$625,000 Bounty For Anyone Who Can Crack Lightning And Monero, Offers IRS

This bounty is for anyone that can break the supposedly untraceable privacy coins, such as Monero. The IRS made it clear that it was seeking one or more contractors in order to provide this new innovative solution for privacy coin tracing.

As privacy coins flourished, Monero made itself clear as the virtual currency of choice among criminal organizations, as opposed to the more traceable Bitcoin and other assets. In particular, the ransomware group, Sodinokibi, uses Monero exclusively for transactions and ransom demands, due to concerns it has in keeping its privacy.

Timeline of Bitcoin, Monero