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Topic: Evolution has run off with all user's funds (Read 3015 times)

legendary
Activity: 924
Merit: 1000
March 20, 2015, 09:22:22 PM
#41
This has nothing to do with smart or dumb, EVO just took off, after being the most succesfull dark market. Very smart people lost money too Wink.

>Very smart people
>People who leave money in a darkwallet run by unknown criminals

Pick one.

We dont know if the bulk was in escrow or not. Remember the escrow was a complicated unique process for that site from what I read
legendary
Activity: 1176
Merit: 1005
This has nothing to do with smart or dumb, EVO just took off, after being the most succesfull dark market. Very smart people lost money too Wink.

>Very smart people
>People who leave money in a darkwallet run by unknown criminals

Pick one.
legendary
Activity: 938
Merit: 1000
BTC | LTC | XLM | VEN | ARDR
This issue is the single biggest threat to bit coin. People don't lose faith over chinese banks and potential regulations. They lose faith when their currency is stolen.

You mean like people stopped using dollars after Bernie Madoff's scam was revealed?

All Bitcoin being stolen means is it's worth enough to make stealing it worthwhile.  Stupid people will continue to get swindled.  Smart people will protect their money.

This has nothing to do with smart or dumb, EVO just took off, after being the most succesfull dark market. Very smart people lost money too Wink. But DARK markets can't make people lose faith in Bitcoin, when legitame business start scamming them, or your wallet is empty when you open it, THAT will make people lose faith in bitcoin.
legendary
Activity: 1176
Merit: 1005
This issue is the single biggest threat to bit coin. People don't lose faith over chinese banks and potential regulations. They lose faith when their currency is stolen.

You mean like people stopped using dollars after Bernie Madoff's scam was revealed?

All Bitcoin being stolen means is it's worth enough to make stealing it worthwhile.  Stupid people will continue to get swindled.  Smart people will protect their money.
hero member
Activity: 672
Merit: 500
This newspaper says one whistle-blower claims that they have taken 130,000 Bitcoins belonging to users.
http://www.telegraph.co.uk/technology/news/11482252/Creators-of-drug-dealing-website-flee-with-22.5m.html

This journalist got the names all wrong. The whistle blower is NSWGreat, but the person with information on Verto and Kimble is DeepThroat. I followed the reddit thread today and DeepThroat said he isn't going to reveal anything and has "given up" because he lost patience with "idiotic posts"  Undecided
hero member
Activity: 560
Merit: 500
★777Coin.com★ Fun BTC Casino!
when are people going to learn not to store funds in online wallets? ESPECIALLY not a freakin' darknet wallet .. ugh
member
Activity: 86
Merit: 10
How many Bitcoin exactly did evolution stolen? Some say 400 Bitcoin while coindesk says $12 Million in Bitcoin? What's the truth?

This newspaper says one whistle-blower claims that they have taken 130,000 Bitcoins belonging to users.

http://www.telegraph.co.uk/technology/news/11482252/Creators-of-drug-dealing-website-flee-with-22.5m.html
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
every market on the darknet is eventually a scam .. pays more to run with the funds rather than wait for the feds

If the market doesn't run with the funds, then it's probably the feds who are running it in the first place.
sr. member
Activity: 406
Merit: 250
Bitcoin Mixer: https://BitLaunder.com
every market on the darknet is eventually a scam .. pays more to run with the funds rather than wait for the feds
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
But isnt this old news though? I mean the whole running away darkemarkets users funds etc.

I remember most darkmarkets are good for a certain time, and the owner decides to pull the plug and sweep all the btc stored in escrow supposedly.

Then comes back with a new name, new face, with the same concept to pull this all over again.

Yup. That's not going to stop druggists coming back time and again though. It's about as perfect a scam as is humanly possible.
hero member
Activity: 826
Merit: 1000
But isnt this old news though? I mean the whole running away darkemarkets users funds etc.

I remember most darkmarkets are good for a certain time, and the owner decides to pull the plug and sweep all the btc stored in escrow supposedly.

Then comes back with a new name, new face, with the same concept to pull this all over again.
legendary
Activity: 1526
Merit: 1000
This issue is the single biggest threat to bit coin. People don't lose faith over chinese banks and potential regulations. They lose faith when their currency is stolen. People need to bring pressure on law enforcement to pursue this kind of stuff. They also need to secure their own coins. This kind of stuff is easy to avoid if you simply keep your currency offline.

"hello, officer jones, I need your help."

"what can i do for you?"

"Someone on the internet said they would give me internet money if I mailed them drugs, to make sure no one got ripped off someone named Vector would hold the money until the drugs were shipped. After I put the drugs in the mail Vector ran away with my internet money."

"Ok, son, we'll find your internet money while you're in jail for putting drugs in the mail and possession with intent to sell, hopefully we'll find it in the next 5 to 10 years, have a good night."
legendary
Activity: 1050
Merit: 1000
Did they dump some stolen bitcoin ?
Bitcoin price dropping about 15% after this news released Sad

Most likely to be a dump from the stolen coins, I can imagine that they would try to get rid of the coins as soon as possible.

How many Bitcoin exactly did evolution stolen? Some say 400 Bitcoin while coindesk says $12 Million in Bitcoin? What's the truth?

CoinDesk is known for exaggerating. Read around on reddit and determine your mean.
hero member
Activity: 658
Merit: 500
Small Red and Bad
How many Bitcoin exactly did evolution stolen? Some say 400 Bitcoin while coindesk says $12 Million in Bitcoin? What's the truth?

Coindesk loves to exaggerate and they rarely investigate and confirm their news. Large part of the stuff they're producing comes from these news tips that people are sending and the rest is from google.
legendary
Activity: 896
Merit: 1000
How many Bitcoin exactly did evolution stolen? Some say 400 Bitcoin while coindesk says $12 Million in Bitcoin? What's the truth?
hero member
Activity: 1372
Merit: 783
better everyday ♥
The approximate amount is known a staff member came forward.  As for the owners I am sure they made dangerous enemies and they better hide

Why should they hide, they were so hardcore pro that no-one knows who they are. They were the only darkmarket with so good security that were never down, NEVER! Believe me that authorities wanted them down in the same time als silkroad reloaded, but they simply couldn't. Those guys will return with a new darkmrket in a few months, really don't know who to trust now, the only option now is a decentral market, with no-one in charge, but that seems impossible...

time to check NXT Freemarket or OpenBazaar Smiley

Speaking of which, when the heck is OpenBazaar launching?!

Sh#t's taking too long, we NEED a Decentralized market place badly, especially with this Evolution news.

No trust whatsoever with centralized market places, even with multi-sig escrow...
legendary
Activity: 938
Merit: 1000
BTC | LTC | XLM | VEN | ARDR
The approximate amount is known a staff member came forward.  As for the owners I am sure they made dangerous enemies and they better hide

Why should they hide, they were so hardcore pro that no-one knows who they are. They were the only darkmarket with so good security that were never down, NEVER! Believe me that authorities wanted them down in the same time als silkroad reloaded, but they simply couldn't. Those guys will return with a new darkmrket in a few months, really don't know who to trust now, the only option now is a decentral market, with no-one in charge, but that seems impossible...

time to check NXT Freemarket or OpenBazaar Smiley

Nucleus, pandorra or middle earth are better in my view Smiley Yet EVO really was the best....
legendary
Activity: 1764
Merit: 1000
The approximate amount is known a staff member came forward.  As for the owners I am sure they made dangerous enemies and they better hide

Why should they hide, they were so hardcore pro that no-one knows who they are. They were the only darkmarket with so good security that were never down, NEVER! Believe me that authorities wanted them down in the same time als silkroad reloaded, but they simply couldn't. Those guys will return with a new darkmrket in a few months, really don't know who to trust now, the only option now is a decentral market, with no-one in charge, but that seems impossible...

time to check NXT Freemarket or OpenBazaar Smiley
legendary
Activity: 938
Merit: 1000
BTC | LTC | XLM | VEN | ARDR
The approximate amount is known a staff member came forward.  As for the owners I am sure they made dangerous enemies and they better hide

Why should they hide, they were so hardcore pro that no-one knows who they are. They were the only darkmarket with so good security that were never down, NEVER! Believe me that authorities wanted them down in the same time als silkroad reloaded, but they simply couldn't. Those guys will return with a new darkmrket in a few months, really don't know who to trust now, the only option now is a decentral market, with no-one in charge, but that seems impossible...
legendary
Activity: 924
Merit: 1000
The approximate amount is known a staff member came forward.  As for the owners I am sure they made dangerous enemies and they better hide
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