This is the tweet that ties the rise of ransomware to crypto anonymity:
1) Receive ETH tied to crime
2) Send to tornado.cash
3) Withdraw from tornado.cash
4) Now you have clean ETH in a fresh wallet not tied to identity
5) Use a DeFi non-KYC exchange to swap for another token
6) Use KYC exchange to swap token for dollars/euros
(https://twitter.com/smdiehl/status/1395686872400211973?s=21)
Can anyone confirm that this method truly anonymize?
If so, what can the US government do to prevent anonymization?
Will it work, meaning it would make extortion significantly harder?