[Zenul_Abidin]

Then what's stopping the criminals from going back to good ol' wire fraud like in the 90s and 2000s?

PS. All of the smart ransomware groups are not demanding payments with Bitcoin anymore, they are using another cryptocurrency called Monero. It turns out that Bitcoin is actually traceable by governments via its public ledger, but Monero is a private currency that can't be traced, hence why the IRS posted bounties some time back to encourage people to break Monero's obfuscation.

The only gangs that are still demanding Bitcoin are the less-educated and savvy ones.

[tasuki]

Can't they receive the money in Bitcoin and then run it through Monero to "clean" it?

[literallycancer]

Monero can be de-anonymized relatively easily.

[DaSHacka]

source?