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$3.6B Bitcoin seizure shows how hard it is to launder cryptocurrency
- sudosysgen 5y agoWell, no, not really. Sure they used many techniques, but because they branched their laundering, actually only one technique got defeated, which was to tumble the money through AlphaBay. And then, coincidentally, AlphaBay got owned and their servers were seized, and it doesn't seem that those coins were sent through any privacy coin, which is then very easy for the authorities to track, as anyone would have told you.
- birdyrooster 5y agoI thought a ton of their coin (hundreds of millions USD) is still hidden because they mixed it well. But of course it’s hard to launder something that you can’t use to buy anything other than more traceable coins.
- frontman1988 5y agoLaundering 3.6 billion worth of any currency is hard af.