Conducting crime using crypto is quite stupid these days, because there’s a large cottage industry of companies dedicated to de-anonymizing every single transaction that occurs on the major blockchains.

You know how people criticize these blockchains for having slow transaction rates? Yeah, well, combine that with the fact that all of the transactions are public and that they tend to be interconnected (it’s a network after all) and it isn’t hard to see why chain analysis isn’t particularly difficult.

My point is, even if this guy didn’t use Coinbase and went way off into the wilderness, they’d find him. I think the FBI et al let a lot of the lesser crimes go “unsolved” so criminals don’t get too smart about this too easily.