[HN Gopher] US Department of Justice creates cryptocurrency enfo...
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       US Department of Justice creates cryptocurrency enforcement unit
        
       Author : haswell
       Score  : 14 points
       Date   : 2021-10-07 20:32 UTC (2 hours ago)
        
 (HTM) web link (www.theverge.com)
 (TXT) w3m dump (www.theverge.com)
        
       | motioncuty wrote:
       | What's fun about crypto is that as soon as criminals try to move
       | their wealth into these digital assets, they start creating a
       | long lasting auditable trail of bread comes for investigators and
       | prosecuters. These systems are up for running complex data
       | analysis on, with the false promises of tax evasion and
       | anonymity, these networks will act as a honey pot. If I can I'll
       | try to find a report written by a former head of a federal law
       | enforcement department (I think CIA) that goes deeper into it.
        
         | draygonia wrote:
         | The breadcrumb trail ends when the funds are exchanged for a
         | privacy coin like Monero.
        
           | scsilver wrote:
           | Still cheaper than traditionally tracking down money
           | laundering. And most people would make a mistake or two over
           | a criminal career.
        
           | scrubs wrote:
           | Whoops. Somebody was caught in Monero too.
        
         | GaryTang wrote:
         | Is this not a strength of crypto?
        
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       (page generated 2021-10-07 23:02 UTC)