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TormarketSupport

Verified Vendor

Registered: 2019-03-31

Posts: 716

CipherTrace Provided Feds with "Monero Tracing" Tools - DarknetLive

http://darkzzx4avcsuofgfez5zq75cqc4mprjvfqywo45dfcaxrwqg6qrlfid.onion/post/ciphertrace-provided-feds-with-monero-tracing-tools/

If you use Monero for its anonymity , it doesn't protect with 100% confidence. In the past researchers have deanonymized most of the transactions, and the developers had to improve the protocol.

Xar777

Member

Registered: 2019-04-30

Posts: 122

Re: CipherTrace Provided Feds with "Monero Tracing" Tools - DarknetLive

Yep, always protect yourself with multiple layers of security.

Seems like they might be talking their "product" up a little much here though... trying to get their snout in the government troff. It's a blackbox software but from what I have gathered they are using various side-channel methods which are already known (and being worked on). Following basic opsec will prevent side-channel attacks.

Monero is still leagues ahead of most other crypto in terms of privacy and decentralization. Have a look into whats being currently developed on Monero and the people involved. It's a very promising project compared to most of the shit-coins out there. There's a reason the big boys are starting to target it and volumes are going up.

https://repo.getmonero.org/monero-project/ccs-proposals/-/merge_requests/148#note_10239

^ there is some info here where Sarang Noether actually interviews CipherTrace CEO (on video too, its telling..)

TormarketSupport

Verified Vendor

Registered: 2019-03-31

Posts: 716

Re: CipherTrace Provided Feds with "Monero Tracing" Tools - DarknetLive

If they found a significant vulnerability they would stay quiet like NSA does with Windows exploits. The tool probably just summarizes information already available or maybe it was analyzing the old transactions before protocol improved.