3 ms·

Wow. $4mil just like that.

• person_of_color 6y ago
  We are in the wrong business
• k2enemy 6y ago
  But now you have $4 million in a bitcoin address linked to criminal activity. Then what? How much do you lose along the way to having laundered cash in hand?
  • ivalm 6y ago
    Aren’t there mixer services for that or just convert to monero? This is off an exchange so lots of shenanigans to make things less traceable. I am guessing these people know what they are doing.
    • runawaybottle 6y ago
      I’d imagine the feds are involved at this point. They paid to get their data, but the feds have to be tracking the addresses from this juncture and examining the breach. I hope.
      • ivalm 6y ago
        I hope the hackers are caught too. But from bitcoin perspective, I am not sure how traceable things are if the hackers use mixing services or convert to actually anonymous currency such as monero. The main problem is converting untraceable bitcoin back to fiat, since most exchanges now follow KYC and will track bitcoin both before and after it touches the exchange.
        • peteretep 6y ago
          > The main problem is converting untraceable bitcoin back to fiat Got to imagine there’s a well-established laundering system for just that