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A jury convicted Roman Sterlingov of money laundering this month. His defense team says it will appeal, saying the crypto-tracing technique at the heart of the case is “pseudoscience.”
To the untrained observer, blockchain records are unintelligible – a jumble of meaningless letters and numbers. But a growing industry is dedicated to deciphering them.
Early adopters thought cryptocurrencies would be free from prying eyes. But tracking the flow of funds has become a big business.
Hunting down crypto criminals is a dying art as law enforcement officers jump in-house.