Monero Loses Darknet Market in Apparent Exit Scam

in news •  8 years ago 

Monero appears to have lost its darknet market integrations, and very well may have fallen victim to an exit scam.

Darknet market Oasis, the first to accept Monero, has abruptly gone offline in an apparent exit scam, making off with customer funds. An estimated 150 Bitcoins were lost, as well as an indeterminate amount of Monero.

Several users report that attempts to withdraw XMR from AlphaBay, the darknet market whose integration was closely correlated with the currency’s meteoric rise, were unresponsive as well.

HolladsHerbs, Reddit user, posted in the /r/DarkNetMarkets subreddit a theory that Oasis first accepted Monero in order to pump up the currency to make a significant profit:

Read the full article here: https://cointelegraph.com/news/monero-loses-darknet-market-in-apparent-exit-scam

Read my previous article on the Monero price drop: https://steemit.com/crypto-news/@contentjunkie/monero-security-vulnerability-discovered-sending-xmr-value-plummeting-down

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This makes me pretty satisfied with my decision to sell Monero after the interview with the developer lol.