{"id":31218,"date":"2020-11-04T01:46:25","date_gmt":"2020-11-03T23:46:25","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=31218"},"modified":"2025-08-28T02:34:43","modified_gmt":"2025-08-27T23:34:43","slug":"69370-btc-moved-from-one-of-the-wealthiest-wallets-hackers-had-been-trying-to-crack-it-for-years","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/69370-btc-moved-from-one-of-the-wealthiest-wallets-hackers-had-been-trying-to-crack-it-for-years\/","title":{"rendered":"69,370 BTC moved from one of the wealthiest wallets. Hackers had been trying to crack it for years."},"content":{"rendered":"<p>An unknown user withdrew 69,370 BTC from a wallet that hackers had been trying to crack for several years. At the time of writing, the recipient address <a href=\\\"https:\/\/bitinfocharts.com\/top-100-richest-bitcoin-addresses.html\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">\u044f\u0432\u043b\u044f\u0435\u0442\u0441\u044f<\/a> the fourth-largest holder of Bitcoin in the world.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">\ud83d\udea8 \ud83d\udea8 \ud83d\udea8 \ud83d\udea8 \ud83d\udea8 \ud83d\udea8 \ud83d\udea8 \ud83d\udea8 \ud83d\udea8 \ud83d\udea8 69,369 <a href=\\\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&#038;ref_src=twsrc%5Etfw\\\">#BTC<\/a> (955,011,610 USD) transferred from unknown wallet to unknown wallet<\/p>\n<p>Tx: <a href=\\\"https:\/\/t.co\/0JMCKt0mEP\\\">https:\/\/t.co\/0JMCKt0mEP<\/a><\/p>\n<p>\u2014 Whale Alert (@whale_alert) <a href=\\\"https:\/\/twitter.com\/whale_alert\/status\/1323740996295925764?ref_src=twsrc%5Etfw\\\">November 3, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>The withdrawal was carried out in two transactions \u2014 one for 1 BTC and another for 69,369 BTC (approximately $960 million at the time of writing). Later <a href=\\\"https:\/\/www.blockchain.com\/bch\/address\/1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">\u0432\u044b\u0432\u0435\u043b\u0438<\/a> also 69,370 BCH.<\/p>\n<p>The wallet.dat file <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-wallet-with-69370-btc-listed-for-sale-on-hacker-forum\">was being sold<\/a> on several hacker forums, although there is still no guarantee that it contained Bitcoins. Perhaps the wallet owner simply transferred the coins to a secure address.<\/p>\n<p>Bitcoin Core contributor Matt Ward noted five hours before the transfer that the probability of correctly guessing the private key was negligible.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">Odds of guessing a bank PIN: 1\/10,000.<\/p>\n<p>Odds of guessing a <a href=\\\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\\\">#bitcoin<\/a> private key: 1\/10,000,000,000,000,000,000,000,000,000,000,000.<\/p>\n<p>\u2014 Matt Ward \u26a1\ufe0f (@CoinCornerMatt) <a href=\\\"https:\/\/twitter.com\/CoinCornerMatt\/status\/1323671543403155457?ref_src=twsrc%5Etfw\\\">November 3, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>As noted by the Telegram channel Goldfoundinshit, forums claimed that the wallet was linked to Silk Road founder Ross Ulbricht, who is serving a life sentence in a U.S. prison.<\/p>\n<p><script async src=\\\"https:\/\/telegram.org\/js\/telegram-widget.js?12\\\" data-telegram-post=\\\"gfoundinshit\/4875\\\" data-width=\\\"100%\\\"><\/script><\/p>\n<p>WhaleBot Alerts noted that this wallet may be linked to the collapsed Mt.Gox exchange.<\/p>\n<p><script async src=\\\"https:\/\/telegram.org\/js\/telegram-widget.js?12\\\" data-telegram-post=\\\"whalebotalerts\/60445\\\" data-width=\\\"100%\\\"><\/script><\/p>\n<p><strong>Update:<\/strong> Elliptic found that on May 6, 2012 these coins left the Silk Road wallet. The recipient address then lay dormant for almost a year, after which they were transferred to a wallet where they remained until November 3, 2020. It was not until 2015 that 101 BTC were sent from the address to the BTC-e exchange, which was subsequently shut down by American authorities as part of investigations into a large-money-laundering scheme.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">Nearly $1 billion in <a href=\\\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\\\">#bitcoin<\/a> from the Silk Road dark market is on the move today, for the first time since 2015. This has serious <a href=\\\"https:\/\/twitter.com\/hashtag\/compliance?src=hash&#038;ref_src=twsrc%5Etfw\\\">#compliance<\/a> consequences for exchanges and other <a href=\\\"https:\/\/twitter.com\/hashtag\/crypto?src=hash&#038;ref_src=twsrc%5Etfw\\\">#crypto<\/a> businesses.<br \/>\nRead our analysis here: <a href=\\\"https:\/\/t.co\/IvQxaI66ch\\\">https:\/\/t.co\/IvQxaI66ch<\/a><\/p>\n<p>\u2014 elliptic (@elliptic) <a href=\\\"https:\/\/twitter.com\/elliptic\/status\/1323823974934056960?ref_src=twsrc%5Etfw\\\">November 4, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>It is believed that Silk Road earned 614 000 BTC in fees, though at the time of the founder&#8217;s arrest Ulbricht seized only 174 000 BTC. According to Elliptic, Ulbricht sold at least part of the remaining coins to cover operating expenses. This means that the Silk Road coins are in circulation.<\/p>\n<p>Read more about Silk Road at the link.<\/p>\n<p><strong>Update:<\/strong> Read the continuation of the story at the link.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog Feed<\/a> \u2014 all the news, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An unknown user withdrew 69,370 BTC from a wallet that hackers had been trying to crack for several years. At the time of writing, the recipient address is the fourth-largest holder of Bitcoin in the world.<\/p>\n","protected":false},"author":1,"featured_media":31219,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18],"class_list":["post-31218","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/31218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=31218"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/31218\/revisions"}],"predecessor-version":[{"id":31220,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/31218\/revisions\/31220"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/31219"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=31218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=31218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=31218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}