So as most of you know something strange is happening with bitconnect. With no official update everyone is speculating as to what caused this massive dump. I saw that the price has dipped so much and decided to buy some as an arbitrage opportunity because it was still selling at $154.00 in bitconnect. I logged on Nova exchange and bought 1.72 bcc coins for about 0.012 per token. I immediately sent out the 1.72 to my bitconnect wallet on the website so I could sell it before the price dipped there too.
This is where things started to get strange. The transaction was confirmed by nova and it never went through to the wallet.
I checked the block explorer and noticed that the 1.72 had indeed went into my wallet, but there was a transaction where it was taken out.
I then opened the transaction hash to see what was going on
So the hacker must have had access some wallets and began dumping the stolen bcc on exchanges for any price possible.
The 1.72 gets sent to other addresses.
It ends up accumulating up to 25 bcc and ends up on this wallet.
If you want to check it out yourself this is the address to my wallet on the blockchain.
https://chainz.cryptoid.info/bcc/address.dws?8HD6wdMxWpThjnfE2MuaXXeFbADnNqYMti.htm
interested to know what your opinions are.