Abacus Vanishes: Darknet Giant’s Disappearing Act Sparks Fears of $300M Exit Scam
Abacus Market, the largest Western darknet marketplace, has vanished faster than your socks in the laundry. Suspected of an exit scam, it left users clutching their Bitcoin wallets, wondering if law enforcement is involved or if it’s just another case of “Vito, where’d you go?”
Hot Take:
If you thought your online shopping experience was nerve-wracking, imagine buying on the darknet and suddenly realizing the shop’s gone along with your Bitcoin… It’s like the dodgy online shopping experience on steroids! Perhaps it’s time for these darknet shoppers to consider good old-fashioned yard sales. At least there, the worst that can happen is haggling with a stubborn seller over a lawn gnome.
Key Points:
– Abacus Market, a significant player in the darknet bazaar, mysteriously shut down, sparking exit scam rumors.
– Abacus was a dominant force, boasting 70% of users in the Western darknet market domain by last year.
– The platform handled transactions worth approximately $300 million, with Monero as the cryptocurrency of choice.
– Withdrawal delays and a rapid decrease in user activity hinted at internal troubles before the shutdown.
– The administrator blamed a user influx and a DDoS attack, but the community suspects an exit stage left with users’ funds.