The Wall Street JournalThe US cracked a $3.4 billion crypto heist—and bitcoin’s anonymity
The WSJ describes how U.S. authorities are using new software to identify criminals through cryptocurrency deals. That's enabling them to make arrests and recover assets worth billions of dollars.
Curated by informedJames Zhong appeared to have pulled off the perfect crime.
In December 2012, he stumbled upon a software bug while withdrawing money from his account on Silk Road, an online marketplace used to hide criminal dealings behind the seemingly bulletproof anonymity of blockchain transactions and the dark web. Mr. Zhong, a 22-year-old University of Georgia computer-science student at the time, used the site to buy cocaine.
The news, curated.
Already subscribed? Sign in
Get world-class journalism from premium publishers, curated by editors and experts. All in one app.
Subscribe now and get 14 days free.
