Bitcoin as almost secret payment to Capitol rioters

Discussion in 'Crypto Assets' started by Pekelo, Jan 14, 2021.

  1. Pekelo

    Pekelo

    This is a good usage of crypto. Nobody knows where it came from. Until, you know, block chain analysis.

    Note: Receiving payment from a foreign country to attempt to overthrow one's own government is treason.

    https://news.yahoo.com/exclusive-la...8.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr

    "On Dec. 8, someone made a simultaneous transfer of 28.15 bitcoins — worth more than $500,000 at the time — to 22 different virtual wallets, most of them belonging to prominent right-wing organizations and personalities.

    Now cryptocurrency researchers believe they have identified who made the transfer, and suspect it was intended to bolster those far-right causes. U.S. law enforcement is investigating whether the donations were linked to the Jan. 6 assault on the U.S. Capitol.

    While the motivation is difficult to prove, the transfer came just a month before the violent riot in the Capitol, which took place after President Trump invited supporters to “walk down Pennsylvania Avenue” and “take back our country.”

    Right-wing figures and websites, including VDARE, the Daily Stormer and Nick Fuentes, received generous donations from a bitcoin account linked to a French cryptocurrency exchange, according to research done by software company Chainalysis, which maintains a repository of information about public cryptocurrency exchanges and whose tools aid in government, law enforcement and private sector investigations. Chainalysis investigated the donations after Yahoo News shared the data points about the transaction."
     
    Last edited: Jan 14, 2021
    gowthamn and userque like this.
  2. Should this hold true then this would certainly spell the end for bitcoin and potentially all cryptos in the US and by US consumers. Regulators and law enforcement would simply prohibit any crypto exchange to engage with Americans.

     
  3. hahahaha ok so bitcoin futures margin for one contract is 100k right now
     
  4. you gotta be a serious baller or an institution to open just a contract
     
  5. userque

    userque

    Nah, they can track crypto better than they can track cash, imo. If anything, they want to end the use of cash.
     
    DallasCowboysFan, NoahA and ajcrshr like this.
  6. IMO ........ The left (BLM, Antifa) infiltrated the Capital protesters and caused the riot.
     
    Relentless likes this.
  7. SunTrader

    SunTrader

    :D
    Oh those devious lefties. They are everywhere. I bet Chumpie is a leftie after all. He had us fooled for 4 years. We are wise to him now. Let's do a spy exchange with his buddy Putin. Shhh I mean his enemy wink wink Putin.

    Either that or Leavenworth.
     
  8. SunTrader

    SunTrader

    That I think is a distinct possibility. And why I like to "hold" a little of everything.
     
    userque likes this.
  9. ph1l

    ph1l

    If they wanted to stay more anonymous ...
    https://www.investopedia.com/tech/f...re,transaction amount, providing more privacy.
     
    userque and Pekelo like this.
  10. Nonsense. If that was true the entire claimed benefits of bitcoin being on a decentralized ledger and the claim of anonymity would be moot.

     
    #10     Jan 14, 2021