Identification of Hacker Behind Vastaamo Data Breach
The National Bureau of Investigation (NBI) in Finland claims to have found a way to identify individuals who use Monero to launder money. The agency recently released a report identifying Julius Aleksanteri Kivimäki as the criminal behind the Vastaamo breach. Kivimäki gained access to patient records and demanded 40 BTC in exchange for not publishing them. He was later identified by the NBI and charged with multiple crimes. An Interpol arrest warrant was issued, leading to Kivimäki’s arrest and extradition to Finland.
NBI’s Monero Tracing Claims Dismissed
However, proponents of Monero have dismissed the NBI’s claims of being able to trace the cryptocurrency. Some users on Reddit argue that the NBI only tracked a person who used centralized exchanges and swapped Monero for traceable cryptos. They believe that tracing Monero transactions is still not possible.
Another user suggests that the agency’s breakthrough was only realizing that a similar quantity was exchanged from Bitcoin to Monero, then deposited into Binance.
Hot Take: Privacy Coin Monero Still Untraceable
Despite the NBI’s claims, it remains uncertain whether the agency has truly found a way to trace Monero transactions. Proponents of the privacy coin argue that it is still untraceable. While the NBI’s report provided some details on the hacker’s methods, it did not offer verifiable proof of the Monero tracing breakthrough. As the debate continues, the privacy and anonymity features of Monero remain a priority for its users.
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