Topic: 1DkyBEKt5S2GDtv7aQw6rQepAvnsRyHoYM - page 28. (Read 85720 times)

I prove that the 25k address cluster is controlled by Silk Road.  And that the fat address is funded directly by that cluster.

That rules is out as being an MtGox deposit address, since the coins don't move once deposited to the fat address, except for a couple of large withdrawals.  Coins deposited to MtGox deposit addresses are typically quickly moved to new addresses as they are withdrawn by other users.

Do you know if your SilkRoad deposit address is part of the 25k cluster?  If you tell me the address you used, I can check for you.

How would the use leverage at MtGox?

Anyway, I read somewhere they allow sellers the option of holding the escrow in dollars during the transaction to eliminate the exchange rate risk.

That's true, but irrelevant to my comments. If MtGox is processing coins for fiat to SR ringleaders/big volume dealers, then guess who is going to want to know where the wires are going.

They're not "your" coins. Only some portion of coin deposited to SR eventually goes to 1DKy, because at the very least some SR vendors or users withdraw from SR to, eventually, MtGox. Its also possible that the SR tumbler purposefully deposits to MtGox to mix with MtGox coins. MtGox is the biggest coin-mixer so if they do that makes it much more difficult to distinguish an SR address cluster.

I doubt it's MtGox. Why would my SR coins go to MtGox, unless SR is taking a leveraged short with members' coins?

Oops. So nimda's coins sent to SR went to 1Dky too. And I see your analysis, but its far from conclusive proof that its 1Dky is controlled by SR. But what about that cluster of 25k addresses, all since June 18? So my deposit sent to SR on June 9 probably went through a different cluster. Maybe the SR tumbler is periodically creating fresh address clusters.

There would have to more experiments to analyze SR's coin tumbler, like timed deposits and withdrawals.

Just about every US bill in circulation has traces of cocaine on it. Doesn't mean anything more or less than does the fact that coins sent to SR eventually end up on MTGox.

Spooky. If pirate is related to SR he better be good at becoming invisible because if bitcointalk can figure this out then the DEA and their sister agencies can as well. Furthermore if a link between mtgox and SR becomes provable then the DOJ ban hammer could be coming eventually.

Did you see https://bitcointalksearch.org/topic/m.1064276 ?

SR does its own laundering with its coin-tumbler.

The one evidence I've seen that 1DkyBEKt5S2GDtv7aQw6rQepAvnsRyHoYM belonged to SR was the claim by Arkanos that his SR deposit went there "immediately".

I'll present a 2nd piece of evidence. I made a deposit to SR on June 9 2012. I just checked blockchain.info and it went to 1DkyBEKt5S2GDtv7aQw6rQepAvnsRyHoYM after 129 hops (I'm not sure on the date it arrived because the blockchain.info taint tool doesn't show dates).

Actually I made two deposits to SR that day, to two separate addresses. The 2nd one went to 1DkyBEKt5S2GDtv7aQw6rQepAvnsRyHoYM after 510 hops.

Does this mean that 1DkyBEKt5S2GDtv7aQw6rQepAvnsRyHoYM was controlled by SR? No. If the address was controlled by MtGox, all it confirms is that SR or its users, also use MtGox. There would have to more experiments to support that it belongs to SR. I'm having trouble thinking of an experiment which would shine some light (such as identifying a suspected SR closure). Heck, SR could be hosting its wallet on MtGox and using the MtGox API (probably not, but just for an extreme example). In that case, SR would not have its own closure and be entirely inside the MtGox closure.

I'm very skeptical that 1DkyBEK belongs to SR. Nobody other than Satoshi (who owns the first 1 million coins if I'm not mistaken) has been known to control that many coins, and already MtGox proved they control 424k last July. 500k is a heck of a lot coins, considering that there's only 10m in existence. In all likelihood 1DkyBEK is an MtGox address, until there's stronger evidence to the contrary.


Looks like those taint numbers are about in proportion to general market penetration. MtGox taints it the most, deepbit second, and pirate's closure taints more than znort's closure.

I'm a little confused about how znort's tool is calculating this taint. The numbers are "taint from" so are these numbers "receiving taint"? i.e., 1DkyBEK received 0.5% of its coins from [addresses closed around] 1ZnortsoStC1zSTXbW6CUtkvqew8czMMG?

Why? I originally theorized he was laundering for a cartel. SR is much less hazardous. And far less hazardous to my bitcoins.

Contrary to popular belief, the term "honest criminal" is not an oxymoron.

You should try this.

There's something wrong when suspicion of involvement in the drugs trade would make you more confident about investing money with someone 

Does that mean his ponzi wont default any time soon then? lol

Oh boy.
Dread Pirate Roberts
pirateat40

coins sent to silk road go to the fat address
the fat address has a strong pirate taint

there was a withdrawal from that address when pirateat40 (unauthenticated) said he moved the market

proprietary mixing scheme

Here we go

Thx, got that corrected

GPUMAX.  Gigamining is something else.

I had the exact same idea. It would explain the odd correlation of the FAT address to both entities (pointed out by taint analysis):
https://bitcointalk.org/index.php?topic=94675.100

Also the fact, that pirate claimed on IRC to have moved the market on the 17th of July "for the first time" (line No 729.) in which 70k BTC were sold, just before that (some minutes/hours before) 70k were withdrawn from that address, for the first time.

Now the similar names of both heads of the operation.

Things add up, he can now effectively mix bitcoins used for buying drugs with those invested into his BS&T or his GPUMAX operation.

Where do the 7% per week come from to pay off his lenders? --> Profits of GPUMAX, Silk Road and The Armory

There's been some movement on some of the big addresses I pointed out here:
https://bitcointalksearch.org/topic/m.1065019

One of them I suspect is just a passthrough as it makes a lot of small payments, but there's large amounts still moving in and out of the bigger ones too.