Sanctions-dodgers hoping to use crypto to evade detection are likely to be disappointed

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Sanctions-dodgers hoping to use crypto to evade detection are likely to be disappointed
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It may have more going for it as a tool to help Ukraine’s fundraising efforts

Senate hearing on the Russian invasion on March 10th. That requires interacting with a crypto-exchange.

The third problem is that moving money around in crypto is not as private as is widely thought. Government sleuths have invested time and energy in trying to link supposedly anonymous wallets with real people, with some success. And as blockchain transactions are public, once identified, it is easy to trace the history of funds. In December theCrypto may turn out to be far more useful to those looking to move in the open, rather than in the shadows.

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