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Re:Someone bought 26.9 BTC on Binance and sent it to Satoshi... by smolder on Sunday January 07, 2024 @06:36AM (#38900391)
I think the idea is that if they did that, they'd be caught? There are mixers and monero and stuff, but maybe that's not enough.
Re:Someone bought 26.9 BTC on Binance and sent it to Satoshi... by d3w4s9 on Sunday January 07, 2024 @06:44AM (#38900430)
I'd think these criminals must have a way to "properly" do money laundering without getting caught too easily, e.g. sending to an account they control that can't really be tracked down to a person, cashing out in a country with near zero regulation of cryptocurrency, then somehow getting real money out of it. It would be surprising if this isn't already an entire business out there.
Re:Someone bought 26.9 BTC on Binance and sent it to Satoshi... by jtxx on Sunday January 07, 2024 @06:39AM (#38900406)
+1, it's gotten pretty easy to do bitcoin tracing these days IIRC. there's definitely cash out methods but for this large of a sum, seems like it'd be difficult?
Re:Someone bought 26.9 BTC on Binance and sent it to Satoshi... by vincnetas on Sunday January 07, 2024 @06:45AM (#38900435)
Just generate new wallet and never touch it again :D
Re:Someone bought 26.9 BTC on Binance and sent it to Satoshi... by nullc on Sunday January 07, 2024 @06:43AM (#38900425)
An address is essentially a random number, it would be as safe to send to a random number they generated as one that Satoshi generated.

Now using it further from there might indeed be problematic... but also a champaign problem.

Re:Someone bought 26.9 BTC on Binance and sent it to Satoshi... by OJFord on Sunday January 07, 2024 @06:46AM (#38900443)
Yes but random throws someone random under the bus (potentially) and doesn't carry the bragging rights GP suggests.
Re:Someone bought 26.9 BTC on Binance and sent it to Satoshi... by nullc on Tuesday January 09, 2024 @07:52PM (#38934669)
I wasn't suggesting they could pay to someone else. They could pay to their own address at no more risk than paying the genesis block address.

The risk to them comes when they try to spend the funds later. They'd always have the option of dumping them on something unconnected to them for bragging rights with relatively low marginal risk.