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by loceng 2768 days ago
There's no trail (or not an easy trail of evidence) to know for sure where cash payments went from and to, whereas blockchain provides that trail - you just need to figure out who owns or has claimed to own the wallet etc; having that as a resource would make conviction much easier, and magnitudes easier to find people involved. I don't know how pleading ignorance would hold up depending on the role you played in any illegal activities.
1 comments

Isn't traceability a positive aspect for cryptocurrency in this case? You've got nothing to worry about if you're an honest investor, and frankly, this is one of the benefits of a pseudoanonymous crypto.
> Isn't traceability a positive aspect for cryptocurrency in this case?

Not if you have to hire a lawyer to show the Bitcoins which left a violent criminal’s wallet were transferred to you legitimately.

I don't see this ever being an issue, frankly.
For law enforcement, definitely