🚨 Hold onto your hats, BTC enthusiasts! Blockchain detective ZachXBT has uncovered a jaw-dropping movement of 4,800 Bitcoin ($144 million) originating from Abraxas, a notorious darknet marketplace that exit-scammed investors in 2015! 😲

💰 According to Zach's tweet, the Abraxas-linked entity transferred the massive sum through crypto mixers to obscure the transactions. Launched in December 2014, Abraxas was infamous for facilitating illicit trade, including narcotics, hacking services, and counterfeit items. The platform met its demise in November 2015, resulting in a significant loss of Bitcoin for its users.

🔍 Although the stolen cryptocurrency remained dormant for several years, analysts have observed patterns of BTC movements originating from the platform. ZachXBT shared a diagram illustrating the movement of funds from the initial wallet, originally held by Abraxas Market, with the movement from one of the addresses starting on October 26, 2015.

🕵️‍♂️ Darknet markets have long used cryptocurrency to facilitate payments, with crypto mixers often at the heart of criminal undertakings associated with digital assets. For example, U.S. watchdogs last year banned crypto mixer Tornado Cash for illegal schemes, including money laundering.