News for hackers. Stuff that matters.

A comment on Bitconnect founder indicted in global $2.4B cryptocurrency scheme. Parent comment

Re:Bitconnect founder indicted in global $2.4B cryptocurrenc... by rvz on Saturday February 26, 2022 @10:40AM (#30478431)
Easy. Criminals, extremists and fraudsters use Signal for E2EE communications and MobileCoin (an untraceable, privacy cryptocurrency) to fund it all. [0]

It is what criminals and terrorists are using to make their activities impossible to trace. Got to thank MobileCoin for enabling that.

[0] https://support.signal.org/hc/en-us/articles/360057625692-In...

[ Parent | on HN ]
Re:Bitconnect founder indicted in global $2.4B cryptocurrenc... by nileshtrivedi on Saturday February 26, 2022 @11:09AM (#30478740)
MobileCoin whitepaper didn't make any claims about untraceability, AFAIK.
[ Parent | on HN ]
Re:Bitconnect founder indicted in global $2.4B cryptocurrenc... by rvz on Saturday February 26, 2022 @12:07PM (#30479436)
What does 'No one except for the sender and receiver can see the details of the transaction.' with an encrypted blockchain tell you about MobileCoin's traceability?
[ Parent | on HN ]