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You just need to swap them for monero and then monero for litecoin or bitcoin again. Now you have anonymous, untraceable coins.
by sampl3username 1y ago
You just need to swap them for monero and then monero for litecoin or bitcoin again. Now you have anonymous, untraceable coins.
- onlyrealcuzzo 1y agoI doubt there's enough liquidity to swap that kind of money...
- drexlspivey 1y agoMonero daily volume is like $50m lol
- cedws 1y agoNot quite that simple, that’s vulnerable to an Eve-Alice-Eve attack. If $1B in BTC moves around in short succession the TXs can be linked easily. You need a mixer that splits up the amount to be paid out, and even then it needs to be done piecemeal.
- dzhiurgis 1y agoDo all outputs from exchange are automatically trusted? Seems like any should be tainted forever. Or is it impossible to tell whats from mixer?
- cedws 1y agoThere are companies (Chainalysis) that track blockchains and ‘grade’ wallets according to who they’ve transacted with. If enough of a wallet’s funds are from a mixer it may be scored a grade lower than the exchange’s KYC rules allow to do business with.
- udev4096 1y agoSomeone actually did that, a few months ago. 320M in BTC was converted to monero and the price of monero increased by 50% [0] [0] - https://slashdot.org/story/25/04/28/198238/monero-likely-pumped-50-due-to-suspected-330-million-bitcoin-theft https://slashdot.org/story/25/04/28/198238/monero-likely-pum...