Can bitcoin be traced if used for illegal activities?

Thus, people use fiat money for unlawful activities more than Bitcoin. The blockchain, which is the technology behind Bitcoin, can enable investigators to trace back all transactions. And this deters would-be criminals from using this virtual currency for illegal activities because experts can trace their transactions.

How to find out who owns a bitcoin address?

How to find out who owns a Bitcoin address? You will need to use sources outside the blockchain to track the owner of a Bitcoin address. It is possible to do so because Bitcoin is pseudo-anonymous, however the process can be complicated as an address alone will not reveal its owner.

Can You track bitcoin?

You will need to use sources outside the blockchain to track the owner of a Bitcoin address. It is possible to do so because Bitcoin is pseudo-anonymous, however the process can be complicated as an address alone will not reveal its owner. Unless you’re an expert, it can be challenging to navigate the crypto-world.