Silk Road 3.1 announces new leadership after the old admin tried to turn the market into scam – According to PGP signed message posted on Silk Road 3.1 website, new leadership has taken the website after a coup.
Here is the full version of PGP signed message posted on the website:
WE HAVE SHUT DOWN THE SCAM MARKET THAT THE OLD ADMIN TRIED TO TURN THE MARKET INTO!
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A more detailed post will be made soon explaining the situation that has been going on for the last couple of months. For now, here are the important actions that have been taken:
– -Market roll-back
The markets interface has been rolled back to a much earlier version.
The interface that we will be using now (wallet-less) is where buyers will place a order and each order will be given a specific escrow address,
This is being done due to the funds issue caused by the old admins.
What this means exactly:
Any funds that any one (buyers and vendors) had on the intergrated wallets or on any orders that was in escrow from before, these funds will not be able to be obtained at this time. However, after some time and the market has recovered well enough, we then plan to restore the old interface and as well as previous orders and balances that was on these wallets (we have saved and secured a copy of all the orders and as well as the balances any user held on their account)
By doing this, it will allow for buyers to be able and place orders as normal, and for vendors to be able and get their funds for these orders with no issue. As well, it will create the possibility for us to be able and refund users in the future once we are able to. We hope most agree they rather do this, than to not have either of these at all.
With this being said, we do deeply apologize for the mess that the market turned into.
However, we are determined to get the market back on the right track, and we hope every one else will be too.
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