Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Beowulf9

What the FBI guy said was essentially true. But the government is getting really good at tracking this stuff.

Anyway...it’s when the bitcoin gets converted into some other currency that they screw up. If the perp is in the US, the companies that do that stuff are tied pretty closely to the authorities.

Bitcoin is not the Wild West that it was in 2017.


14 posted on 02/11/2026 8:47:58 AM PST by Vermont Lt
[ Post Reply | Private Reply | To 7 | View Replies ]


To: Vermont Lt

Yeah, that is what the guy said, they transfer it to foreign accounts. Those countries do not keep the records we do in the United States which is why they transfer the money to those accounts, difficult to trace to impossible and done in a flash.


15 posted on 02/11/2026 9:06:01 AM PST by Beowulf9
[ Post Reply | Private Reply | To 14 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson