Seems like a very paltry sum compared to other ways they could have capitalized on market-moving tweets.
God, imagine them declaring war on China from Trump’s Twitter...
The worst part is that we know people would believe it because that sounds very much like something Trump would actually do.
Playing in the market leaves substantially more of a trail to follow.
There's a trail with crypto too and it may be impossible for them to cash out.
couldnt you just use the btc to buy monero? no trail then or do I misunderstand monero?
I am not familiar with BTC markets. How would they be able to collect? Wouldn't everyone be watching that wallet like hawk, making it impossible to withdraw without revealing their identity?
There are services that are able to obfuscate a transfer of BTC, which really only makes it very laborious to trace the money.
There are many exchanges and services where you can sell BTC for XMR (Monero) without revealing your identity. And with Monero you cannot trace addresses or transactions.
I believe no sane service would accept BTC from that address. It is now "stained" and every other address it touches will be too. There are systems that automatically monitor for such scams so it is quite hard to launder $100k.
There have been much larger amounts people have laundered this way.
I’m sure they’ll hold onto them, considering they ran a scam on one of the world’s richest people who made the NSA’s favorite operating system.