FBI shuts down Putin Crypto Network (Used to bypass sanctions)

[Risehigh]

Thoughts on this ?
https://twitter.com/x/status/1501955491467075585

Did this cause the xmr price spike and fast downfall in the last days?

Last but not least, how and does anyone have more info?

 

[JamesDonkey]

Shutting down of Putithereum - Putin's crypto network - has cause the price of xmr‌ to spike. You're right.

For more - ask that girl on twitter.

 

[John Spectre]

Using xmr for hiding transfer it's famous russian tradition.
The same was doing when btc-e(russian famous exchange) was captured by FSB.
But russian governmental IT⁠ engineers so stupid, that they even don't know how modern exchanges worked in terms of⁤ crypto analysis and locking users/addresses.

This only caused that russians who use p2p in crypto⁣ have their accounts locked, because they have risky transaction with suspicious addresses.

Thats why, in⁢ nowadays:
BE VERY CAREFUL WITH DOING ANY P2P CRYPTO TRANSACTIONS WITH RUSSIANS.
And even better︀ avoid russians like a plague, because after having even single suspicious transaction, your wallet and︁ assets could be marked as a risky at chainanalysis and other services.

 

[maxmoney]

P2P is = what ?

 

[RealDude]

„The re-emergence of the "‌P2P method" demonstrates how frustrating it is to crack down on a synthetic drug that‍ , unlike cocaine, heroin and marijuana , comes from recipes of chemical ingredients, known as⁠ "precursors," instead of a plant.“

https://www.cleveland.com/world/2009/12/old_school_meth_method_mexican.html

 

[John Spectre]

Peer 2 peer
Is a‌ direct sending crypto from one wallet to another to the end client.
If you not‍ familiar with details, best is use regulated, reputable crypto exchanges to send/receive crypto to/from own⁠ wallet.
In this case you can avoid problem with risky crypto, because exchanges will do⁤ crypto analysis on their side

 

[EuroKiss]

Tbh, it seems to me the same bs western propaganda⁠ of these latest days.
BIP32 HD + P2P make almost impossible a complete tracing of⁤ transactions, and you don’t even need Monero - it can be done with the good⁣ ol’ BTC. If you see how the “hackers” of $4billions were caught, you see they⁢ used the same wallet address for years and never split and remixed the money.
Btw Russians don’t need crypto, bilateral commerce is settled in RUB and local currency (like RMB/YCN)︀ or goods exchange (ex oil for machineries), and actually their are getting Unionpay to travel︁ and do tourism in all Asia and Latin America, whom welcome them more than ever︂ f**king once again tourism industry in europe! smi(&%

 

[Sols]

A few years ago, the IRS put out a tender for vendors to come up‌ with a solution to trace Monero and other anonymous cryptocurrencies. If that was successful (partly‍ or wholly), it's likely been shared with FBI and other US authorities.

 

[maxmoney]

Which will leave us traceable without knowing it.

maybe it is stuff for new thread.‌

 

[369]

they trace them on internet backbones.

 

[EuroKiss]

Wallet address management is a serious thing, you can be‍ almost - or totally - untraceable, but you have to carefully plan any transaction.

IP tracing also can be⁠ masquerade. I mean, this is not for some thousands of value, but if you move⁤ millions “untracebility” can be achieved.

 

[369]

They don't trace ip there.
On internet backbones your internet data is being cutted and analyzed by AI and a profil⁤ is being created

 

[EuroKiss]

What’s “Internet data”? Data flow is end2end encrypted.

 

[369]

encryption is‌ of no use on internet backbones.

 

[RealDude]

Apart from IT garbage statements here, there will be no real Internet encryption in Russia‌ in the future. Be careful what you post about the Czar in the future, big‍ brother is watching you.

https://thehackernews.com/2022/03/russian-pushing-its-new-state-run-tls.html?m=1

 

[JamesDonkey]

That's funny. Do you guys really discuss a tweet from some girl which she pulled‌ from her a*s? No links in her tweet, no news in the internet either. Let‍ alone the fact nobody knows what "Putin Crypto Network" is.

 

[EuroKiss]

Correct, but a lot of weird statements that screamed for clarification… 😉