Cryptocurrency Q&A Can the FBI track cryptocurrency?

Can the FBI track cryptocurrency?

JejuSunrise JejuSunrise Thu Dec 12 2024 | 7 answers 1525
I'm wondering if the FBI has the capability to track cryptocurrency transactions. With the rise of digital currencies, it's important to know if government agencies like the FBI can monitor and trace these types of financial activities. Can the FBI track cryptocurrency?

7 answers

amelia_doe_explorer amelia_doe_explorer Fri Dec 13 2024
Cryptocurrency transactions enjoy a unique feature of being permanently recorded.

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Valentina Valentina Fri Dec 13 2024
Law enforcement agencies can utilize this traceability for investigative purposes.

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EnchantedPulse EnchantedPulse Fri Dec 13 2024
This recording happens on publicly accessible distributed ledgers.

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EthereumElite EthereumElite Fri Dec 13 2024
They can follow the flow of money through cryptocurrency transactions.

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HanRiverVision HanRiverVision Fri Dec 13 2024
This capability is not available with traditional financial systems, making cryptocurrency transactions distinctive in this regard.

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