As public understanding of how digital assets work becomes more nuanced along with the mainstreaming of crypto, the language of Bitcoin’s (BTC) “anonymity” gradually becomes a thing of the past. Recent high-profile law enforcement actions such as that which led to the U.S. GovernmentCryptocurrency worth $3.6 Billion are particularly instrumental in driving home the idea that assets whose transaction history is recorded on an open, distributed ledger are better described as “pseudonymous,” and that such a design is not particularly favorable for those wishing to get away with stolen funds.

No matter how much criminals attempt to hide the movements of the ill-gotten money digitally, they will at one point invoke addresses to which personal information has been linked. The Bitfinex case was a classic example of this, as shown in documents published by the U.S. government.

To comfortable for too soon

Follow the money

Arguments to support the case