Millions of Bitcoins Stolen from Sheep Dark Market - BestCyberNews: Online News Presenter in the present world

BestCyberNews: Online News Presenter in the present world

Start knowing

test banner


Millions of Bitcoins Stolen from Sheep Dark Market

The dark marketplaces offering illegal and semi-legal services via the anonymized web browser Tor has shut down, according to reports with a user fleeing with millions of dollars worth of Bitcoin.

A senior user of Sheep Marketplace “stole” a large number of bitcoins, Sheep Marketplace are trying to figure out who got away with $5 million, $40 million, or even $100 million worth of bitcoins from the site and whether it might be the owners themselves. 

Reddit user CrazeeFruito posted a message from the front page of Sheep Marketplace, which appeared to have been shut down.

Sheep is down

We are sorry to say, but we were robbed on Saturday 11/21/2013 by vendor EBOOK101. This vendor found bug in system and stole 5400 BTC — your money, our provisions, all was stolen. We were trying to resolve this problem, but we were not successful. We are sorry for your problems and inconvenience, all of current BTC will be ditributed to users, who have filled correct BTC emergency adress [sic].

I would like to thank to all SheepMarketplace moderators by this, who were helping with this problem. I am very sorry for this situation. Thank you all.

Bitcoin owners have experienced serious hacking losses before: last year, exchange site BitFloor had 24,000 bitcoins (then worth a mere $250,000 USD) stolen because of a security hole, and a little over 1,000 bitcoins went missing from virtual wallet BIPS last month. But users had serious doubts that an outsider had really found and exploited a bug, especially after what was described as a week of suspicious behavior.

The site started warning readers that vendors and buyers couldn't withdraw money from Sheep Marketplace. At the same time, it said that market moderators had started offering bulk drug purchases if people would pay first rather than keeping the money in an escrow account.

Site users have begun their own detective work, chronicled on a Reddit thread devoted to the thefts, “He was desperately creating new wallet addresses and moving his 49 retirement wallets through them, but having to wait for 3 or 4 confirmations each time before moving them again. Each time I caught up, I “666″ed him – sent 0.00666 bitcoins to mess up his lovely round numbers like 4,000. Then,all of a sudden, decimal places started appearing, and fractions of bitcoins were jumping from wallet to wallet like grasshoppers on a hotplate without stopping for confirmations.”

1 comment:

  1. Dear All,

    Join now for free and be a part of this fast growing online social community. FUNBOOK Enjoy the new features at one place.
    Click Here to Join
    feel free to contact us HERE
    Your precious feedback is highly appreciated. It is free and always will be