Governments and crypto exchanges have substantial ability to track illicit crypto transactions through the blockchain, John Kothanek, Coinbase’s vice president for global intelligence, tells a House Homeland Security panel Thursday.
- “If you are a cyber criminal and you’re using crypto, you’re going to have a bad day,”
- “We are going to track you down and we’re going to find that finance and we are going to hopefully help the government seize that crypto”
- The statement comes as the Financial Stability Board has
warnedabout the possibility of increasing use of crypto for illegal activity
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