This is the story of the revelation in late 2013 that Bitcoin was, in fact, the opposite of untraceable—that its blockchain would actually allow researchers, tech companies, and law enforcement to trace and identify users with even more transparency than the existing system. That discovery would upend the world of cybercrime. Bitcoin tracing would, over the next few years, solve the mystery of the theft of a half-billion dollar stash of bitcoins from the world’s first crypto exchange, help enable the biggest dark-web drug market takedown in history, lead to the arrest of hundreds of pedophiles around the world in the bust of the dark web’s largest child sexual abuse video site, and result in the first-, second-, and third-biggest law enforcement monetary seizures in the history of the US Justice Department.
More here – Pocket Worthy
