IPEUR
IP / Euro
crypto

My point is they don’t need the IP address. Every device has a device ID and any government agency can track you with that.

FBI doesn't even need to track his IP. It's a financial fraud. Just track the money, easy.

A lot of people don't understand how VPNs work.
The VPN server can see your real IP address, and all of your traffic. It's a tool, not some invisibility cloak.

A local 4b Qwen knew it doesn't work that way
> Using "Incognito" mode would likely not have helped Malone Lam hide his identity in this scenario, and here is why:
>1. Incognito Mode Doesn't Hide Your IP Address
>This is the most common misconception about private browsing.
>What it does: It prevents your browser from saving history, cookies, and cache on that specific device so you don't get tracked by websites on that computer.
>What it doesn't do: It does not hide your IP address from the servers you connect to (like an exchange). When you log into a crypto exchange, your ISP still sees which server you are connecting to. The FBI can trace that connection back to your physical location regardless of whether you used Incognito mode.

Incognito Mode doesn't change your IP address, son. It just makes sure Chrome doesn't keep a history of your activity for that session locally.

Also OP equates using a VPN with incognito mode, which would’ve done nothing to hide the person’s IP address.

I can guarantee that's the only way or the main way he got caught. The IP part just made FBI's job easier and quicker. Masking your IP won't keep Economics Crime Unit off your back.

fell down a rabbit hole today, need to share.
group of guys (met on gaming forums, most 20-22) social engineered one dude out of $240M in bitcoin by posing as Google/Gemini support. fine, evil genius stuff.
then instead of laying low they went full lottery winner: private jets, mansions in Miami AND the Hamptons, the "ringleader" allegedly dropped **$569k in one night** at a club.
best part though one guy set up an exchange account with $30M of the stolen funds and didn't even bother masking his IP. FBI traced it straight to his $47,500/month rental basically instantly.
relevant because the ringleader (22yo, Malone Lam) is set to plead guilty **today** the 11th of 18 defendants to fold. looking at 14 years minimum.
can't decide what's dumber, the spending spree or forgetting incognito mode exists after stealing a quarter billion dollars
anyone else following this ? 😭

My point is they don’t need the IP address. Every device has a device ID and any government agency can track you with that.

FBI doesn't even need to track his IP. It's a financial fraud. Just track the money, easy.

A lot of people don't understand how VPNs work.
The VPN server can see your real IP address, and all of your traffic. It's a tool, not some invisibility cloak.

A local 4b Qwen knew it doesn't work that way
> Using "Incognito" mode would likely not have helped Malone Lam hide his identity in this scenario, and here is why:
>1. Incognito Mode Doesn't Hide Your IP Address
>This is the most common misconception about private browsing.
>What it does: It prevents your browser from saving history, cookies, and cache on that specific device so you don't get tracked by websites on that computer.
>What it doesn't do: It does not hide your IP address from the servers you connect to (like an exchange). When you log into a crypto exchange, your ISP still sees which server you are connecting to. The FBI can trace that connection back to your physical location regardless of whether you used Incognito mode.

Incognito Mode doesn't change your IP address, son. It just makes sure Chrome doesn't keep a history of your activity for that session locally.

Also OP equates using a VPN with incognito mode, which would’ve done nothing to hide the person’s IP address.

I can guarantee that's the only way or the main way he got caught. The IP part just made FBI's job easier and quicker. Masking your IP won't keep Economics Crime Unit off your back.

fell down a rabbit hole today, need to share.
group of guys (met on gaming forums, most 20-22) social engineered one dude out of $240M in bitcoin by posing as Google/Gemini support. fine, evil genius stuff.
then instead of laying low they went full lottery winner: private jets, mansions in Miami AND the Hamptons, the "ringleader" allegedly dropped **$569k in one night** at a club.
best part though one guy set up an exchange account with $30M of the stolen funds and didn't even bother masking his IP. FBI traced it straight to his $47,500/month rental basically instantly.
relevant because the ringleader (22yo, Malone Lam) is set to plead guilty **today** the 11th of 18 defendants to fold. looking at 14 years minimum.
can't decide what's dumber, the spending spree or forgetting incognito mode exists after stealing a quarter billion dollars
anyone else following this ? 😭

Crypto currencies are nothing more then TCP/IP based application network protocols. Most crypto currencies have limited/obsolete technical features, including BTC. A number of crypto currencies are used in other countries as forms of day-to-day payment. It's not really like that in the US right now due to political and public bullshit. So for US use of crypto, it's primarily speculative investment. Crypto trading is basically a contemporary form of Forex trading. That being said, I know Switzerland recently introduced ADA for direct retail integration. There are also crypto debit type payment cards allowing for payment via crypto.

**So does it beat Monero?**
**On paper, yes — for pure crypto privacy:**
**Monero:**
**Hides with ring signatures (mix your real input with 15 decoys), stealth addresses, RingCT**
**Always private, but anonymity set is limited to ring size + recent churn. Chain analysis has had some success tracing old small rings.**
**Dandelion++ for IP privacy**
**ZKas:**
**Uses Orchard / Halo 2 zk-SNARKs like Zcash shielded, but no transparent t-addresses — you can't accidentally make a public transaction like you can with Zcash**
**zk proof means chain shows literally nothing — no sender, receiver, amount. Anonymity set is entire shielded pool, not 16 decoys**
**Plus Kaspa's blockDAG means 1 bps, fast confirmations, merged-mining with Kaspa ASICs**
**Wallet is non-custodial by design now — seed generated in browser, daemon only gets viewing key, spend signed on device**

Daedalus is a wallet, you created an account using it as a client on the Cardano network. Crypto currencies are nothing more then TCP/IP network application protocols.

 I dont know what you are belly aching about trust and ADA for.  BTC has been experiencing multi 100 million dollars hacks lately....yet everyone continues to believe it's better then ADA because of price.  Everyone is full of shit when it comes to crypto because most people who are self proclaimed "experts" cant accept that at the end of the day they are just TCP/IP based network protocols.