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RE: Apparently some person was arrested in Greece for "laundering" $4 billion in BTC, accused by the USA
Its so ironic how the people who are running these exchanges are so ignorant of how the actual technology works. If they had any common sense they would have diverted that BTC into untraceable altcoins like Monero in order to wash it properly. Straight BTC thru his personal wallet... like some kind of amateur :-D https://steemit.com/bitcoin/@hotsauceislethal/bitcoin-price-forecast-7-26-2017
He should have just operated in a country that doesn't have an extradition treaty with the countries where people were effected.
I mean, if you are moving 4 billion dollars, I think you could afford to set up a business in some backwater of Africa.
I wouldn't assume any virtual currencies are untraceable.
Criminals are not the brightest bunch. I mean look at the alleged hacker who pretty much confessed to stealing millions during an unrelated investigation.
Right, not talking to the po po is a no brainer lol