4 ms·
> behind as a means for illegal activities which are less than 1% of the yearly transaction volume according to Chainalysis lol
by ea550ff70a 4y ago
> behind as a means for illegal activities
which are less than 1% of the yearly transaction volume according to Chainalysis lol
- rvz 4y agoOn top of that you can trace all the transactions on the chain and see where everything is going publicly. Useful to catch criminals attempting to liquidate on to an exchange. Good luck cashing out and not getting caught.
- koonsolo 4y agoMonero fixed that a long time ago already.
- rvz 4y agoThat's right. Perhaps that's why proposed regulations are cracking down on banning and delisting Monero (and other privacy coins) on exchanges. [0] [1] [0] https://www.coindesk.com/policy/2022/03/31/eu-parliament-votes-on-privacy-busting-crypto-rules-industry-rails-against-proposals/ https://www.coindesk.com/policy/2022/03/31/eu-parliament-vot... [1] https://www.investing.com/news/cryptocurrency-news/kraken-to-delist-monero-for-uk-customers-by-the-end-of-november-2685869 https://www.investing.com/news/cryptocurrency-news/kraken-to...
- koonsolo 4y agoWould love to see them claim my Monero. Oh wait, I have no Monero, sorry about the confusion.
- thehappypm 4y agoRight, because criminals are so easy to analyze
- ea550ff70a 4y agoNot as easy as googling for a restaurant, but definitely doable with the right tools.