/biz/ - Business & Finance

Why what happened

Based Bean poster

>>54975969
fake news

>>54975969
and another

>>54975969
and one more for good measure.
I fucking hate no-coiners who know absolutely nothing about the industry. If they could hack the privacy coins, why are they actively trying to fucking delist them and ban them from exchanges? Fucking KEK

>>54975969
Assuming this was true, they aren't wasting resources on xmr schizos retard

>>54975969
haircomb

>>54976074
that contract was awarded.
the bounty was claimed.

>>54976315
Kek jeets
>>54976328
Source?

>>54975969
Some of these are simply false.

>>54975969
At least 4 of these are true, you know it in your heart of hearts.

>>54976367
the real source is on:
>https://www.fpds.gov/fpdsng_cms/index.php/en/
but it's a pain in the ass to navigate that site, but I've seen it myself on there.
so instead I'll give you a soft source:
>https://news.bitcoin.com/chainalysis-and-integra-win-1-25-million-irs-contract-to-break-monero/
but yea, the contract was awarded almost 3 years ago now.

I ant to crack open those NIGGER M+Ms

I HATE NIGGERS

>>54976416
>win contract to break monero
they were paid to do research retard. learn to read. nobody did shit.

>>54976328
>>54976416
It was a two-stage payment, 500k to develop it and 125k if you have actually done it.
>Per the original request, the firms will be advanced $500,000 each to develop the required tracing tool, and then another $125,000 if the submitted solution proves successful and is approved. A working submission is due in eight months.

They won the contract TO DO IT, not FOR HAVING DONE IT

And from what I've seem neither have claimed the actual 125k, the only significant thing ChainAnal has done since was
>https://blog.chainalysis.com/reports/lightning-network-support/

>>54976328
>that contract was awarded.

Yes.

>the bounty was claimed.

No.

>then another $125,000 if the submitted solution proves successful and is approved. A working submission is due in eight months. Testing and development will occur in the ensuing120 days.

Hardly surprising when you consider that the critical information required for establishing who sent how much to whom simply isn't available on the blockchain in the first place.

>>54976513
Both companies know it's not possible. But they're based for taking advantage of govt morons.

>>54976367
pic related is what haircombers think of jeets

>>54976491
>>54976513
>>54976535
I'm aware of the proposal and the payment terms.
The $125k was claimed.
you can find it on fpds, it's a pain in the ass though.

>>54976605
>The $125k was claimed.

So, the awarding of the contract makes headlines.

But the awarding of the bounty doesn't.

Makes sense.

>>54976605
>you can find it on fpds, it's a pain in the ass though.
It aint there. I just saved everyone 5 minutes of their time.

>>54976572
This. Its just companies cashing in on a sweetheart free money deal. nothing more, nothing less.

>>54976630
bad news doesn't make headlines, good news does, and the bounty was ironically considered good news by XMR holders.
now days it's probably just FBI shilling XMR.
>no... that cannot be!

>>54976708
it is there.

>>54976605
Please do, otherwise you are just acting and sounding like a faggot.

>>54976722
>bad news doesn't make headlines, good news does, and the bounty was ironically considered good news by XMR holders.

ACTUAL LOL

Yes, Monero being broken is totally not newsworthy. Moron.

>>54975969
If I have the key to a secret something. I would definitely tell everyone I have that key…… holy fucking shit you newfaggotryhard shitstain fuckwits.
Firmware backdoors absolutely exist, they will not tell you about them. SNOWDEN DID and he will never set foot into the US again.
If XMR is broken it will not be televised.
You must layer your security to a level that makes it stupid hard for them to break it.
The goal isn’t to be untraceable or unbrealable although that is a nice touch.
Your goal is to make them want to fuckoff to the other guy across the street who is dumber than you.
They can absolutely break XMR with a $5 wrench if they want to.
Lookup Yardbird. Learn from him in all his disgusting glory.
Everyone here knows about Ross.
How many know about Backopy.
XMR may not be totally broken or broken at all. I’m all for making it more secure.

>>54976732
>>54976741
OK so beta.sam.gov went out of the beta, but replacing the links in the articles actually gives us the contract and its history
>https://sam.gov/opp/3b7875d5236b47f6a77f64c19251af60/view#history
>https://sam.gov/api/prod/opps/v3/opportunities/resources/files/bb0247a3accc46beb2901af74b78438d/download?&status=archived&token=
The final report is actually quite funny
>Regarding Layer 2 protocols, Lightning Labs has developed a monitoring app, Lndmon, for the Bitcoin LN and has released the code on GitHub with no current resources developed for LNs on other distributed ledgers (e.g., Litecoin blockchain), Raiden Network (on the Ethereum platform), etc. IRS-CI has the need to be able to investigate illicit activity on these networks
Also
>Provide information and technical capabilities for CI Special Agents to trace transaction inputs and outputs to a specific user and differentiate them from mixins/multisig actors for Monero AND/OR Lightning Layer 2 cryptocurrency transactions with minimal involvement of external vendors
Meaning that they could've in theory taken the 125k by only tracing LN

But please do dig it up for us if you can

>>54976708
>>54976741
>>54976754
because you guys are super assmad about it, I go ahead and search it.
the problem is all the blog posts highlighting the bounty point to beta.sam.gov instead of the newer sam.gov, and all the unique identifiers have changed on that system.
however, what you can do, is search 'monero' on there and it'll bring up 'Financial Crimes Enforcement Network' paying for a year of licensing from CipherTrace, which was one of the 2 companies that won the full IRS bounty.
>https://sam.gov/opp/1f5b94ebef1e4b719b57d2c4b909cd2a/view
anyways, yes, they were both awarded the full contract amounts including the 125k, and now it looks like FinCEN wants to license the software they wrote to trace monero.
don't shoot the messenger.
>but WHY wouldn't this be bigger news???
I don't know, bunch of XMR baggies and not one knows the bounty was collected?
maybe you guys are retarded?
maybe it's just glowies pretending it's untraceable.
probably a mix of both.

>>54976930
>https://sam.gov/opp/3b7875d5236b47f6a77f64c19251af60/view#history
>https://sam.gov/api/prod/opps/v3/opportunities/resources/files/bb0247a3accc46beb2901af74b78438d/download?&status=archived&token=
yea, thanks you found them.
it doesn't totally explain the result of the work, as it's somewhat ambiguous, but the point is the fully contract was awarded.

>>54976722
>bad news doesn't make headlines, good news does,
main stream media doesn't operate like this, but you already know this, because you're gaslighting. Gaslighting doesn't work, if everyone is doing it, which they are.

>>54976990
>CipherTrace
>my sides

We've already been over this, it was a publicity stunt that resulted in the CEO's humiliation. He was invited to provide a public demonstration of this revolutionary tech in action, homebody couldn't deliver.

Talk is cheap and selling compliance as CYA insurance is a lucrative business.

>>54976990
CypherTrace isn't the only one who documents addresses. The Graph, Chainlink, Parsiq, etc literally does this and they are not in the same business. KEK

>it doesn't totally explain the result of the work, as it's somewhat ambiguous, but the point is the fully contract was awarded.
If i submit a proposal bid to a job you're looking to get done, and you accept my bid, that literally means nothing. US Gov setup a bidding war to hire someone. Thats it.

Now ask yourself, how many criminals were busted for using monero? The answer is ZERO. You can't find a single story on how the feds caught some random dude using monero. doesn't exist.

Monero baggies are in so much trouble kek

I don't know anything about nothing, but I do know is if you have to be retarded to think you're going to keep this stuff secret in the long run if you hold this shit.

>>54977047
>>54977081
whatever.
the contracts were fully awarded.
the software is currently licensed out to FinCEN.
I don't know what you guys want.
point is, the bounty was claimed, and I was clearing up that misinformation.
now days, monero is probably more traceable then you guys think, but I don't know, I don't work for the government, and I know you guys don't actually know either, since neither of you knew the contract was fully awarded... 3 years ago...

>>54977180
My sides - as if they aren't using Monero themselves. This is textbook deflection.

>>54977147
>If i submit a proposal bid to a job you're looking to get done, and you accept my bid, that literally means nothing. US Gov setup a bidding war to hire someone. Thats it.
it was a performance based contract.
you are a massive faggot.

>>54977186
>point is, the bounty was claimed
You haven't produce any evidence to show the bounty was claimed, even being asked to, several fucking times.

>>54977212
>it was a performance based contract.
You've never written a bid proposal, so how the fuck would you know. I work for the company that handles government contracts, dispshit.

>>54977186
>misinformation
Why do you have to use faggot words? do you like gay sex?

>>54977233
I work for a company - typo corrected. We do sat surveillance for the US Gov. All the work we do is literally all bid proposals.

>>54977186
>I don't know what you guys want.

How about a public demonstration of this amazing tech in action?
How about a SINGLE indictment specifically referencing the tech and how it resulted in the defended being traced?

Talk is cheap, only results count for anything.

All you got here is TRUST ME, BRO

>>54977180

OH NOES, NOT THE GUBBERMINT!!!!

>>54976990
First off, CipherTrace delivered a non-functional glorified guessing game with dubious heuristic
>https://youtube.com/watch?v=w5rtd3md11g?t=840
>https://old.reddit.com/r/Monero/comments/ik0t3h/ciphertrace_monero_tracing_example/
And even if you choose to trust them, they are doing probabilistic tracing meaning that there is plausible deniability even if and big IF it works so I don't think it is even admissible as court evidence or proper KYC for that matter.

Also
>The purpose of this requisition is to renew existing access to CipherTrace cryptocurrency tracing and attribution platform.
Which includes the entire package of 800+ cryptocurrencies and dozens of tools for searching, indexing, analyzing and who knows what else. The part that you highlighted are simply what CipherTrace CLAIMS to have towards LE and a bit of justification for the expenditure.
>we are not wasting taxpayer money, we are purchasing high-tech advanced cryptocurrency tracing technology that can even do Monero! Wow we are totally worthy of your taxdollars!

>Error: Our system thinks your post is spam. Please reformat and try again.
mfw

i used monero today and there's nothing you can do about it suck a dick

Honestly seems possible but horseshit at the same time.

>>54976722
Monero FUD is so tiresome.
Is this really the best you faggots can do?

>>54977219
it was already posted
>https://sam.gov/opp/3b7875d5236b47f6a77f64c19251af60/view#history
>https://sam.gov/api/prod/opps/v3/opportunities/resources/files/bb0247a3accc46beb2901af74b78438d/download?&status=archived&token=

>>54977347
>they are doing probabilistic tracing meaning that there is plausible deniability even if and big IF it works so I don't think it is even admissible as court evidence or proper KYC for that matter.
circumstantial evidence is admissible and sticks all the time, especially when corroborated with further circumstantial evidence.
as long as it's not a murder case, you can be convicted with reasonable doubt.
>The part that you highlighted are simply what CipherTrace CLAIMS to have towards LE
yes, and apparently whatever it does is good enough for the US govt to purchase it.

>>54977592
>yes, and apparently whatever it does is good enough for the US govt to purchase it.

lol the US government purchases shit it has no use for all the time due to backroom dealing

>Congress Again Buys Abrams Tanks the Army Doesn't Want
https://www.military.com/daily-news/2014/12/18/congress-again-buys-abrams-tanks-the-army-doesnt-want.html

In any case, if you understand how Monero actually works then you know why the whole thing is a nothingburger.

Monero posters on social media glow or are paid. There is no way hundreds of people would exert so much effort to try and convince you something is private if there were no profit in it. Also, where did Monero get the money to pay the shills who spam here daily considering that the project is supposed to be mineable with no premine? Fluffy pony was exposed for working with the US government and Monero can be tracked, see the 0xMonero whitepaper for examples or go search the Monero Reddit and see for yourself.

>>54975969
Oh no that sucks
Pls don't buy monero
Pls sell monero

>>54976722
>bad news doesn't make headlines, good news does, and the bounty was ironically considered good news by XMR holders
Wait a minute. Monero decides what does and what doesn't make it into the news?