zlacker

He was just a million-dollar hacker, but the power of HODL boosted his illicit fortune to the billion-dollar range.

>>zozbot+(OP)
reading a bit about him and the hack (which at some point was for example blamed on those Israeli brothers with connections to IDF hacking unit) i kind of not sure that he is the hacker ( and note that he is charged with laundering not hacking) - he in my view better fits the profile of the "investor"/"fencer" whose involvement would be to launder.

Sidenote: one of the reasons i don't touch crypto is possible laundering charge/suspicion if the tokens happens to had passed through unsavory hands/situation (which may be even unknown at the time) or God forbid 2-3 transactions after me the tokens get involved in terrorism/etc. - imagine as a minimum for example the "FBI background check" hell your GC/etc. will be stuck forever ...

>>trhway+wg
> Sidenote: one of the reasons i don't touch crypto is possible laundering charge/suspicion if the tokens happens to had passed through unsavory hands/situation

A page recently posted here ([1], citing [2]) claimed that there's a market for freshly mined Bitcoin (i.e. with no history), with people paying as much as 20% markup for it to avoid such risks.

I didn't make any attempt to verify this claim.

[1] https://sethforprivacy.com/posts/fungibility-graveyard/

[2] https://news.bitcoin.com/industry-execs-freshly-minted-virgi...

>>CrazyS+Un
It still doesn't protect from possible future tainting of those tokens and thus suspicion of your participation. It may be even more suspicious as you would be the one who bought clean coins supposedly in order to minimize attention to whatever future crime the tokens may be involved.

>>trhway+lp
or actually it is money launderers looking for tokens with no previous history they can use to evade some % of future scrutiny

>>CrazyS+Un
So you get 1.2 btc from unknown origin for 1 fresh btc. looks like the simplest laundering scheme.

>>zozbot+(OP)
His theoretical fortune, on paper. Even if the coins were legit you can't just cash out those kinds of amounts.