Bitcoin's big secret: How cryptocurrency became law enforcement's secret weapon

Re:Bitcoin's big secret: How cryptocurrency became law enfor... by beeflet on Thursday November 13, 2025 @02:53AM (#45912010)

Bitcoin associated with criminal transactions are worth less than "clean" bitcoin. so they are not fungible. All bitcoin outputs are naturally NFTs, for example see Colored Coins or Ordinals.

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Re:Bitcoin's big secret: How cryptocurrency became law enfor... by ta12653421 on Thursday November 13, 2025 @10:02AM (#45915710)

Depends on how each individual institution handles it:

Some exchanges and banks to trace lets say the last 20 hops, and if these are OK, then they accept the coin. I know also about institutions which trace ALL hops, meaning: At their desk you cant ever sell a coin that has been in the dark only one day since its existance.

Most have a relaxed approach, like "if the coin wasnt in dirty hands for the last 5 or 6, its OK for us"

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Re:Bitcoin's big secret: How cryptocurrency became law enfor... by lxgr on Thursday November 13, 2025 @04:25PM (#45920759)

This seems like an absurd rule in the context of a blockchain that allows spinning up new addresses for free, and sending transactions between them almost for free.

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Re:Bitcoin's big secret: How cryptocurrency became law enfor... by beeflet on Friday November 14, 2025 @01:56PM (#45930479)

So you just churn the outputs 10 times? You might as well have no protections at all

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