Finnish Authorities Claim to Trace Monero Transactions, But Methods Remain Unclear
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Finnish authorities claim to have traced Monero (XMR) transactions, but may have actually tracked slip-ups in users' operational security rather than compromising Monero itself.
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Investigators were analyzing how a wallet tied to the 2018 Vastaamo data breach moved Bitcoin and Monero funds.
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Authorities won't reveal their methods for allegedly tracking XMR transactions.
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Privacy coins like Monero draw scrutiny for potential money laundering, leading some exchanges to delist them.
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Binance may delist Monero and other privacy coins for posing higher volatility and compliance risks.