ETC Funds From The DAO Breach is On The Move
To be more precise,a total of 3641694 ETC has been moved to a new address. This is a large amount, particularly when taking the current Ethereum Classic price into account. Some of the funds stolen by The DAO “attacker” is on the move right now. More particularly, the majority of Ethereum Classic holdings have been transferred to a different address. The bigger question is what his funds will be used for, and whether or not it will be dumped across exchanges. With over 3 million ETC on the move, a market crash might be looming on the horizon. When The DAO got breached by an unknown entity....
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Moreover, Cryptcracker has agreed to return the funds in exchange for a 13% bounty, which will add up to roughly 2,000 Bitcoin. That is still a very significant amount of “clean” money to deal with after such a major breach, albeit it pales in comparison to the funds controlled by this person right now. What is particularly worrying is how this announcement makes no mention about the addresses where this fund is being kept. Cryptsy used to be one of the more prominent Bitcoin and altcoin exchanges in the realm of digital currency, even though there have always been minor issues with the....