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> 10 Bitcoin were transferred and then cashed out anonymously a few days later. Genuinely interested how the coins were cashed out anonymously. Pretty much all
by mihaifm 6y ago
> 10 Bitcoin were transferred and then cashed out anonymously a few days later.
Genuinely interested how the coins were cashed out anonymously. Pretty much all exchanges require KYC these days, and Bitcoin addresses can be tracked and blacklisted if the right processes are put in place, in theory at least.
- hayd 6y agoThat probably just means it was moved to another BTC address.
- lawrenceong 6y agohi @mihaifm -- it could simply be a wallet address that one can forward the coins to I believe?
- DocTomoe 6y agoYou use them to buy stuff on the darknet and resell. Classic money laundering.
- throwawayffffas 6y agoThere are shady services that will convert bitcoin to monero with no questions asked.
- theonlyklas 6y agoIt could have taken time for the BTC from his wallet to be marked as tainted. Once that happens, the person who buys the 10BTC is bag holding. I wonder what happens if it's an exchange holding tainted BTC, though. Will it be excluded from the supply indefinitely?