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$30 Million Worth Of Bitcoin Has Likely Been Stolen From Darknet Market Place Empire Market

Emily Mason

Summary: $30 million worth of Bitcoin has allegedly been stolen from admins of one of the world's largest markets, Empire Market, which was taken offline for several days this week. Empire Market was down for 36 hours this week and many initially thought it went because of a distributed denial-of-service attack. As time passes, customers and ...

$30 million worth of Bitcoin has allegedly been stolen from admins of one of the world's largest markets, Empire Market, which was taken offline for several days this week.

Empire Market was down for 36 hours this week and many initially thought it went because of a distributed denial-of-service attack. As time passes, customers and researchers are starting to think the outage was caused by an exit scam instead. 

An exit scam is when moderators take down a market with no warning and user and vendor funds are stolen. Anonymous darknet journalist Dark Fail posted in a tweet on Tuesday that Empire Market moderators seem to have pulled off an exit scam. Posts on Reddit threads suggest similar sentiment. 

By Emily Mason

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