Bitcoins - fad or trend?

Discussion of all things crypto and blockchain.

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Bucketeer
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Re: Bitcoins - fad or trend?

Postby Bucketeer » Fri Feb 14, 2020

Buy Bitcoin. It might be legal or illegal, but it is digital gold. $1000 to $10000 in 2 years? Don't be stupid.

Gentlemen prefer Engelhard.

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tdtwedt
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Re: Bitcoins - fad or trend?

Postby tdtwedt » Fri Feb 14, 2020

DOJ: Ohio Man Ran $300 Million Bitcoin Money Laundering Scheme

ZDNet reports that Larry Harmon, 36, of Akron, Ohio, has been accused of operating a website on the dark web called “Helix” which acted as a “Bitcoin mixer” service, disguising the origin of users’ Bitcoin transactions to make them untraceable. Because the Bitcoin blockchain is a public database, transactions on it can often be linked back to the buyer’s credit card, bank account, or PayPal, Helix sought to prevent that.

Helix acted as a service that would take funds from a user, split it into smaller amounts and then reassemble the funds at a new Bitcoin address via thousands of small transactions. This is done in an attempt to mask the origin of the first transaction.


https://www.breitbart.com/tech/2020/02/ ... ng-scheme/
There are more ways than one to skin a cat.

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texmex66
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Re: Bitcoins - fad or trend?

Postby texmex66 » Tue Feb 18, 2020

Interesting

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