$ 1 billion in Bitcoin from the Silk Road wallet transferred for the first time since 2015

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An anonymous cryptocurrency user transferred 69,370 Bitcoins from an address associated with the Dark Silk Road market, which has recently become a popular hacking target.

According to a report released on November 3 from the intelligence firm Cypher Trace, the latest move involving two transactions adding up to 69,370 Bitcoin (BTC) – or more than $ 960 million at the time of writing the article – arose from an address connected to the Silk Road market, which was It closed in 2013. A cryptocurrency user first sent 1 Bitcoin – most likely as a test process – before the bulk of the coins were transferred.

Cypher Trace has speculated that the anonymous user performed the transactions “to stay up-to-date on the Bitcoin network” by switching between address formats. Since the last time anyone transferred money linked to the defunct Darknet Market was in April 2015, it was also reported that the Bitcoin wallet would also have access to all Bitcoin Cash (BCH) and Bitcoin SV (BSV) associated with the outputs of the overall foreclosures.

However, the company did not rule out a breach as a possibility:

“These movements may mean that the owner of the wallet is moving funds to new addresses to prevent hackers from accessing the wallet.dat file, or that hackers have already breached the file.”

Silk Road money has been contained in a wallet that has been traded among hackers for more than two years. And in September, a Twitter user, claiming to own a wallet.dat file, invited the cryptocurrency community for solutions on how to access more than 69,000 currencies and even suggested using a quantum computer as a potential way to identify private keys.

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