- Organization says it’s a mistake
- Silk Road BTC withdrawal not yet planned
- Misunderstanding arose due to user labels
- User misconfigured tracker, then started unverified rumor
On May 10, Twitter user nickname “1kbeetlejuice” told his followers that he recorded BTC movement in the government accounts. He backed up his conclusions with data from Arkham.
Soon after, the user closed the account to the general public.. A few hours later, Arkham commented directly on the situation, noting the following:
“Nothing is visible from our side.”
The organization also “retweeted” the response of another user, with the nickname “Riley_gmi”. A user showed screenshots of BTC wallets supposedly storing bitcoins confiscated in the Silk Road case.
It’s not hard to guess that there was no capital movement in these accounts. Despite this, some users still “dumped” part of the portfolio for fear that the rate would fall.
Later, Arkham explained that the misunderstanding stemmed from user labels. Users can configure the tracker manually, which sometimes leads to such “errors.
Well, “1kbeetlejuice” spread the word before he checked it. This is the second time this has happened, though.
At the end of April, Arkham actually brought down the BTC exchange rate when one of the organization’s customers spread a “leak” about the movement of Mt.Gox funds.