Re:DOJ seizes $15B in Bitcoin from 'pig butchering' scam bas...
by Reason077 on Sunday October 19, 2025 @03:49PM
(#45637342)
> ”Well how would you know who to return it to? It's crypto, … which doesn't allow you to track simple things like transaction history”
That’s not actually correct. The blockchain contains a permanent, immutable, and public record of every transaction.
Obviously you also need a way to connect a given wallet ID (address) back to it’s owner, but if transactions originated from regulated platforms like Binance then they will have those records thanks to KYC/AML rules.
If the transaction originated from a private wallet, a fraud victim could simply submit proof of their wallet ID as part of their claim.
That’s not actually correct. The blockchain contains a permanent, immutable, and public record of every transaction.
Obviously you also need a way to connect a given wallet ID (address) back to it’s owner, but if transactions originated from regulated platforms like Binance then they will have those records thanks to KYC/AML rules.
If the transaction originated from a private wallet, a fraud victim could simply submit proof of their wallet ID as part of their claim.