The DOJ’s $3.6B Bitcoin Seizure Shows How Hard It Is to Launder Crypto

submitted by Drewski from wired.com

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[–][deleted] 5 insightful - 2 fun5 insightful - 1 fun6 insightful - 2 fun -  (1 child)

It’s all tracked.

Crypto is more easily surveilled than cash. It has a 100% working all the time ledger. Every time crypto was used, who it came from and who it went to, it’s all public and tracked.

[–][deleted] 5 insightful - 3 fun5 insightful - 2 fun6 insightful - 3 fun -  (0 children)

This is only true about surveillance coins, such as well... most of them. But there are privacy coins such as Monero, PirateChain and others that are untraceable, fungible and private.