AUTHOR BLEW £500,000 OF BITCOIN ON DARK WEB

An author was horrified to find out she spent nearly £500,000 worth of Bitcoin buying drugs on the dark web.

Bitcoin continues to fluctuate in price as the volatile cryptocurrency last week plunged to just 50% of its record high – hitting lows of just £21,000.

Ms Tolentino, 32, a staff writer for New Yorker and a published author, revealed her own Bitcoin horror story when appearing on the Reply All tech podcast in 2018.

She contacted the show as she remembered buying around £50 ($80) worth of Bitcoin in 2012 while exploring the Dark Web – but wasn’t sure what had happened to her stash after changing laptops

Today – the 17.5 coins she purchased at the time are now worth £456,253.

Thinking she could be sitting on a small fortune, the Super Tech Support team on the show put their heads together to try and track down her missing riches, which was worth around £200,000 at the time.

However, what they found was she had spent nearly all of her Bitcoin buying drugs on Dark Web marketplace Silk Road.

She had hoped to find she had some of the money left as she recalled buying the Bitcoin to purchase weed and MDMA – but she did not know what happened to the leftovers.

It turns out all she had left was  0.00209 bitcoin, which is worth around £75.

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