Quote from: CryptoBry on May 09, 2019, 01:54:14 AM

Quote from: Decimation on May 08, 2019, 09:35:07 PM

It appears that the BTC from the Binance hack is now being moved around to new addresses. The transactions are continuing to be sent out in smaller and smaller amounts, from one account to the next. Amy castor, a block-chain analyst, answers why the BTC is being moved so quickly with such a high rate of activity:

Money laundering 101: breaking the transactions up into smaller and smaller amounts making them more and more difficult to track

It is amazing that with the modern technology we have, people can be able to see and watch the movement of the stolen cryptocurrency but there is nothing we can do about. The technology we are employing is helpless in stopping the said movement...this is one thing I realized that no matter how advanced we are essentially we are still limited and sometimes powerless. This is akin to watching people being murdered while your hands and feet are tied. Such is the irony of a society relying so much in technology.

We want to be anonymous and use confidentiality when using cryptocurrency. These are the consequences of such opportunities. However, with a strong desire and abilities of the police, if you watch such movements of stolen bitcoins for a long time, in the end it is quite possible to reach real criminals. Sooner or later they will make mistakes and reveal themselves. The police just need to do their job conscientiously.