zlacker

>>mikeyo+(OP)
I ask this every so often during threads regarding stolen cryptocurrency:

Is there any solution yet to preventing stolen cryptocurrency funds from being spent? Isn't the only solution to have a central database and require laws to require every transaction to be pre-checked to see if it's stolen funds or not?

And not only that, the centralized system will have to be constantly keeping track of wallet mixing to see where funds are being redirected to, attempted to being washed to?

>>loceng+E6
what do you think about tornado.cash? It's apparently a very effective mixer. I wonder what law enforcement can do if someone ends up using tornado_cash.

There is absolutely no way of knowing if the money is good or bad. If you consider every mixed_cash as bad, you would be forced to assume that the entire cryptocurrency is bad bec of how the money flows.

>>Alexan+bf
> If you consider every mixed_cash as bad, you would be forced to assume that the entire cryptocurrency is bad bec of how the money flows.

That's exactly what's happening, according to this page that was on the HN front page a few days ago: https://news.ycombinator.com/item?id=30224637

>>Mauran+9o
Thanks for the link.

Millions of innocent people use cryptocurrencies. Even if you assume a currency is bad, its impractical to think that millions of people are bad.