With Bitcoin, they can tell I gave you money first, and then you bought something.
I’ve frequently heard that Bitcoin is anonymous, and that’s why these cyber criminals want to be paid in Bitcoin. Is Bitcoin not anonymous?
Bitcoin likely never was anonymous.
Only if you mine it yourself or purchase it with an anonymous payment method like a gift card purchased with cash.
If you purchase it on an exchange you have to give them all your information.
I’ve frequently heard that Bitcoin is anonymous, and that’s why these cyber criminals want to be paid in Bitcoin. Is Bitcoin not anonymous?
——-
No it is NOT. US .gov and Israel has recovered billions of dollars from Bitcoin accounts. Please do your research.
One example:
https://www.cnbc.com/2021/06/07/us-recovers-some-of-the-money-paid-in-the-colonial-pipeline-ransom-officials-say.html
…” KEY POINTS
U.S. law enforcement officials said they were able to recover $2.3 million in bitcoin paid in the Colonial Pipeline ransom…”.. many more high profile examples I& you search.