openhandcrimp

4 ms·

1. 1.▲
   by openhandcrimp 5y ago

   I was thinking that there are probably thresholds that trigger alarms when large amounts of crypto are converted to fiat. If crypto is coming from a clean address, there is not evidence of illegal activity. But there is still the question o
2. 2.▲
   by openhandcrimp 5y ago

   An excellent overview of how the crypto ecosystem glues together. Also a shame that understanding and explaining how these technologies can be (and probably are!) used together leads to accusations of criminal past or intentions.
3. 3.▲
   by openhandcrimp 5y ago

   Good points! Thorchain (a non-custodial service) claims 1.9B total swap volume. So, while not viable today for billions of dollars, the Bitcoin -> Thorchain -> Tornado Cash pathway seems to be viable for smaller amounts. Which doesn&#
4. 4.▲
   by openhandcrimp 5y ago

   Good point!
5. 5.▲
   by openhandcrimp 5y ago

   I don't understand why you are being so aggressive. This is a post about news on laundering crypto. I am aware of a technology that seems to cater to that use case.
6. 6.▲
   by openhandcrimp 5y ago

   I am personally not, but don't you think that use case is obvious?
7. 7.▲
   by openhandcrimp 5y ago

   It seems that Tornado Cash ( https://tornado.cash/ ) could have been used to launder the funds. I wonder if: - Laundering happened before Tornado Cash existed, so Tornado Cash was not used - They used something like Tornado C