Suspected Silk Road Bitcoin Reaches Bitfinex, Binance and Bitmex

 Suspected Silk Road Bitcoin Reaches Bitfinex, Binance and Bitmex Suspected Silk Road Bitcoin Reaches Bitfinex, Binance and Bitmex

In the past few days, a Reddit user posted a detailed analysis of the transactions originating in a wallet related to the Silk Road website. In the latest update, the researcher asserts that these ill-gotten coins found their way to two of the world’s leading cryptocurrency exchanges, Binance and Bitfinex.

The wallet in question that has created a huge stir among the crypto community, contained over 111,114 BTC/BCH and presumably the same amount in other forked coins. According to the analysis of Reddit user sick_silk, who created the account five days ago just for this disclosure, stated that the wallet sent the equivalent of $100 million to Bitfinex and Binance.

Some Redditors have argued that because both Bitfinex and Binance are largely crypto-crypto exchanges, the mysterious wallet owner is limited to what they can trade into; with altcoins or Tether (USDT) as the most likely options, according…

This article appeared first on Cryptovest

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