One of the top 10 btc wallets hacked?

[2double0]

According to my source (Blockchain Whispers), there was a wallet that was on sale at dark markets 'and no news have come into the markets yet' but it looks like the wallet has been decrypted and it had over a billion USD worth of btc in it and all the funds have been moved. Has it anything to do with the elections? Will there be a price hit 'or one of the biggest dumps in btc's history' to follow? A secret news brought to you exclusively by me and BCW, I will do everything to get into the roots of it. Don't panic till you officially see this at some reputed crypto news website, but save your ASSes by maintaining your open positions if you have any, seems huge volatility coming around.

More news to follow...

EDIT: News from the source - "1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx - this wallet moved their funds. You can check for yourself. This wallet was featured on Vice as one on sale by hackers for decryption in September. I got the info SUPER EARLY. The first really... thanks to follower D... minutes after... just I was checking info for you. Now we wait for major sites to figure out what happened. That's why I'm writing the wallet for them. as they want to act smart when reporting... here you go guys!"

Source - https://t.me/blockchainwhispersbaby

Updates:

1. The very first transaction received on the hacked wallet was of BTC69471 in April, 2013 - https://www.blockchain.com/btc/tx/5d9ef693d41cb3bb4c6d98e70ea8b2cc91be29a804245a06ec8761d9cddc103c

2. The very first transfer done through the hacked wallet to 1PLbnu8oYYyyXftkCBW4so6KHNKkpnexCB with 0 fee was of BTC101 in April, 2015 - https://www.blockchain.com/btc/tx/97facbd7e07c4f3140d9ea167c2e54d85bc5f6fd04d9774d80b1284b706920ff

3. The hacked wallet tested sending BTC1 to bc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6 with BTC0.05775 as fee (over $800 as I'm writing this) on 04/11/20 - https://www.blockchain.com/btc/tx/0d13a52e3b640d05cdf31b41f335b327f126cb79d9eec1e2bc46556ef30a0b57

4. The hacked wallet finally sweeps away the remaining BTC69369 to the same address bc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6 with just $12 in fees for a transfer (move) of a billion dollars worth btc - https://www.blockchain.com/btc/tx/3f036ff88bb851b57a1e28780dbce35a6457a8b57995c095b55b3b0cf48ba9fd

This is the power of transparency and a public ledger. And don't forget, we were the first and even the fastest news breakers (even before a professional crypto news website published it). Enjoy the low-side ride.

[AmoreJaz]

thats interesting! this is the reason why we dont need to store our coins in third party wallets. if they are already moving the funds, owners should have noticed it by now. and definitely these hackers will be using mixers before the news explodes

at any moment, we will learn what btc wallet you are talking about here...

[2double0]

thats interesting! this is the reason why we dont need to store our coins in third party wallets. if they are already moving the funds, owners should have noticed it by now. and definitely these hackers will be using mixers before the news explodes

at any moment, we will learn what btc wallet you are talking about here...

Do not mix this with a third party wallet hack, I said that this wallet had $1 billion worth btc in it already and the owners did not have the private key or seed to decrypt and use it, so they put it on a dark market for sale, so the buyer tries to decrypt it. But it seems the hackers have already done the job and after decrypting the wallet, moved the funds out of it. This wallet was one of the oldest and top 10 wallets, please read the post carefully before you react to it.

And it is not possible to use mixers because exchanges will not allow them to get away with that money if they go the mixing way. OTC is the only way ahead and it is also highly likely that the owners of that wallet may have been waiting for the right time to do this and this time when US elections are going on, is the perfect time to do this.

[Raflesia]

Do not mix this with a third party wallet hack, I said that this wallet had $1 billion worth btc in it already and the owners did not have the private key or seed to decrypt and use it, so they put it on a dark market for sale, so the buyer tries to decrypt it. But it seems the hackers have already done the job and after decrypting the wallet, moved the funds out of it. This wallet was one of the oldest and top 10 wallets, please read the post carefully before you react to it.

I just saw the wallet above that has moved this 69k btc it is really fantastic value it's fair it's worth 1 billion USD.
How many wallets are sold on the black market? if the buyer is able to do this by trying the decryption it will get rich quick, lol.
I can't stop thinking if someone buys and does this with success, with no seed and private key then it's a tremendous difficulty but for hackers will know how to outsmart it because in every gap there must be an opportunity for them.

[TravelMug]

The price though is being pumped right now, closing in to $14k.

I try to search the community with that bitcoin address,

69,000 Bitcoin Transaction? - 2013

Back then there's a lot of speculation as who own the bitcoin address, someone says it's from DPR (Dread Pirate Roberts), I'm sure you are familiar with that name.

[2double0]

The price though is being pumped right now, closing in to $14k.

Watch out, let the news come out. It is not even published officially and you see the price, it looks like a double top is being made on the charts.

I try to search the community with that bitcoin address,

69,000 Bitcoin Transaction? - 2013

They believed that it was 'just a move and the owners were playing around'. This one is more intense as a move specially during the election days.

Back then there's a lot of speculation as who own the bitcoin address, someone says it's from DPR (Dread Pirate Roberts), I'm sure you are familiar with that name.

Ross Ulbricht? Wasn't he sentenced to life prison and is currently in jail?

[Kemarit]

There is also a change that the original owner decided to move the funds as it was taking too much heat from underground hacker forums? Even in this community, these address is supposedly being sold.

I still have my doubts that it was cracked or brute forced, as there are not enough computing power up to this time for breaking it.

[yazher]

thats interesting! this is the reason why we dont need to store our coins in third party wallets. if they are already moving the funds, owners should have noticed it by now. and definitely these hackers will be using mixers before the news explodes

at any moment, we will learn what btc wallet you are talking about here...

One of the disadvantages of 3rd party wallet or exchanges is they can control your funds like what we are seeing right now with Okex. my funds have been there for almost 3 weeks and because of their unable to withdraw maintenance, I cannot do anything but wait for them to resume their withdrawal. Now I think of it, This is what the other members said. when they say never leave your crypto assets on exchanges no matter how famous they are.

[manfredmann]

Even the blockchain itself was being attack so meaning it is possible for tha hacker to attack. However, that may ne a difficult task because every platform had increase their security level.to avoid getting breached of their system. Still there is a slight percentage that hackers could still make their way to access even to the most secured platform.

[Yogee]

Was the 1 BTC just a test transfer? I'm just asking out of curiosity.

Hmmmm there are other wallets involved sending to the latest address holding 69K BTC. I don't know if the purpose is to confuse anyone who is trying to investigate or make them believe it's just another "regular" wallet.

....I still have my doubts that it was cracked or brute forced, as there are not enough computing power up to this time for breaking it.

Same thought here but I'm still interested where this story is going to end up.

The price though is being pumped right now, closing in to $14k.

Watch out, let the news come out. It is not even published officially and you see the price, it looks like a double top is being made on the charts.

You said it yourself that the only way these bitcoins could be disposed of is OTC. Deals over there doesn't affect exchange prices right? I would expect a drop if the news says 69K BTC moved to exchange ABC but who knows how speculators would take this once it's out in the open. It also depends on how the news writers spins it.

[Darker45]

We can speculate a lot from this. But for now what happened was just a movement or a transfer right? And not on an exchange where it could possibly be dumped.

I don't think this is related to the elections. If it were, I think it should have been done much earlier, before the election day comes. Would the funds still change the potential result at this minute?

Will wait for updates on this. For now, there seems to be nothing much to worry but, as you've said, open positions should be maintained.

[pooya87]

One of the top 10 btc wallets hacked

why do you think there is a hack involved?
all you provided were a bunch of transaction IDs from the blockchain showing that some coins moved from one place to another and the guesswork you read on some telegram group!

where is the real owner? where is the proof of that? where is the proof that this was sold on dark market and was real not just some fake file containing malware like they always do? where is the proof that this was actually cracked? and what kind of weak ass encryption was it using that it got cracked?

[Mpamaegbu]

thats interesting! this is the reason why we dont need to store our coins in third party wallets. if they are already moving the funds, owners should have noticed it by now. and definitely these hackers will be using mixers before the news explodes

Don't be too hasty to take a position on this. What makes you conclude it was a hack and that it wasn't the owner moving the funds? Again, the wallet could even be an exchange wallet and the exchange moved it to a more secured wallet. We all should wait until news emanating from such activity hits the media officially from more reputable sources before we draw conclusions. If that truly is a hack, then we obviously will experience a massive dump in days to come. Until then, my fingers are crossed.

[Bttzed03]

~
I don't think this is related to the elections. If it were, I think it should have been done much earlier, before the election day comes. Would the funds still change the potential result at this minute?

@2double0 probably isn't referring to affecting the election results but the fact that people's attention would be there and the moving of $1 billion worth of BTC would go unnoticed (or less noticed). If this was done on a regular slow news day, people would have dumped by now.


Bloomberg already published it - Bitcoin Haul of $1 Billion on Move, Possibly With Silk Road Tie

To those who are looking for the Vice article in the OP (wallet sold in the darmarket) - Hackers Are Trying To Break Into This Bitcoin Wallet Holding $690 Million

[hd49728]

This part is from the article on Vice. Too much lucky when cracks it or the real owner of that wallet played around. If it is a wallet in last 3 or 4 years, the wallet with more than 69000 bitcoin, wallet passphrase could be a strong one and impossible to crack (as Vice article). Although it is a very old wallet I still think the original owner did not set a too weak password.

"I think it's a hell of a longshot. It'd have to be a fairly weak password to be cold cracked. Or someone getting really, really lucky," Jeremi Gosney, the founder and CEO of Terahash, told Motherboard in an online chat. "I certainly would not waste any resources on it."

[cryptomaniac_xxx]

Weird that it is one of the wallet being sold here: wallet.dat 13+ = 25$.

But we're not sure if this wallet has been really cracked by someone though, and I don't think it has something to do with the US presidential elections though. As of this time, it is not clear, no one is coming forward to claim that he indeed break it, or the owner just move it.

[FinneysTrueVision]

It's possible that the person who owns the wallet is moving the funds to protect himself from the hackers. They have not tried to mix the Bitcoin which would be a clear sign that a hacker was behind the transfer. We will have to wait and see where the BTC moves from here to have a better idea of what the reason was for moving such a large amount of coins.

[lovesmayfamilis]

They write that this wallet was passed between hackers for about two years.
Here's a tweet message. https://twitter.com/UnderTheBreach/status/1303316723186139136?s=20
And there are also suggestions that the owner is Ross Ulbricht.
From the same wallet, they write that Bitcoin Cash was withdrawn https://www.blockchain.com/bch/address/1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx

[fiulpro]

Whenever I hear about the hacked news , most of the times as it turns out it's the problem with the safety measures taken by the person who has been using them. If he did have that much money , couldn't he would have invested in a good hardware wallet ?

- If you do have more than a certain amount you have to buy a good hardware wallet and make sure to avoid the third party sites.

Not your keys , not your wallet
We have heard this like millions of times !
But implementation : 0

At the end of the day blockchain is just another technology, now this goes without saying that we might have someone who will soon find the flaws , but as I see here it was the fault of the wallet and the owner alike.

[arwin100]

- If you do have more than a certain amount you have to buy a good hardware wallet and make sure to avoid the third party sites.

Not your keys , not your wallet
We have heard this like millions of times !
But implementation : 0

At the end of the day blockchain is just another technology, now this goes without saying that we might have someone who will soon find the flaws , but as I see here it was the fault of the wallet and the owner alike.

Yes many read those reminder but unfortunate not every can deal with the hassle for transferring on different wallets that's why many choose to use a less secured wallet since many think that they cannot be compromised since they are aware with different scamming and hacking schemes around.

But since this issue exist the best thing we can do is to be careful and not to put any huge amount that we can't afford to lose on any wallet whether they are trusted or not.