Coincheck hackers may have laundered half of stolen NEM coins

More nonsense.  "Laundered" how exactly?  Until you can change any of these back to real spendable money it is all smoke and mirrors.

Half! Gotta study hacking, gotta study hacking, gotta study hacking...

WakarimasenToday 10:02 am JST

More nonsense. "Laundered" how exactly? Until you can change any of these back to real spendable money it is all smoke and mirrors.

It's explained rather thoroughly in the article. They don't need "laundering" because there is no papertrail and the coints themselves can be used directly or converted to other coins or regular currency with the amount deposited on a paypal account.

Magnus

how "converted to regular currency"??   you tried to withdraw money from a digital coin exchange any time recently?

Shocked today in Kansai, saw a restaurant that accepts visa and bitcoins.

Still look like inside job for me

Isn't blockchain traceable in all transactions back to it's origins?

Should know exactly where in the "chain" it went array if that's the case.

Something ain't right here.

They do know exactly where it happened.

But think of it this way. If you steal a $20 bill from someone, and then use bill that to buy a $20 cake from me, then I now have the $20 bill. I can then use that $20 bill to buy $20 worth of stuff. Sure it was stolen at one point, but the bill is still a valid $20 bill.