A person who allegedly robbed the web site Sheep Marketplace of 96,000 Bitcoins — about $100 million at current prices — is attempting to hide the heist by breaking up the massive online currency cache and repeatedly trading it through various "tumblers," which mix up and (supposedly) launder old Bitcoins for new.
You can watch his progress here, on a Bitcoin address tracker where the money has been tagged with the marker "Sheep Market Scam."
It's not clear exactly how big this Bitcoin theft is, but it is shaping up to be one of the biggest. Sheep Marketplace was an anonymous site for drug dealers that became prominent when Silk Road was closed down. In the last couple of days, Sheep Marketplace was hacked in such a way that users' accounts were drained even though their balances continued to show the money was still there. The robbery was discovered in late November and Sheep Marketplace promptly shut down.
Continued : http://www.businessinsider.com/a-thief-is-attempting-to-hide-100-million-in-stolen-bitcoins-and-you-can-watch-it-live-right-now-2013-12
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