Hacker News new | past | comments | ask | show | jobs | submit login

When you're talking about millions of dollars of bitcoin or other altcoin stolen...well, it's hard to smoke that much crack.

But it is possible to by some crack and sell it for cash.

You can buy gold with crypto.

Millions of dollars worth? Or is it some penny-ante exchange like most Bitcoin-to-fiat services? Or will it have a strong know-your-customer rules that make it problematic for these actual criminals?

I don't see why not. Transactions worth tens of thousands of dollars are relatively common as I understand it.

Applications are open for YC Summer 2019

Guidelines | FAQ | Support | API | Security | Lists | Bookmarklet | Legal | Apply to YC | Contact