Re:Feds arrest couple, seize $3.6B in hacked Bitcoin funds
by Firmwarrior on Tuesday February 08, 2022 @01:55PM
(#30262764)
Someone was saying they could have moved to South America and laundered $1000 at a time, but you'd think that the US government could've easily tracked that down as well.. "Hmm, it appears someone is living off this stolen 3 billion dollars in South America"
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Re:Feds arrest couple, seize $3.6B in hacked Bitcoin funds
by notch656a on Tuesday February 08, 2022 @02:12PM
(#30263019)
How would you trace $1000 to a larger source after it passes through a privacy coin? The only way to do that is either with some side channel information, or by monitoring the person selling the funds. In a cash economy in the third world the odds of that look pretty poor. I think what happened is large deposit in bank account caused some to start asking questions.