Welp! So much for Crypto-secrecy! Public block-chain be public!
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[Celsius Exposes User Information in Public Court Docs - Blockworks](https://blockworks.co/celsius-exposes-user-information-in-public-court-docs/)
Quote:
A filing submitted to court on Wednesday contains over 14,500 pages that include co-founders Alex Mashinsky, Dan Leon and Nuke Goldstein’s financial transactions. But it also lists customer names, date of transaction, type of account, which cryptoasset and how much of it was involved.
Our Forgotten Astronomy | Object Oriented Programming with C++ | Wordle solver
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[Celsius Exposes User Information in Public Court Docs - Blockworks](https://blockworks.co/celsius-exposes-user-information-in-public-court-docs/)
Quote:
A filing submitted to court on Wednesday contains over 14,500 pages that include co-founders Alex Mashinsky, Dan Leon and Nuke Goldstein’s financial transactions. But it also lists customer names, date of transaction, type of account, which cryptoasset and how much of it was involved.
Our Forgotten Astronomy | Object Oriented Programming with C++ | Wordle solver
I can't see how secrecy could have been touted here. Celsius was subject to KYC (Know Your Customer) laws, so they had to vet all their customers. They wanted the names to be redacted from the documents that they filed with the court but were refused. The doxing is therefore the fault of KYC laws and the court. The crypto crowd says this is a problem with CeFi (centralized finance), the model under which Celsius operated. DeFi (decentralized finance) is supposed to be immune to this. But even the names behind its anonymous "wallet" addresses can slowly be revealed by getting someone to disclose who they transacted with. This allows a growing network of transactions to be traced whenever another user in the skein can be coaxed into cooperating with investigators.
Robust Services Core | Software Techniques for Lemmings | Articles
The fox knows many things, but the hedgehog knows one big thing. -
I can't see how secrecy could have been touted here. Celsius was subject to KYC (Know Your Customer) laws, so they had to vet all their customers. They wanted the names to be redacted from the documents that they filed with the court but were refused. The doxing is therefore the fault of KYC laws and the court. The crypto crowd says this is a problem with CeFi (centralized finance), the model under which Celsius operated. DeFi (decentralized finance) is supposed to be immune to this. But even the names behind its anonymous "wallet" addresses can slowly be revealed by getting someone to disclose who they transacted with. This allows a growing network of transactions to be traced whenever another user in the skein can be coaxed into cooperating with investigators.
Robust Services Core | Software Techniques for Lemmings | Articles
The fox knows many things, but the hedgehog knows one big thing.Blockchain is public. You are anonymous as long as nothing links a wallet to a person (orders, exchange, NFTs, whatever). I'm following many investigations where scammers are getting caught due to the publicity of blockchain. Services like Torn***C*** (sorry but I won't explicitly advertise it) are well known money laundering services but the chances of them not being already infiltrated by public officials are slim. And as anybody who ever had to do with organized crime knows, it's better to do a large scale operation once because after that everyone would escape and lie low, wasting the cost of investigation.
GCS/GE d--(d) s-/+ a C+++ U+++ P-- L+@ E-- W+++ N+ o+ K- w+++ O? M-- V? PS+ PE Y+ PGP t+ 5? X R+++ tv-- b+(+++) DI+++ D++ G e++ h--- r+++ y+++* Weapons extension: ma- k++ F+2 X
