News for hackers. Stuff that matters.
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?
Re:We Burned Down Players’ Houses in Ultima Online by ceejayoz on Monday October 03, 2022 @10:35PM (#33076171)
I would bet the FBI operates and controls a non-zero amount of mixing services.