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by beeflet 391 days ago
>There's a ledger, right?

There is tech for private transactions, but the cryptography is more complex. It's used in cryptocurrencies like zcash or monero. You can also trade between different cryptocurrencies without trusting an intermediary, using "atomic swaps". So if you seize cryptocurrency you think will be tainted, you have a small window to swap it for private (and thus fungible) currency.

https://cointelegraph.com/news/zachxbt-330m-btc-heist-xmr-su...

This business is booming!