Re:We Burned Down Players’ Houses in Ultima Online
by palata on Monday October 03, 2022 @08:17PM
(#33075324)
They are actually pretty damn good for some criminal use-cases...
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Re:We Burned Down Players’ Houses in Ultima Online
by kmeisthax on Monday October 03, 2022 @08:33PM
(#33075415)
Not even. Everything except Monero makes money-laundering analysis trivially easy.
Re:We Burned Down Players’ Houses in Ultima Online
by cottenio on Monday October 03, 2022 @08:44PM
(#33075488)
Ironically I gave an interview to VICE News about exactly this during the Mueller investigation and they had to cut my Monero comments out for time.
Re:We Burned Down Players’ Houses in Ultima Online
by fatneckbeardz on Monday October 03, 2022 @09:30PM
(#33075826)
ok so to restate.
proof of work blockchain use case:
you want to invent a money transfer system that will attract criminals to use it, and they will think it is anonymous, but its not really anonymous.
Re:We Burned Down Players’ Houses in Ultima Online
by palata on Tuesday October 04, 2022 @04:12AM
(#33077694)
Money laundering is one. What about ransomware? What about malware mining cryptocurrencies? Also I think North Korea is using cryptocurrencies to get money out of cyberattacks.
It does not feel like all this is prevented by trivial analysis, is it?
Re:We Burned Down Players’ Houses in Ultima Online
by JohnJamesRambo on Monday October 03, 2022 @09:23PM
(#33075777)
If the funds are sent to mixers?