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why does the article say it would be difficult to liquidate those tokens instead of just posting the address so we can see what they did? I think this is a sym
by yieldcrv 8mo ago
why does the article say it would be difficult to liquidate those tokens instead of just posting the address so we can see what they did?
I think this is a symptom of general ignorance and decade-plus-long aversion to understand crypto. Its a choice and it works extremely well for the person that now has custody.
okay lets narrow it down, it mentions the token name - approximately 4 million Pre-Retogeum, or PRTG - so we can just look up that token on the network its deployed on, and look for large recent transactions
Edit: I’m looking at this address now, based on receiving the 4,000,000 tokens 1,000+ days and sending them out 2 days ago
https://etherscan.io/address/0x8efa52827c229c434fe9c915b2d99841aa3e114d#tokentxns https://etherscan.io/address/0x8efa52827c229c434fe9c915b2d99...
- kulahan 8mo agoI'm asking because I genuinely am ignorant. Can't you just put all the tokens into a mixer, create a new account, send them to that account, and then you're completely invisible from there on out? Or even make a bunch of new accounts? Put $10k in each or something like that?
- yieldcrv 8mo agoMixer needs other people using the mixer with that asset, so no mixer available for tokens But you can send the tokens to a virgin address, which is not what happened here, and sell them on decentralized exchanges where there is liquidity. Most popular one is uniswap, all tokens have liquidity there, usually the projects set up the liquidity pool on launch. Virgin address can then do what it needs to do to launder the proceeds after sale. But people tend to just go to a centralized exchange from there. My go to would be swapping to Monero. It’s more foolproof. But Tornado Cash is off of the OFAC list again, so you can just use that.