3 ms·
Could be blockchain analysis. Block accounts that receive bitcoin from known seized funds, like a Silk Road wallet. Basically just the opposite of tactics compa
by griffinmb 11y ago
Could be blockchain analysis. Block accounts that receive bitcoin from known seized funds, like a Silk Road wallet. Basically just the opposite of tactics companies like Coinbase employ.
- ianhawes 11y agoThats what my bet is on. LE agencies have contractors that procure bulk quantities of prepaid phones, prepaid credit cards, etc.. for undercover investigations. I suppose its possible they traced the BTC from a funded wallet they knew was government related.
- meowface 11y agoIf they had prepaid credit cards, why wouldn't they just buy some Bitcoin from Coinbase with it? That wouldn't be traced back to them (unless another law enforcement agency was investigating... or if the fraudsters compromised Coinbase).
- meowface 11y agoI feel like they'd at least be smart enough to use a tumbler if they were pulling it from known seized funds. They could also just give the investigator a $300 prepaid debit card card and have him buy some BTC on Coinbase.