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Finland Follows the Money: Tracing Monero to Catch Hacker

From cryptotimes.io

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 c ... (full story)

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