Norway arrests 28, claims to trace Monero Transactions

@nemesis
from my understanding, monero with proper practices cant, but as mentioned by jeffro there's still things like EAE attacks and whatnot, the whole "Breaking Monero" series on youtube goes very indepth into all these attack vectors:
https://inv.nadeko.net/playlist?list=PLsSYUeVwrHBnAUre2G_LYDsdo-tD0ov-y
(EAE attack is episode 9 of it)
idk much about all that tbh, and i just hate the whole "its cause you using it wrong" design type thing, like what, users gotta learn to churn their thing, single use addresses type of things.... such a headache...
so that's also why FCMP++ is so important, protocol improvments on monero been years behind, that's what would be able to catch it up on alot of the technical debt
that reddit thread goes into the history of all the work that has been done but abandoned which lead to alot of time losses and technical debts:
https://redlib.catsarch.com/r/Monero/comments/1j745kf/more_vitamins_for_monero_with_carrot_part_2/
part one:
https://redlib.catsarch.com/r/Monero/comments/1iph8fz/more_vitamins_for_monero_with_carrot_part_1/
since C.A.R.R.O.T will also be shipped alongside FCMP++, usually when saying just "FCMP++" it also includes it as well, but i guess like saying "linux" instead of "gnu/linux", some people might feel left off on that but still, important work for both of these lol

for bitcoin however, it's that article from back in 2019/2020 that opened my eyes on the traceability even when doing the whole mixing, using exchanges, using THOUSANDS of different addresses and so on, actual craziness:
https://www.chainalysis.com/blog/plustoken-scam-bitcoin-price/

The flow of the 45,000 stolen Bitcoin is more complicated. So far, roughly 25,000 of it has been cashed out. The other 20,000 is currently spread out across more than 8,700 cryptocurrency addresses, which speaks to the high level of effort the scammers put into obfuscating the movement of funds. The scammers have transferred the Bitcoin more than 24,000 times, using more than 71,000 different addresses — and that’s not even counting cash outs or transfers to off-ramps such as exchanges.

Many of those transactions were conducted through mixers like Wasabi Wallet, which utilizes the CoinJoin protocol to make it more difficult to trace the path of funds. You can see an example in the Chainalysis Reactor graph below.

At other points, the scammers utilized peel chains and other complex movements to obfuscate the path of funds. Peel chains are strings of transactions commonly used for money laundering, in which entities send funds through several wallets in quick succession, usually breaking off small amounts to cash out at each step and sending the majority on to the next wallet.

The graph above is a great example of the PlusToken scammers’ obfuscation attempts. The funds start in the wallet in the upper left hand corner, and move to the right. Diagonal movements represent a change in address type, while vertical movements represent the use of a mixer.

like, that was 2019/2020 they were already doing that, shit's crazy for bitcoin lol

@xenu
Oh ok, got what ya mean now. That's pretty much what I meant by it being an opsec issue not a xmr issue and that humans are always the weakest link.

@SpinningCat

monero with proper practices cant

This is what i was getting at and what I meant by it being an opsec issue. So any implication or outright claim that they traced a xmr tx in and of itself is clearly bs. Obviously, if they actually do investigative work, yea pieces can be put together. But again, its not a xmr issue. Its a human issue