Wallet/address to owner is potentially traceable when you sell coins for cash, as that money has to go to a real account somewhere. I think that's the point the

Wallet/address to owner is potentially traceable when you sell coins for cash, as that money has to go to a real account somewhere. I think that's the point the author is making when he says none of the stolen coins have been spent yet. I'm wondering though, if there's anyone watching these stolen coins to see when they change hands. It seems like it would be fairly simple to flag certain addresses as "in possession of stolen goods" and ban them from trades on major hubs.