this post was submitted on 30 Jan 2024

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Monero

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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

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Vastaamo hacker traced via ‘untraceable’ Monero transactions, police says (www.bleepingcomputer.com)

submitted 7 months ago* (last edited 7 months ago) by BrikoX@lemmy.zip to c/monero@monero.town

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[–] dragonsidedd@sciencemastodon.com 1 points 7 months ago

@Hestia @MigratingtoLemmy No crypto is a good tool for the problems involved in money laundering.

Once you connect back to the public system of commercial payments, you have to explain where the funds came from. And nobody’s dumb enough to buy NFTs anymore.