Man used Coinbase to pay hitman in Bitcoin for wife's murder, FBI says

Re:Man used Coinbase to pay hitman in Bitcoin for wife's mur... by Out_of_Characte on Tuesday May 11, 2021 @02:33PM (#27121726)

>the cost to unmask any given btc txn to asymptotically approach $0. Mind you, there are several ways to obfuscate transactions even in the bitcoin network. and there are also privacy focused blockchains to whitewash money

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Re:Man used Coinbase to pay hitman in Bitcoin for wife's mur... by cwkoss on Tuesday May 11, 2021 @02:38PM (#27121807)

All of the 'trustless' tumbling solutions I've seen tend to leave some evidence on the blockchain, it often only dilutes the certainty that a particular input maps to a particular output.

IMO, the only "surefire" way to launder bitcoin is traditional money laundering: send a trusted person dirty bitcoins and they send you back bitcoins from a clean legitimate source. Strong incentive for launderer to take the funds and run, so trust is unstable in this model.

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Re:Man used Coinbase to pay hitman in Bitcoin for wife's mur... by warkdarrior on Tuesday May 11, 2021 @03:35PM (#27122486)

But... trustless! /s

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