BTC Valued at $144M Sent to Coin Mixer From Defunct Darknet Market After Eight-Year Wait

An entity has moved 4,800 BTC to a coin mixer from a wallet tied to defunct darknet marketplace Abraxas, which closed in 2015, according to blockchain analyst

Abraxas shut suddenly eight years ago, locking user funds on the website in what was described as an"exit scam." The funds were left untouched until this week, when the wallet owner consolidated them before transferring the full amount to a bitcoin mixer. A mixer is a tool that jumbles up bitcoin transactions across a period of time by splitting the coins across various wallets. The U.S. treasury wasThe leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a.

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