On Background: Bad Actors on the Blockchain
Against the Rules with Michael Lewis
00:00
Unmasking the FTX Heist
This chapter explores the dramatic circumstances surrounding the withdrawal of half a billion dollars in cryptocurrency following the FTX bankruptcy. It examines the irony of cryptocurrency crime given its traceable nature and the inefficacy of anonymity in Bitcoin transactions. The narrative also highlights early research efforts to track Bitcoin movements and uncover user identities, focusing on the challenges and techniques involved in tracing digital assets.
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