Osforensics Founder Explains His Bitcoin Transaction Monitoring Tools

Blockchain surveillance is slowly becoming the norm as cryptocurrencies become a more popularized technology. These days there are many startups and private investigators dedicated to helping global law enforcement and private businesses track bitcoin transactions. Read More Here: https://news.bitcoin.com/osforensics-founder-explains-his-bitcoin-transaction-monitoring-tool/


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[4 Points] None:

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[1 Points] mejuwi1:

BC: How useful is your tool or Blockchain surveillance if a bitcoin user utilizes a tumbler or mixing platform?

RA: We’ve seen all kinds of tricks to displace wallets and transactions into ‘Neverland’, from different currencies to mixing services to hide wallets. We see wallets that offer a new wallet address for every transaction so they can keep the master wallet secret. At the end of the day, you are going to cash out or move your funds. The wallet software will now take all the coins you own and add them up to send out a TX, and those hidden wallets that you created will show up as INPUTS. Now we see your collection of wallets that you believed were secret.

Im sure tumbled coins do not show the original addresses as INPUTS, someone clarify what this guy is on about?


[1 Points] whatisopsec:

Useless bullshit bitcoin transactions can be received and sent entirely through TOR for cash good luck catching anyone


[1 Points] theycallmekenny:

From a security standpoint, it is actually a good thing this guy is partially exposing these methods. It would be much better that this guy, apparently without a gag order surprisingly enough, be out there talking about it, rather than some 3-letter agency developing and using his methods without a peep.