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Cannabis Road Hacked: $100,000 (~200 Bitcoins) Gone

It been a while since we had one of these messages, but now, Cannabis Road market – the market that was established for cannabis vendors only, got hacked and is now offline until further notice.  If you will try and navigate to the market url, you will get this message:

 

Greetings Cannabis Road users. I am devastated to announce that we have officially been robbed of around $100,000 USD.

Shortly after 10:15 AM UTC, I logged on to check on some things to notice that the balance of our wallet was near zero. At first I thought it was a mistake, until I double checked, and triple checked, only to find out, we had in fact been robbed not 15 minutes earlier!

All coins were sent to this address.

http://blockchain.info/address/1CatnMd3jsEKhwhSLUf8V862im8gBp3NDF

At this point, I still have no idea how the coins were stolen, or who was involved. I am not, and will not, blame transaction malleability.

Once I find out how the coins were stolen, I am going to share as much information as possible to prevent this from happening to other markets.

I don’t know if Cannabis Road will continue to exist or not at this point, because there may be no reasonable way for us to recover from this. But now I know how Defcon felt, because I know a substantial number of you will be pointing the finger at myself, Crypto.

I am deeply sorry that I have failed you as a developer and a leader, and if I can figure out how this happened, maybe you will find it in your hearts to move past this and help us bring Cannabis Road back to life once again.

If not, it has been an honor serving you all.

Best regards,

Crypto

cannabisroad

This is a pretty surprising turn of events since cannabis road was already hacked in its early development stages and later changed hands to be developed by a more competent developer, Crypto,  as he previously explained in an interview we have conducted with him.

We hope that not much money is lost and that people were smart enough to use the advanced multisig option that was implemented on this site, but as we have learned many time before these hacking and the occasional losses are an integral part of the DNM scene.

3 comments

  1. there is no backopy = no market, no security, no honesty

    backopy was the best out of all.

  2. Isn’t it amazing how coincidently often these sites get hacked when no admin are around to notice and stop it? Oh wait.. it’s not amazing at all. It’s just another scam theft by site staff.
    Nice round figure of 100k btw. Classy.

  3. @Brian: they noticed 15 minutes later, cant say they were nowhere around. Its not like the hacker physically walks into the building, announces himself and then slowly grabs coin by coin. I dont know more details than in this article either, so I cant say if they made some mistake or if it just was a very skilled hacker, but you cant blame them for not stopping it. According blockchain the coins were sent in 4 transactions within 7 minutes (3/4 of them in the first minute), so your accusations are bs.

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