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Finland Follows the Money: Tracing Monero to Catch Hacker
Finland’s National Bureau of Investigation has reportedly tracked Monero (XMR) transactions to identify a ransomware hacker, despite the privacy coin’s anonymous features. According to a local report, Julius Aleksanteri Kivimäki is on trial for allegedly hacking a mental health firm’s database in Oct 2022 and demanding 40 Bitcoin (BTC) ransom. When unpaid, he targeted patients individually and received crypto payments swapped into Monero. tweet Police say the hacker sent funds to exchange without KYC, swapped into Monero, then to Binance, and back to BTC across various wallets. Authorities maintained ... (full story)