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It was most likely someone who developed Electrum malware or anything related to Electrum when it was attacked and many cryptocurrency lovers lost a lot of money using it. And it seems that the person also tried to hide and launder money, but the police found him. And I think the Dutch police have to work very hard to find him at his home, where they confiscated everything as evidence. Of course, the victims cannot get the money back, but perhaps that person will serve a long prison sentence for his crime. Now we’ll see if other cryptocurrencies suffer similar vulnerabilities in the future. Let’s hope so!
One thing is for sure. If the authorities can trace the address, it is still possible to recover the stolen money, even if it is not more difficult than finding the intact part if it has not been changed and spent. Pirates lead a sordid and irresponsible lifestyle. I don’t see how difficult it is to verify the address and return the documents.
The individual switched bitcoin to coin monero, according to the survey, which made it harder to track transactions. It offers its services through Bisq’s private Internet community. We believe that individuals make considerable profits by laundering money in this way.
Let's assume he sold both Bitcoin and Monero:
It will sell you 125 Monero for 1 Bitcoin.
It will sell you 1 Bitcoin for 140 Monero.
If someone uses them, they are fairly simple money makers for traders. If I do this on a stock exchange that is not P2P, I'm just really excellent at trading, right? I'm starting to wonder what aspect of this would be unlawful. Buy cheap, sell dear! Just as I don't have to worry about the seller when I buy stock in a company, neither do I have to worry about the source of the money I sell. Why is this any different? Is there a difference between trading on an exchange and P2P?