The personal data of a major founder of Crypto Exchange would have been sold at $ 1 on the dark Web

The personal data of Star Xu, founder of OKCoin, the main exchange of cryptocurrencies, would have been sold on the dark Web for 0.00029 bitcoin, worth about 1 dollar, BTC currently trading a little more $ 3,430.

According to the Chinese newspaper Blockbeats, the personal data of the founder of the crypto exchange was discovered in an announcement made by a "darrenchen" seller, stating that the data he was selling included information about OKCoin, his family and his family. relatives. personal identification.

Although no one knows if anyone paid 0,00029 BTC for accessing Star Xu's personal information, some commented that the amount was incredibly low for this information, which could mean that the seller was trying to to make money by scamming people on the dark web.

As highlighted by the crypto news item 8BTC, it is not uncommon to see the personal information of people selling on the dark web. In August of last year, a hacker sold the information of more than 130 million guests of the Huazhu hotel group, a leading hotel chain in China, priced at 8 BTC (USD 56,000 at the time).

This type of data is sold in dark markets where sellers generally list illicit goods and services, including drugs, weapons and other types of smuggling. These are accessible with the help of special software such as the Tor browser.

The use of Bitcoin in the Darknet markets advanced last year

The use of bitcoin, the flagship cryptocurrency, is rising in the invisible network markets, according to data from the research company Chainalysis on the television channel. This is despite the existence of more anonymity alternatives such as monero (XMR) and zcash (ZEC).

As covered, Chainalysis found that despite the crypto bear market, underground markets recorded bitcoin transaction volumes of about $ 600 million last year, down $ 100 million from 2017. This decrease is mainly due to the closing of major markets like AlphaBay and Hansa.

However, according to the company, when a darknet market is closed, another seems to take its place. Kim Grauer, senior economist at Chainlysis, told Reuters in an interview:

For someone who wants to buy something in a dark market, the fact that the price of bitcoin fluctuates does not really matter.

After the dismantling of Hansa, the Dutch authorities have created a darknet page to inform market users of their interest.