Crypto’s Libertarian Dream Helps Power a Darknet Money Machine

In early January, hackers drained over $200 million from a crypto wallet and swapped some of the loot into Monero, a type of digital token designed to be near-impossible to...

By Ryan Weeks, Sidhartha Shukla, Melos Ambaye · Bloomberg Markets

In early January, hackers drained over $200 million from a crypto wallet and swapped some of the loot into Monero, a type of digital token designed to be near-impossible to trace. To Monero’s most devoted fans, it was a sign that things were working just the way they should.