When @NeonaziWallets can run an automated feed showing the daily bitcoin activities of white supremacists, imagine what the Federal law enforcement & counterintelligence who have known about this for at least almost 6 months could do with their data.
The Dutch Hansa takeover.
"They obtained at least some data on 420,000 users, including at least 10,000 home addresses, which they've turned over to Europol to be distributed to other police agencies..."
1st, some basics. #Cryptocurrencies create a permanent, online record of each transaction, arguably the most easily tracked exchanges on Earth. But law enforcement shut down multiple #Darknet auction sites even before that was common knowledge. .@FBI .@NSAGov
Those sites had tens of thousands of users. And money launderers, Russian intelligence, terrorists & ordinary criminals have moved into it en masse. The world’s worst method for making nefarious transactions. .@FBI .@NSAGov
Newly Uncovered Payments By Russian Embassy Are A Focus Of Mueller Probe: Sergey Kislyak received $120K ten days after the election of Trump. Bankers flagged it to US Gov't as suspicious because, marked as payroll, it didn’t fit prior pay patterns. #Maddowbuzzfeed.com/jasonleopold/n…
^ @benjaminwittes: "@a_cormier_ & @JasonLeopold took a lot of criticism for their earlier story on wire transfers to the Russian embassy...that story warranted more consideration than it was receiving. This followup emphasizes that." #Maddow
^ Nov 14, 2017 piece referenced above: FBI scrutinizes more than 60 money transfers sent by the Russian Foreign Ministry to its embassies across the globe, bearing a note that said the money was to be used “to finance election campaign of 2016.” #Maddow
This big story by @JasonLeopold and @a_courmier_ shows how #FinCEN uses it’s suspicious activity reports/SARs collected from financial institutions (like Citibank here) to track illicit financing and connect the dots for $ laundering. You can bet Mueller has it if he wants it.
Please excuse spelling errors. A few words about SARS - #FinCEN requires banks, financial institutions, wire transfer companies, money services businesses, jewelers, etc. to file reports documenting suspicious banking activities that they witness online or in person./2
So for example, if you normally make deposits at one rate and pace, and all of a sudden your accounts starts receiving deposits once a month for $300,000 from a non-employer, your bank may file that as a SAR with FinCEN. Or if a guy walks into a bank with $19,000 in cash, and /3
.@CNBC For those just catching up, *Every* #Cryptocurrency maintains a *public* log of all transactions in one form or another. Even if you’re a criminal who didn't use them, how many of the people are you tied to who did? Now combine w/a global FinCEN investigation.
.@CNBC#Cryptocurrencies were already a ludicrous way to do illegal transactions. I've kept silent for 1/2 decade+ of metastasizing – Letting everyone who wanted to expose themselves do so. But it’s still astounding how many made that self-evident error.