I think we can confirm abraxas isn't exiting

now i'm no expert but I found this walletexplorer.com website and I looked up abraxas. Now I don't know exactly what I'm looking at here, but I think these are all active wallets on abraxas? If they are, it seems like all the coins are still there... someone help me out with the information on this site https://www.walletexplorer.com/wallet/AbraxasMarket/addresses


Comments


[2 Points] gwernisthenewpine:

Damn, running a mainstream market must be complex. ~1200 escrow wallets? I can't even


[2 Points] Not-Actually-Here:

I have been looking at that one and the Middle Earth one the past few days. Those are all addresses on the same wallet you linked to. I think the transactions that most directly suggest against an exit scam are withdrawals from one market to another. If the admin of one site is going to exit scam he is not likely to send any coins to another DNM. The most recent withdrawal from Abraxis to another DNM is yesterday at 9:09:52 UTC (2 transactions going to nucleus). All of those transactions in the wallet with that time stamp were all confirmed in the same BTC block. You can check by using the TXID and blockchain.info as to when those transactions were broadcast. One was at 2015-11-05 09:00:38 (just 9 minutes before it was picked up in a block) and one was 2015-11-05 08:59:22 (10 minutes before it was picked up). It is a very safe bet that at least at the time those transactions were broadcast the admin of Abraxas was not considering pulling an exit scam or those transactions would probably not have occurred. I don't know how long Abraxis has been down but if it went down before that time then it is likely that the downtime is not due to an exit scam. I could be wrong.

Over on the middle earth side the last withdrawals to another DNM (2 to Abraxis and one to Nucleus) were picked up in a block at 2015-11-04 17:41:47. Various broadcast times on those but all of them within about 17 minutes of the block (Nucleus transaction is 2015-11-04 17:24:37) So again, it is a safe bet that at the time those transaction was broadcast at least, the ME admin was not planning to exit scam. I could be wrong but I think ME has been down longer than that time now so if that is correct then the site went down before the last transaction leaving the middle earth wallet for another DNM.

Basically if you were going to exit scam the very first thing you would do is stop sending BTC to anybody else which means all vendor and user withdrawals. It isn't possible to tell if transactions from the DNM wallet to say BTC-e or LocalBitcoins is a user withdrawal of the admin moving coins, but coins moving from DNM to DNM should with very high certainty be non-admin transactions. In the case of an exit scam those should stop completely from those wallets.

Walletexplorer unfortunately is not real time and appears to do a single update to the database every 24 hours so we can't see the very recent past. But if either or both of those exchanges (someone else will have to say as to the exact times they went down) is still sending coins to other DNM's then it is likely they are not exit scamming and are just getting caught up after many transactions on the bitcoin network were hung up for the past few days.


[1 Points] ParanoiaCat:

This doesn't mean much