Update: US government easily tracking your crytocurrency transactions (thanks Coinbase!)

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ICYMI.

Coinbase sells to the U.S. Immigration and Customs Enforcement a range of features that allow the agency’s Homeland Security Investigations division to track and identify crypto users.

  • In August 2021, Coinbase sold a single analytics program license to ICE for $ 29,000.
  • followed by a software purchase potentially worth $ 1.36 million next month

A new contract document obtained … shows that ICE now has access to various forensic functions provided by Coinbase Tracer, the company’s intelligence collection tool (formerly known as Coinbase Analytics).

  • Coinbase Tracer allows customers, both in government and in the private sector, to track transactions through the blockchain

  • Tracker (has the) … ability to “investigate illegal activities including money laundering and terrorist financing” and “connect [cryptocurrency] addresses to real entities. “

Source (with much more)

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This is why I insist on suitcases full of cash for my (cough) completely legal activities.

Like this guy: Prince Charles reportedly accepted a suitcase with $ 1.52 million in cash from a controversial Qatari politician

BTC update:

btc diagram 01 July 2022

Source

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