News for hackers. Stuff that matters.
Re:Amazon sent the FBI to take my family’s bank accounts by rosndo on Friday February 18, 2022 @11:40AM (#30387915)
But if you used Monero, they’d have a harder time proving what funds you may have access to.
Re:Amazon sent the FBI to take my family’s bank accounts by PragmaticPulp on Friday February 18, 2022 @12:02PM (#30388205)
Doesn't matter. If the FBI has records of you transferring money to an exchange and then you claim it just "disappeared" after reaching the exchange, they're going to roll their eyes.

The crimes in question involved real estate deals with paper trails. They also have transcripts of conversations where the partners acknowledge what they're doing is wrong and could potentially trigger an FBI investigation.

Monero won't save anyone from that.

Re:Amazon sent the FBI to take my family’s bank accounts by rosndo on Friday February 18, 2022 @01:26PM (#30389254)
Or you could just accidentally drop your laptop in the sea and then wait a decade or two before selling the Moneroj in another country?

The first part you can do with any cryptocurrency, the anonymity provided by Monero may allow you to succeed at the second.

Re:Amazon sent the FBI to take my family’s bank accounts by ranger_danger on Saturday February 19, 2022 @11:44AM (#30398407)
There are several ways to get crypto (including Monero) without touching an exchange.
Re:Amazon sent the FBI to take my family’s bank accounts by AlexandrB on Friday February 18, 2022 @11:48AM (#30388036)
How this will probably play out:

FBI agent: What cryptocurrency assets do you own?

You: 2 BTC, 1 ETH.

FBI agent: We found some Monero transactions in your past, we think you're holding XMR and lying to an FBI agent about it. Off to jail for you.

Re:Amazon sent the FBI to take my family’s bank accounts by gruez on Friday February 18, 2022 @12:02PM (#30388203)
>FBI agent: What cryptocurrency assets do you own?

>You: 2 BTC, 1 ETH.

bzzzt

You're supposed to remain silent, not expose yourself by lying.

Re:Amazon sent the FBI to take my family’s bank accounts by bbitmaster on Friday February 18, 2022 @08:38PM (#30393604)
John McAfee claimed they were doing this to him before he "suicided".
Re:Amazon sent the FBI to take my family’s bank accounts by symlinkk on Friday February 18, 2022 @11:58AM (#30388167)
> we think

They need evidence

Re:Amazon sent the FBI to take my family’s bank accounts by rosndo on Friday February 18, 2022 @12:23PM (#30388465)
More specifically for a criminal case they’d need evidence beyond reasonable doubt, no?