I lost $75,000 in BTC to scammers
Despite a host of innovations in tracking technology, cryptocurrency still remains extremely difficult to track. Most cybercriminals get away with it,
If criminals store keys in a cloud provider, or with a third-party data custodian, getting access to those keys would be a way to apprehend the asset in question.
Storing the information online means that it’s more likely to be accessible because authorities can subpoena the wallet operator to get specific information about the account holder. When authorities can’t get into an account, they wait for the cybercriminal to attempt to cash out, or shift the crypto somewhere in the U.S. before they pounce.
“That’s most often how we catch people, Explained to me by one of the investigators at frontline, As they move it from a private wallet into an exchange, hoping to cash it into their bank account, we subpoena the exchange, find out who owns the bank account, and catch them that way.
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