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Then they know he's still alive but not his new identity? Would a "grey" crypto market refuse to trade (some) of the coins into another less traceable crypto?

swiley 6y ago
It still leaves a trail that could be subpoenaed.
- chefkoch 6y ago
  How would that bother you? Could they trace you with that information? I don't know about that to be sure. If you operate a grey crypto market your already with one foot in a US jail.
  - swiley 6y ago
    Is trading on IRC illegal? Everyone used to do that and I wouldn't call that "grey." If they truly are interested in finding him it's straightforward and within their power, just a bit tedious.
    - chefkoch 6y ago
      I thought there we're markets that are only accessible through vpns or on the darknet.
      - swiley 6y ago
        Anything you can get to via a normal VPN isn't secret, those just help you get around local firewalls. As for exchanges on TOR: maybe? I haven't heard of any and IRC was rough and expensive enough. Exchanging bitcoin on TOR sounds like a great way to loose all of it.
JumpCrisscross 6y ago
> Would a "grey" crypto market refuse to trade (some) of the coins into another less traceable crypto? No, but every wallet it touched would be flagged by AML software, making it ineligible for e.g. sale to an institution or deposit at Coinbase. That reduces its value, albeit not to zero.
- mpeg 6y ago
  This can't possibly be correct. You can send BTC to anyone without their consent. So you're saying that if he was to use a mixer to clean his bitcoins, the mixer would then interleave his transactions with other random ones and he would get clean crypto on a new wallet with no connection to his old one, but EVERY single transaction the mixer does with his coins would be tainted (?) so in effect it would give him his clean btc but screw the mixer's other customers What if he also spread 100btc among random active wallets of coinbase users, would coinbase ban thousands of users? take their "tainted" crypto?

swiley 6y ago

It still leaves a trail that could be subpoenaed.

chefkoch 6y ago
How would that bother you? Could they trace you with that information? I don't know about that to be sure. If you operate a grey crypto market your already with one foot in a US jail.
- swiley 6y ago
  Is trading on IRC illegal? Everyone used to do that and I wouldn't call that "grey." If they truly are interested in finding him it's straightforward and within their power, just a bit tedious.
  - chefkoch 6y ago
    I thought there we're markets that are only accessible through vpns or on the darknet.
    - swiley 6y ago
      Anything you can get to via a normal VPN isn't secret, those just help you get around local firewalls. As for exchanges on TOR: maybe? I haven't heard of any and IRC was rough and expensive enough. Exchanging bitcoin on TOR sounds like a great way to loose all of it.

JumpCrisscross 6y ago

> Would a "grey" crypto market refuse to trade (some) of the coins into another less traceable crypto? No, but every wallet it touched would be flagged by AML software, making it ineligible for e.g. sale to an institution or deposit at Coinbase. That reduces its value, albeit not to zero.

mpeg 6y ago
This can't possibly be correct. You can send BTC to anyone without their consent. So you're saying that if he was to use a mixer to clean his bitcoins, the mixer would then interleave his transactions with other random ones and he would get clean crypto on a new wallet with no connection to his old one, but EVERY single transaction the mixer does with his coins would be tainted (?) so in effect it would give him his clean btc but screw the mixer's other customers What if he also spread 100btc among random active wallets of coinbase users, would coinbase ban thousands of users? take their "tainted" crypto?