Post
Topic
Board Bitcoin Discussion
Re: What's a sheep market scam?
by
cimine
on 04/12/2013, 12:58:34 UTC
Underground market called Sheep Market ran away with all it's users coins, or so the theory goes.

http://www.reddit.com/r/SheepMarketplace/comments/1rvlft/i_just_chased_him_through_a_bitcoin_tumbler_and/

LOL.  And people spent money at a place called "The Sheep Market"?  It sounds like the joke was built right into the name!

I saw the reddit thread but I still didn't understand the full story.  So people pumped over 92,000 bitcoins into this fly by night "market"?

How did they pull this off?