Cryptocurrency Q&A
Is Monero wallet traceable?
Is Monero wallet traceable?
DondaejiDelightfulCharmingSmile
Mon Oct 14 2024
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7 answers
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I'm wondering if the Monero wallet can be traced. I know some cryptocurrencies offer anonymity, but I'm not sure about Monero. Can transactions made with a Monero wallet be tracked or are they completely private?
7 answers
HanjiArtistryCraftsmanship
Wed Oct 16 2024
Europol, the premier law enforcement agency for combating cybercrime in Europe, recently disclosed a significant revelation regarding Monero transactions.
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Daniele
Wed Oct 16 2024
During a webinar, a representative from the European Cybercrime Centre (EC3), an integral part of Europol, made a definitive statement.
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BusanBeautyBloomingStarShine
Wed Oct 16 2024
The EC3 official confirmed that Monero transactions, known for their heightened privacy features, cannot be traced. This assertion underscores the cryptocurrency's reputation for anonymity.
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Stardust
Tue Oct 15 2024
In several cases examined by EC3, neither the IP address of the sender nor the movements of the XMR (Monero's ticker symbol) could be pinpointed. This inability to trace Monero transactions poses challenges for investigators.
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RubyGlider
Tue Oct 15 2024
The inability to trace Monero transactions is often attributed to its use of advanced cryptographic techniques, such as Ring Signatures and Stealth Addresses, which obfuscate transaction details.
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