Silk Road 2.0 hacked through malleability, ~4000 BTC STOLEN

darkmule

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Quote from: guybrushthreepwood on February 27, 2014, 01:21:55 PM

I wouldn't say they're drug dealers, but they're certainly facilitating sales and profiting from it.

It's one of those distinctions very few people in the real world will care about. It reminds me of Walt in Breaking Bad insisting that he was a drug "manufacturer" and not a dealer as if this were a moral or even legal distinction.

guybrushthreepwood

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Quote from: darkmule on February 27, 2014, 12:30:47 AM

Quote from: WorldWideBTC on February 26, 2014, 11:03:43 PM

But to blanket SR admins with "They are drug dealers" isn't accurate at all. If I ran a shadow market, I wouldn't give two damns what people were selling. And I sure wouldn't be a drug dealer. I would just take my fee for each listing, not know or care what it was for, and be happy to provide a free market for ANY type of goods.

I'm sure anyone from SR2/3/4/5/whatever will raise similar arguments if they're ever in front of a jury. The track record of success of such arguments is pretty mixed, and the penalties draconian when they lose.

I wouldn't say they're drug dealers, but they're certainly facilitating sales and profiting from it.

Vitamin

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Drug dealers really aren't the people you want to owe money to. I'd be sweating to if I was that little punk.

Have fun 6 feet under, idiot.

darkmule

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Quote from: codro on February 13, 2014, 02:51:37 PM

This hack was possible because of

morons.

FIFY.

frito

full member

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Quote from: codro on February 13, 2014, 02:51:37 PM

This hack was possible because of a
...

I think it got stolen coz they/him/she got hold of the private key/s to the wallet/s
coz the server(nutin to do with BTC net) security hole. Or it was simply the Admin 2.0.

Hope u did not lose too much coke money.

darkmule

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Quote from: WorldWideBTC on February 26, 2014, 11:03:43 PM

But to blanket SR admins with "They are drug dealers" isn't accurate at all. If I ran a shadow market, I wouldn't give two damns what people were selling. And I sure wouldn't be a drug dealer. I would just take my fee for each listing, not know or care what it was for, and be happy to provide a free market for ANY type of goods.

I'm sure anyone from SR2/3/4/5/whatever will raise similar arguments if they're ever in front of a jury. The track record of success of such arguments is pretty mixed, and the penalties draconian when they lose.

WorldWideBTC

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Quote from: darkmule on February 25, 2014, 03:30:18 AM

Quote from: ?? on ??

Quote from: km4700ruda on February 24, 2014, 05:47:00 PM

I imagine that he got scared that he would be caught by the feds, so instead of taking the profit over time and risking his ass, he decided that he was much safer just stealing the funds all at once.

The admin is continuing to operate the site and diverting the site's commission to pay everyone back.

The site rakes in millions of $ worth of BTC per month in commission. Nobody in their right mind would jeopardize that income for a measly 4000BTC.

Nobody in their right mind would risk a mandatory minimum life sentence to deal drugs for any amount of money.

They get paid out of the fee for listings being bought, regardless of what those listings are. If someone sells a pair of shoes on SR, the site gets paid a fee. The problem is that the admins see that silly money being tossed around and choose to get involved in the illicit sale of illegal material.

But to blanket SR admins with "They are drug dealers" isn't accurate at all. If I ran a shadow market, I wouldn't give two damns what people were selling. And I sure wouldn't be a drug dealer. I would just take my fee for each listing, not know or care what it was for, and be happy to provide a free market for ANY type of goods.

Gamer67

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тσ ¢σιи σя иσт тσ ¢σιи?

You are doing it wrong. It goes on the top of your head.

Bitcoinpro

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Quote from: darkmule on February 26, 2014, 03:48:11 AM

Quote from: ?? on ??

The fact that the admins are continuing to run the site and pay everyone back disproves the "they took the money and ran in fear of getting caught" theory.

Call me back when they do something other than SAY they're going to pay everyone back. You know, like when they actually DO pay everyone back. I seem to remember pirateat40 saying he was going to pay everyone back, too. And at least half the other scammers who waltzed off with other people's money.

same branches of people behind this are the same people behind mtgox, silk road 1 and utopia its not a total blind guess either, they have a penchant

for drugs and ponzi's ultimately they will attack the network itself that's why you should acquire hard assets as part of your portfolio,

http://en.wikipedia.org/wiki/Opium_Wars

http://en.wikipedia.org/wiki/2007%E2%80%932012_global_financial_crisis

darkmule

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Activity: 1176

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Quote from: ?? on ??

The fact that the admins are continuing to run the site and pay everyone back disproves the "they took the money and ran in fear of getting caught" theory.

Call me back when they do something other than SAY they're going to pay everyone back. You know, like when they actually DO pay everyone back. I seem to remember pirateat40 saying he was going to pay everyone back, too. And at least half the other scammers who waltzed off with other people's money.

dopecoindude

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The Dude Of DopeCoin

Quote from: hilariousandco on February 20, 2014, 10:35:11 AM

Quote from: gorgoros on February 20, 2014, 10:22:42 AM

Come on, silkroad 3.0!

Haha. I'm sure the next market to thrive will be decentralised in nature. SR will have to implement a better escrow system like some other marketplaces are doing.

HAHAHA DOPECOINS.com BRING on silk 3.0!!

darkmule

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Activity: 1176

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Quote from: ?? on ??

Quote from: km4700ruda on February 24, 2014, 05:47:00 PM

I imagine that he got scared that he would be caught by the feds, so instead of taking the profit over time and risking his ass, he decided that he was much safer just stealing the funds all at once.

The admin is continuing to operate the site and diverting the site's commission to pay everyone back.

The site rakes in millions of $ worth of BTC per month in commission. Nobody in their right mind would jeopardize that income for a measly 4000BTC.

Nobody in their right mind would risk a mandatory minimum life sentence to deal drugs for any amount of money.

roslinpl

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Quote from: Lauda on February 20, 2014, 05:28:51 PM

Silk Road needs to die along with Gox.

it is Like Silk Gox

or MtRoad

should make that fusion ? Cheesy

km4700ruda

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I imagine that he got scared that he would be caught by the feds, so instead of taking the profit over time and risking his ass, he decided that he was much safer just stealing the funds all at once.

Lauda

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Terminated.

Silk Road needs to die along with Gox.

hilariousandco

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Join the world-leading crypto sportsbook NOW!

Quote from: HorseCoin on February 20, 2014, 11:14:22 AM

Silk Road will die. primarily cause i have to enter the login captcha code like 12 times before it will let me in.

and that whole "we recommend laundering money" thing ticks me off.

i'm not a fucking criminal why should i launder BTC i legally paid for

Works for me usually, but I can't browse the site for long without getting a message about updating servers which I'm sure is just BS.

HorseCoin

newbie

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Silk Road will die. primarily cause i have to enter the login captcha code like 12 times before it will let me in.

and that whole "we recommend laundering money" thing ticks me off.

i'm not a fucking criminal why should i launder BTC i legally paid for

hilariousandco

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Join the world-leading crypto sportsbook NOW!

Quote from: gorgoros on February 20, 2014, 10:22:42 AM

Come on, silkroad 3.0!

Haha. I'm sure the next market to thrive will be decentralised in nature. SR will have to implement a better escrow system like some other marketplaces are doing.

gorgoros

newbie

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Come on, silkroad 3.0!

darkmule

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Quote from: WorldWideBTC on February 20, 2014, 07:41:58 AM

But anyway. The thread was about ~4000 BTC being "stolen" from SR 2.0, not the debates over the "intelligence" of running a mail-order drug empire.

The very nature of the business speaks for itself as to the wisdom of treating it as some kind of online wallet. Of course, even an "honest" online wallet is a crap shoot, and the only place to keep BTC (you don't mind losing) is under your own control in your own wallet (and even there taking it offline into cold storage is preferable).

Topic: Silk Road 2.0 hacked through malleability, ~4000 BTC STOLEN (Read 28439 times)