5 ms·
The creator of North Korean hackers’ new favorite crypto privacy service
- deleted 4y ago[deleted]
- neonate 4y agohttps://archive.ph/yS8Ng https://archive.ph/yS8Ng
- zoklet-enjoyer 4y agoGood for him
- latchkey 4y agoSitting behind cloudflare. That won't last long. https://bitcointalk.org/index.php?topic=5416985.0 https://bitcointalk.org/index.php?topic=5416985.0
- from 4y ago(Assuming these people aren't idiots). You don't know if they have any kind of reverse proxy setup beyond that. Even if they seize whatever server has the IP that Cloudflare is proxying they might just find an nginx server that's only a reverse proxy. If they alternate servers periodically and locate them in non-cooperative jurisdictions then they can prevent the government from finding anything useful. If they get kicked off Cloudflare they'll just go to DDOS-Guard. WHOIS data will probably lead them to njal.la, a person that does not exist, or some other domain nominee service. Nice right?
- flangola7 4y agoCould also be a clearweb proxy to an onion site.
- paulpauper 4y agoCoudflare is well known to tolerate even criminal activity unless they get a cease and desist order, and even then may not take action unless they get enough complaints or it's bad enough. This is why all the Russians scammers use Cloudflare when running youtube crypto scams. Same for hosting copyrighted stuff. There are countless complaints of copyright holders struggling to get Cloudflare to take action.
- latchkey 4y agoI'd say that a Wired article on NK laundering money will garner some fast attention. Virgil Griffith is in jail for 63 months for arguably less of an offense.
- _3gfy 4y agoFor arguably no offense at all, simply pissed off the US government.
- aaomidi 4y agoThis is why I like cloudflare. They’re not reactionary and have left a lot of the web safe where it would otherwise be dead.
- JetSpiegel 4y agoDo you expect the NSA to care about copyright, or crime? National Security is at stake!
- dfghjkhuytgfrde 4y agothis is clearly a honeypot. and this article is clearly a brigth ligth they added to attract more flies
- ursuscamp 4y agoI believe you are correct.
- TechBro8615 4y agoGreetings, fellow money launderers!
- wolongong942 4y agoYeah what a weird article. I've been pretty interested in Crypto & privacy for years and have never heard of this service.
- yunohn 4y ago> say, a retail store that wants to accept cryptocurrency payments without revealing its revenue to a competitor But has anyone actually done this?? This is like a “both sides” debate - where the theoretical usecases side has literally /never/ actually shown it’s possible IRL.
- nwiswell 4y agoIt's also trivially defeated by the kind of financial centralization that would necessarily follow in this kind of mass-adoption scenario: the payment processor (BitPay, Visa, MasterCard, whatever) can have a pool of Bitcoin transaction addresses that they use across all clients, and then commingle and convert client funds to USD (or whatever desired currency) before privately remitting the USD. The payment processor itself would have perfect visibility into the revenue of the merchant, but that's already true today.
- ursuscamp 4y agoLots of people in the bitcoin community regularly mix their coins out of principal.
- babyshake 4y agoThe big problem is that people have a fundamental right to financial privacy from the public, but not (in many places) a right to financial privacy from their government. But, in the crypto world it has been difficult to achieve the first without the second. You can send funds to an exchange and then send them to a different wallet but there's the risk the exchange won't let you withdraw funds, and this type of activity is flagged as an AML risk and could be cited as actual evidence of money laundering, despite it having a very clear legal motivation behind it.
- Scoundreller 4y agoNot even just from the public, but imagine if making a payment to someone for $whatever, and that allowed that recipient to see whomever else you paid money to, and who paid you. Lots of people would say "no thanks" to that.
- paulpauper 4y ago"we don't keep logs" That is what they all say. And then when they get raided, lo and behold logs appear. I would take this with a huge grain of salt.
- _3gfy 4y ago[dead]