Is bitcoin untraceable?

What do you really get for your bitcoins?

Bitcoin fanboys: “Bitcoin is untraceable , unhackable, non-repudiatable, anonymous, private, secure, encrypted”.

FBI: yeah, right!

If the fbi can hack this well then clearly there are “ways and means”

What’s the best way to get all the criminals in one place to track and arrest ? Give them a payment system that they think is totally “dark”. Enormous win.

It’s called a honeypot!

https://news-sky-com.cdn.ampproject.org/c/s/news.sky.com/story/amp/millions-of-dollars-in-bitcoin-ransom-seized-from-colonial-pipeline-hackers-12327363

Millions of dollars in Bitcoin paid to hackers after the Colonial Pipeline cyber attack have been recovered by the US government.

The attack prompted the shutdown of the east coast fuel pipeline last month and a $4.4m (£3.1m) payment was made to Russia-based DarkSide attackers.

Officials confirmed on Monday that 63.7 bitcoins, valued at approximately $2.3m (£1.62m), had now been recovered.

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