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kepford
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2024-10-24 15:04:29

kepford on Nostr: LEAKED: IRS Attempts to Trace Monero in Chainalysis Training Video ...

LEAKED: IRS Attempts to Trace Monero in Chainalysis Training Video
https://takebackourtech.org/irs-attempts-to-trace-monero-in-leaked-training-video-response-from-monero/

Curious what some of the bitcoin experts and those familiar with Monero think about this article.

I was unaware of this little detail they drop. I'm not unaware of the privacy tradeoffs with Lightning but didn't know Chainalysis had announced this.

> The IRS wanted to be able to pinpoint behavior associated with a particular user to conduct investigations, and associate their activity with other users, gathering open-source intelligence such as their names, all packaged in a neat little GUI (graphical user interface).

> Two companies won the contract, from Sept 2020 to Sept 2021, although only Chainalysis is of note as they were able to deliver a working product.

> Three months after the contract ended, Chainalysis put out a press release advertising support for tracing Lightning Network transactions in December 2021.

originally posted at https://stacker.news/items/738507
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