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Private No More: U.S. Authorities Developing Techniques to Track Cryptocurrencies Like Monero and Zcash

From btcmanager.com

Perhaps it’s time that users of privacy-centric cryptocurrencies reconsider their choices. The U.S. Department of Homeland Security’s (DoHS) pre-solicitation document suggests that the government body is contemplating the development of forensic analysis techniques to track transactions done through private cryptocurrencies like Monero and ZCash. The pre-solicitation document urges small technology firms to conduct R&D and develop products, processes, and techniques that can be utilized to identify and uncover crimes that involve the use of digital currencies. The document reads in part: The SBIR has formulated a ... (full story)

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