One of the top 10 btc wallets hacked?

[DarkDays]

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From the same wallet, they write that Bitcoin Cash was withdrawn https://www.blockchain.com/bch/address/1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx

This is all interesting news, and it is great that we got it firsthand on here. Now it seems that this is starting to get coverage. As of now this is the latest update on this (here). However, the info is quite limited and I expect there's only a matter of time until this gets a full media coverage.

According to this other than Ross Ulbricht being the founder of Silk Road otherwise known as the 'dark market' and in jail there's yet no other link to him and the possibility that this might have been his wallet.
What would be prudent right now is to watch the market for a dump 

[3meek]

I do not think that this wallet could have been hacked by someone! Such large transactions happen from time to time... There are rumors that this wallet is connected to Silk Road, someone says that it is connected to MtGox...
In any case, someone has moved them to a new SegWit address...

[error08]

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?

We can't say for sure, who knows whether it was the hacker or the owners that moved those bitcoins. But it connected to silk road.
The market may panic sell if those coins get into exchanges, but first it has to enter the mixer, then lost track of it.

69,370 Bitcoin from an address associated with the Silk Road darknet market.
According to a Nov. 3 report from crypto intelligence firm CipherTrace, the recent movement involving two transactions adding up to 69,370 Bitcoin (BTC) — or more than $960 million at the time of publication — originated from an address connected with the Silk Road marketplace, which was shut down in 2013. The crypto user first sent 1 BTC — likely as a test transaction — before moving the bulk of the coins.

“These movements could possibly 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 cracked the file.”


https://cointelegraph.com/news/1b-of-bitcoin-from-silk-road-wallet-moves-for-first-time-since-2015

[bitcoin31]

That is a lot of bitcoin and hope that the owner of that wallet is responsible for the security of his account because we know the hacker will do everything to open our wallet to send our assets to their wallets to get more money so we need to be vigilant and don't give some information about you because it is one of the cause for you to lose your funds once they have access to your wallet and I hope no more wallet will be hack like this.

[jemimah_f3]

In my opinion some government agency cracked it or hackers working for the police or the government.

[KIZILAGA]

Transparency and a public ledger is slowly becoming a privacy problem.

[Chlotide]

Too much FUD about this address.

On June 29 of last year, someone nicknamed humerh3 tried to sell the wallet on Bitcointalk, one of the most popular forums dedicated to the cryptocurrency. Another forum member noticed a listing on All Private Keys for the $690 million wallet earlier this year as well. That listing is now gone, but another site has it on sale.

https://www.vice.com/en/article/bv8k4v/hackers-are-trying-to-break-into-this-bitcoin-wallet-holding-dollar690-million

It seems the wallet.dat has been "allegedly" on sale in many forums and sites. If it's the real one and not a fake that's a different discussion.
Also have a question:

Seems 1BADznNF3W1gi47R65MQs754KB7zTaGuYZ was one of the first addresses to fund the address in the OP.
That transaction happened in 2013 https://www.blockchain.com/btc/tx/5d9ef693d41cb3bb4c6d98e70ea8b2cc91be29a804245a06ec8761d9cddc103c and had 0 fee for 69471.08220100 BTC

Made me wonder how come 0 fee. All I found was a reddit post and could not understand the logic.
Unless the mempool is pretty empty why would miners "want" to add 0 fee transactions and is there really a correlation between how old the transaction input is and associated fee ?

[2double0]

<<>>

Made me wonder how come 0 fee. All I found was a reddit post and could not understand the logic.
Unless the mempool is pretty empty why would miners "want" to add 0 fee transactions and is there really a correlation between how old the transaction input is and associated fee ?

Are you trying to say that the owner just transferred the funds to show that they can move a billion dollars for a very small fee of $12? It was not worth a billion dollars back in April 2013, was slightly worth between $8.5mn to $13mn as the price of btc was $123-$182 in those times. And in those days, miners used to include 0 fee transactions too in their mined blocks but this does not seem to have anything to do with this move at the moment.

[zasad@]

I have studied information on this movement of bitcoins. If this was a wallet hack, then the coins would be sent to multiple wallets.


https://bitcointalk.org/index.php?topic=5160025.msg55169454#msg55169454
Here user humerh3 writes that: "I can give this wallet for free".
This suggests that a fake is being sold on the Internet.

There is not enough information yet to say that the wallet was hacked.

[Chlotide]

in those days, miners used to include 0 fee transactions too in their mined blocks but this does not seem to have anything to do with this move at the moment.

I am aware of bitcoin's price.
And no, my question was not regarding the current movement, but regarding that old transaction from 2013 of ~69500 BTC  with 0 fee which came from an address conected with the one in the OP.
Was just curious in general... because the concept is the same: mine blocks with higher fee first. Unless he was also mining back then and manually added that txo in the block he found or mempool not that full. Not sure if mempool size was an issue in 2013. Not sure and just wanted to know 😁

I have studied information on this movement of bitcoins. If this was a wallet hack, then the coins would be sent to multiple wallets.

Indeed, usually  coins are sent to multiple wallets after a hack. From my own experience such weird movement could be one of two things: someone moving funds in a more secure wallet or just to show he has access so can call CSW a fraud

[Chris Barth]

I've heard several bitcoin-hack news. Can wallets from an app like imToken, Trust wallet, and MetaMask be hacked? Or are they always exchange wallets?

[blockman]

It's always interesting to see huge amounts moving from one wallet to another wallet. We can speculate that it's just the "owner" moved the funds to another wallet without any intention of dumping it. Cmiiw, aren't those wallets owned by the government already after they've arrested Ross and seized those bitcoins? or it's a different wallet, I barely remember. Again, this gives worry that whenever funds like this moves then we're expecting a possible dump would come but come on, we always see bitcoin recovers quickly whenever it does.

[24Kt]

It's always interesting to see huge amounts moving from one wallet to another wallet. We can speculate that it's just the "owner" moved the funds to another wallet without any intention of dumping it. Cmiiw, aren't those wallets owned by the government already after they've arrested Ross and seized those bitcoins? or it's a different wallet, I barely remember. Again, this gives worry that whenever funds like this moves then we're expecting a possible dump would come but come on, we always see bitcoin recovers quickly whenever it does.

We will be reading more conspiracy theories here very soon. But really interesting where will those huge amount of btc will go afterwards. So something to watch out for here.

I don't think this is a case of wallet hack here. It seems the owner himself is doing the transaction, from what it seems.

[pixie85]

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.

Why do you assume that the owners or the hackers are from the US? If they are not why do you think moving it on this day had something to do with election in the US?

There's really nothing that would prove that there's a connection between the wallet and the election.

I have studied information on this movement of bitcoins. If this was a wallet hack, then the coins would be sent to multiple wallets.

Because of the above I think there's too much baseless speculation around this wallet. That person could be moving coins to a hardware wallet and is now reading this and laughing.

[TravelMug]

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.

The price rose above $14k already.

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?

$1B of Bitcoin from Silk Road wallet moves for first time since 2015

CipherTrace speculated that the anonymous user made the transactions “to stay up to date with the Bitcoin network,” but it may have been hacked.

So everyone is just speculating here, so we shouldn't assume that it was hacked or something. Until we get a clear picture whether Ross or someone close to him move it on his behalf.

[CASTIEL05]

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.

Definitely I agree with your opinion. The problem with third party wallet is that your keys can be controlled. This is why in cryptocurrency, there is a motto that talks "Not your keys, not your wallet". Yes we can able to withdraw our btc but when there are maintenance in exchanges, there will have a problem. In fact, there is a chance for us not to withdraw or lose our money in exchanges. Okex is a good exchange but after this incident, I could say that they lose the trust that their users give to them.

[stomachgrowls]

If its hacked then those transactions would be put up in multiple address and not just directly into a single one.So i dont really believe that this one is a hacking incident.Its really hard to make up conclusions though
yet there are various reasons on such movement.

What would be prudent right now is to watch the market for a dump 

Hate to deny but in times like these where price is skyrocketing, there would be always some negative news that would come along.

This is the sweetest time to make some huge sell-off? Yes it is... For now there's lots of speculations and the best thing we can do is to wait up for some
verification or official announcement or whatsoever.

[pooya87]

It seems the wallet.dat has been "allegedly" on sale in many forums and sites. If it's the real one and not a fake that's a different discussion.

the internet is filled with such files that claim to contain the keys to a lost fortune and the "owner" is selling it to others for a small amount so that they can get rich! literary all the top addresses from the "richlist" are already in some fake file being sold as "hacked" or something like that. with OP's logic they must all have been hacked

[error08]

I have studied information on this movement of bitcoins. If this was a wallet hack, then the coins would be sent to multiple wallets.


https://bitcointalk.org/index.php?topic=5160025.msg55169454#msg55169454
Here user humerh3 writes that: "I can give this wallet for free".
This suggests that a fake is being sold on the Internet.

There is not enough information yet to say that the wallet was hacked.

it makes sense since all the hack cases always end up did the same thing, spread the coins into numerous wallets.
Those 69,370 bitcoins associated with the silk road, which means whoever owns the wallet can't freely move it into exchanges or mixer without being traced, all the time.
it happened in April but there is no movement yet to date, well just chill about it.

[tbterryboy]

So which wallet was that? Because you said one of the top ten wallets were hacked, it thought you were going to mention which wallet it is. By the way, I feel sorry for whoever it is that owns the wallet that was hacked.

This shows that no matter which wallet you’re using, you don’t just feel relaxed because you’re using a wallet that claims to be most secured, you still have to play your own part by maintaining some privacy and making sure that you’re not leaving traces online that will be of any help to hackers and scammers.