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MajorGeeks.Com » News » February 2014 » Silk Road 2.0 hacked and drained of funds

Silk Road 2.0 hacked and drained of funds


Posted by: Timothy Weaver on 02/19/2014 06:02 AM [ comments Comments ]


SilkRoad 2.0, the underground market, was recently hacked and lost all of its Bitcoin funds. The administrators, namely Defcon, have vowed to pay back all of the funds.

He went on to say that all of the administrators would forgo their commissions until all of the funds were returned to the users.

"This leadership and this community will not stop until you are completely repaid," Defcon vowed.

"We know you feel defenseless right now. You are naked. Many of you are convinced there is no logical reason any darknet admin would ever fight to get your coins back."

Last week's incident saw a hacker exploit a transaction malleability vulnerability that resulted in the theft of $2.7m worth of Bitcoins. 26 per cent of Silk Road's active users, according to the sites administrators, saw their entire Silk Road account funds wiped out in the attack.

Silk Road administrators are continuing to investigate the theft.




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