Founders And CEO Of Cryptocurrency Mixing Service Arrested And Charged With Money Laundering And Unlicensed Money Transmitting Offenses
Founders And CEO Of Cryptocurrency Mixing Service Arrested And Charged With Money Laundering And Unlicensed Money Transmitting Offenses
Founders And CEO Of Cryptocurrency Mixing Service Arrested And Charged With Money Laundering And Unlicensed Money Transmitting Offenses
This is where I'm supposed to write "this is good news for Bitcoin," right?
Nah, these stories are good for Monero
And Tornado, and Aztec, and all the other similar private exchange mechanisms.
There's his problem right there, he tried making a business out of this. Paints a big target on someone arrestable and probably means it's not as secure as it could be. The privacy features in stuff like Aztec or Monero are just part of the cryptocurrency's infrastructure, not a separate "service," so there's not much that can be targeted for those.