from previous sales. WSM administrators reported it was a temporary measure to repair 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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