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Alleged $366M Bitcoin mixer busted after analysis of 10 years of blockchain data

Published 04/28/2021, 10:27 PM
Updated 04/29/2021, 12:00 AM
Alleged $366M Bitcoin mixer busted after analysis of 10 years of blockchain data
BTC/USD
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U.S. authorities have arrested the alleged mastermind behind a multi-million darknet-based BTC mixing service, Bitcoin Fog, after analyzing 10 years of blockchain data.

Authorities have issued a chilling warning to other users of illegal blockchain services: Anything you do today may come back to haunt you as “this activity is on this ledger forever” and ever-more sophisticated analytics technology can track down crimes committed years earlier.

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