Tuesday, December 3, 2013

Online drugs marketplace shut down after £3.5m bitcoin hack

http://www.theguardian.com/technology/2013/dec/03/online-drugs-marketplace-shut-down-bitcoin-hack-sheep?CMP=ema_565

Sheep Marketplace disappears from the internet after admins report a Bitcoin hack - but users accuse them of absconding with 20 times that

Sheep Marketplace, a darknet shopping site, has shut down following a catastrophic theft of 5,400 bitcoins, currently valued at over £3.5m.
The site uses technologies such as Tor and Bitcoin to enable users to purchase illegal goods online, and is one of a spate of successors to the Silk Road site which was shut down in October. For a few days, visitors to Sheep received a notice blaming the theft for the closure, but now its entire online presence has been removed.
Sheep's administrators claim that the theft was carried out by a dealer with the username EBOOK101. "This vendor found a bug in our system and stole 5,400 BTC – your money, our provisions, all was stolen," they wrote in the online message.

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