this post was submitted on 30 Jul 2023
3 points (100.0% liked)
Monero
1671 readers
5 users here now
This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
Wallets
Android (Cake Wallet) / (Monero.com)
iOS (Cake Wallet) / (Monero.com)
Instance tags for discoverability:
Monero, XMR, crypto, cryptocurrency
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Problem is not that, but they got the Monero via scamming someone in Europe/US and trying cash them out now, most likely than no security researchers tracking their names/accounts
The entire philosophical point of monero is its fungible. So you don't know where that monero came from. They could be an online graphics designer getting paid in crypto. There are many options. If you're a vendor on local monero and you have KYC policies based on the origin of the money you could always ask for proof of origin for the funds. But that's going to be more administration on your end