Bitcoin Is Actually Traceable, Pipeline Investigation Shows [The New York Times]
Costco Wholesale Corporation (COST)
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Source: The New York Times
Technology|Pipeline Investigation Upends Idea That Bitcoin Is Untraceablehttps://www.nytimes.com//06/09/technology/bitcoin-untraceable-pipeline-ransomware.htmlmentContinue reading the main storySupported byThe F.B.I.’s recovery of Bitcoins paid in the Colonial Pipeline ransomware attack showed cryptocurrencies are not as hard to track as it might seem.Gas lines at Costco in Greensboro, N.C., last month during the shutdown of the Colonial Pipeline from a ransomware attack.Credit...Woody Marshall/News & Record, via Associated PressByNicole PerlrothErin GriffithKatie BennerJune 9, ,3:54 p.m. ETWhenBitcoin burst onto the sceneCriminals, often operating in hidden reaches of the internet, flocked to Bitcoin to do illicit business without revealing their names or locations. The digital currency quickly became as popular with drug dealers and tax evaders as it was with contrarian libertarians.But this week’s revelation thatfederal officials had recovered most of the Bitcoin ransomOn Monday, t
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