I deposited 500$ into Alphabay a few hours before it went down. Those coins are still moving right now as we speak.

Into some ridiculously huge wallets, must be a tumbler? One that's holding 5000 btc and has processed over 2,500,000 btc in transactions. I'm even looking at some unconfirmed transactions still happening. Looks like they didn't get the whole hydra, or maybe LE pushing their own transactions through tumblers to study the paths or even break it.

I'm just pointing this out, would rather not help LE in their investigation by posting links to them.

edit: Looks like it's a combination of poloniex, bittrex, BTC-e, Haobtc and other unidentified wallets. The final transfer out of a user wallet (now completely empty) was on the 18th and into the previously mentioned wallets and starting today the 26th, all over the place. So the future transactions I'm looking at may have nothing to do with the user.

edit2: Does anybody have more details on how the inner workings of exchange wallets work? Do users have a dedicated wallet they do business from or is that only used for deposits?


Comments


[57 Points] TILYouLoveDrugs:

Fuck meh I haven't seen your name in a while, good to know you're safe and sound.


[17 Points] throwahooawayyfoe:

edit2: Does anybody have more details on how the inner workings of exchange wallets work? Do users have a dedicated wallet they do business from or is that only used for deposits?

Most exchanges have one large hot wallet that everything goes into and out of. A user's deposit address is only for deposits and coins that get sent to that address generally then get moved to the exchange's hot wallet immediately after the transfer in. Basically, if you're trading on an exchange, you're trading with poker chips that represent your balance. Everything is done off-chain for the most part, and the only time you'll see an actual transaction is when you make either a deposit or a withdrawal.


[15 Points] Chemical_Love_Story:

Very interesting. I really doubt LE were able to seize ALL of the wallets and funds in escrow. On the other hand, it would seem like poor opsec to touch those coins so soon after what went down.

Could those just be LE's wallets from all of their previous busts as well? It would seem to me that they would have at least that much money in BTC after so many busts and raids.


[8 Points] Immaloner:

Considering how shady the FBI were during SR1 do you think someone in the DNP is looking at all those zeros and got greedy?


[6 Points] None:

[deleted]


[7 Points] evenmoreKUSH:

My tinfoil hat says that if 2.5mil bitcoins($6B) have been processed then something is definitely up. More than the measly few million LE got custody of while shutting down markets recently.


[4 Points] cypto_thinker:

LE would not use high amounts of btc, no need, you can as easily track 0.001 btc as 100 btc..

forget about the 500$, it can only get you in trouble now


[1 Points] darksideofmyspoon:

I’m pretty positive most exchanges use one big wallet. Coinbase for example charges fees unless it’s to another coinbase wallet, same goes for Xapo