[UPDATE] Silk Road 2.0 currently being hacked and drained of all bitcoin funds!

After posting a story earlier today about Crypto Currency (click HERE to view prior posting) and mentioning the former Silk Road as the largest "darknet" marketplace, the revamped SILK ROAD 2.0 has been under attack and all the legal crypto currency is being drained from vendors and shoppers.

This information comes to us from Reddit and appreciation goes out to /U/LedLevee for simplifying the current situation of the online marketplace:

"Hacked".

1. Admins have been "post-poning" updates for months now, with delay after delay. No auto-finalization or resolution center with support means that literally millions worth of Bitcoins are pilling up in escrow. Buyers and vendors were complaining about this but were told to shut up because the admins were working on it.
2. The supposed hack isn't possible. Defcon (the guy running SR2) has made some kind of statement as to how it should have happened, except this is impossible. They point to a vulnerability that doesn't allow you to steal Bitcoins from a wallet. The supposed vulnerability was exposed in 2011 and it doesn't allow you to steal, only to hinder transactions being confirmed.
3. The "hack" is still going on (you can look up Bitcoins and bitcoinwallets in blockchain.info) even though the site is supposedly offline. They're still emptying out the place.

The admins either were planning to scam all along or realized halfway through they are in no way competent enough to run this ship and this was the best way to throw in the towel while still getting rich.

We will work to continue updating the situation as it plays out and our thoughts go out to those rebellious people that had various funds tied into crypto currency.

To view the original Reddit thread, click HERE