Vastaamo hacker traced via ‘untraceable’ Monero transactions, police says

MigratingtoLemmy , 5 months ago

Could someone explain to me how he got caught?

BrikoX OP , 5 months ago

Apparently, by being stupid. See https://lemmy.zip/comment/6851063

shortwavesurfer , 5 months ago

Disinformation alert. This person was dumb enough to have Bitcoin trade it for Monero and then trade it back to Bitcoin and send it to a centralized exchange. Monero itself was not traced. The amounts into and out of Bitcoin were traced, and then the person was dumb enough to send it to a centralized exchange to cash out. Stupid fuck.

noride , 5 months ago

It sounds like they went BTC -> Monero -> BTC. It's not outlined explicitly in the article, but I am guessing it's the on/off ramping that got him popped.

MrCookieRespect , 5 months ago

I mean *untraceable" things are more often than not honeypots...

tusker , 5 months ago

Audited open source honeypot, good one. 🎪🤡