U.S. Feds Seized Nearly $1B in Bitcoin from Wallet Linked to Silk Road

Re:U.S. Feds Seized Nearly $1B in Bitcoin from Wallet Linked... by spurgu on Thursday November 05, 2020 @02:15PM (#25001017)

Not sure why you're getting downvoted, to my knowledge you're correct.

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Re:U.S. Feds Seized Nearly $1B in Bitcoin from Wallet Linked... by coolspot on Thursday November 05, 2020 @02:50PM (#25001314)

I didn’t downvote, but Monero is not magic. State-level attacker absolutely can trace real-world recipients of money “laundered” through Monero.

See “Breaking Monero” series on YouTube.

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Re:U.S. Feds Seized Nearly $1B in Bitcoin from Wallet Linked... by shitlord on Thursday November 05, 2020 @02:28PM (#25001138)

The IRS even has a $625k bounty for anyone who can break privacy coins like Monero!

https://heraldsheets.com/irs-will-pay-625000-cracks-monero-n...

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Re:U.S. Feds Seized Nearly $1B in Bitcoin from Wallet Linked... by gmadsen on Thursday November 05, 2020 @03:04PM (#25001456)

people don't realize this. If there is no flaw in the current implementation of Monaro, then it can't be traced. It is entirely possible that something has been figured out and allows tracing, but that is no different than using bitcoin. So I don't get the hate towards Monaro. \

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Re:U.S. Feds Seized Nearly $1B in Bitcoin from Wallet Linked... by overkalix on Thursday November 05, 2020 @02:34PM (#25001178)

I'd be extremely surprised if this bounty was anything else than misdirection and bait.

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Re:U.S. Feds Seized Nearly $1B in Bitcoin from Wallet Linked... by dorgo on Thursday November 05, 2020 @04:57PM (#25002489)

would you sell the secret how to break privacy coints for $625k?

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