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An anonymous user just moved 69,370 Bitcoins from an address associated with the darknet’s Silk Road market, which has recently become a popular hacking target.
According to a Nov.3 report from intelligence firm CipherTrace, the recent move which involved two transactions totaling 69,370 Bitcoin (BTC), or more than $ 960 million at press time, came from an address related to the Silk Road market, which was closed in 2013. The user sent 1 BTC, probably as a test transaction, before moving the coins.
Ciphertrace speculated that the anonymous user transacted “to keep up with the Bitcoin network” by switching from one address format to another.. Since the last time anyone moved associated funds to the defunct darknet market was in April 2015, the BTC wallet would also have access to all associated Bitcoin Cash (BCH) and Bitcoin SV (BSV).
But nevertheless, the company has not ruled out the possibility of a hack:
“These moves could mean that the wallet owner is moving funds to new addresses to prevent hackers from accessing the wallet.dat file, or that hackers have already hacked the file.”
The Silk Road funds were contained in a wallet that has been circulating among hackers for over two years.. In September, a Twitter user who claimed to have the wallet.dat file from the wallet and appealed to the cryptocurrency community for solutions on how to access the more than 69,000 coins, even suggesting a quantum computer as a possible medium. to determine the private keys.
Silk Road was a darknet marketplace that allowed users to buy and sell illicit goods such as weapons and stolen credit card information, but most of the listings were for illegal drugs.. Ross Ulbricht, the founder of the site, is currently serving two life sentences without the possibility of parole after being convicted of money laundering, hacking and drug trafficking conspiracy. It still provides regular analysis on the Bitcoin market from prison.
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