How Silk Road Bounced Back from Its Multimillion-Dollar Hack (Also indicates current size of SR2)

http://motherboard.vice.com/read/how-silk-road-bounced-back-from-its-multimillion-dollar-hack

Even though they try to hide it, due to this article we do get an idea of the size of the site. Combining the following information.

In total, an estimated $2.7 million worth of bitcoin belonging to users and staff of the site was stolen.

and

the administration of the site has not made any commissions on sales. Instead, every time a purchase is made, a five percent slice of the cost goes directly into the account of a randomly determined hack victim.

and

The administrator of the site expects to have everyone repaid by mid-June, assuming that the site's current usage levels remain stable.

A five percent slice means that $54 million in transactions has to be done to repay everyone. That means that SR2 will have transacted that amount between the time the repayments started and mid-June.

That's a pretty large amount, especially considering a lot of user fled after the hack. So before it must have been a lot bigger.


Comments


[5 Points] hugsfordrugs:

It'd be interesting to see a comparison of Agora's monthly revenue to SR 2.0's. I honestly don't know which one is making more money at this point.


[5 Points] 13kkmofo1:

i lost over btc 11.xxx from the hacked(SR2). i was really upset and moved to Pandora and Agora. About 6 weeks after SR2 paid it all back in 3 payments. i didnt really expect that at all. after sheep scam. anyway, now im back to use SR and think it s the best place to go.


[2 Points] Thechemicallyminded:

I'm still not touching it with a 10 foot pole.


[2 Points] DarknetPrince:

I submitted this yesterday, how come I didn't get a 'Solid Contribution' tag? :(


[1 Points] 13tom13:

they haven't paid me back still got btc pending


[0 Points] queryox1:

No offence but Pandora got hacked a large amount of funds and everyone was repaid pretty swiftly, in fact people only had a delay of a few weeks. All hail SR though right.


[-1 Points] Blu167:

How can we verify SR knows which accounts lost coins? I lost about $150 worth during the hack and haven't bothered to log in at all so I'm curious to see this.