The Nov. 20 announcement covers a number of tools and methods that bring CipherTrace closer to being able to track Monero transactions—although not break the privacy of individual users, the firm stressed. CipherTrace said it has been working on those tools since early 2019, as part of a Department of Homeland Security project. The firm claims that the new developments have laid the groundwork for future tools “like entity transaction clustering, wallet identification, exchange attribution, and other functionality that will provide law enforcement with even more tools for investigating Monero transactions and addresses related to criminal activity.”
U.K. Bitcoin extortionist jailed for 14 years
Sheep farmer contaminated baby food with metal and demanded a $1.8M in bitcoin from U.K. retailer
A plot to extort money from supermarket chain Tesco by contaminating baby food with broken-up blades of a craft knife and iron filings was fueled by bitcoin and ended with a 14-year jail term.
DoJ launches law enforcement guide to crypto
The Department of Justice’s extensive report, ‘Cryptocurrency: An Enforcement Framework,’ singles out many of the challenges cryptocurrencies bring to law enforcement
U.S. Attorney General William Barr today released an 83-page report detailing the threats and challenges cryptocurrencies pose to law enforcement, and in some ways, it’s a doozy.
McAfee arrested, for real this time
John McAfee’s days of skating tax evasion charges by living on a yacht ended with his arrest in Spain; the SEC’s also suing him for shilling ICO’s
“Don’t want to pay taxes? Use Monero, use a distributed exchange, live a happy life.” So said crypto enthusiast, privacy coin advocate and semi-presidential candidate John MacAfee in an interview with Modern Consensus in February. It turns out he should have added, keep a low profile. Or at least lower than a tongue-in-cheek presidential campaign.