My question is what was a white hat hacker doing by using Coinbase to make transactions with merchants from the dark web? He can use any desktop wallet and if really knew what he was doing, he should start using Monero and xmr.to also to hide his transactions with criminals.
It seems almost antithetical that it's becoming harder for the 'good guys' to use bitcoin, when companies like Coinbase that operate with the digital currency have an uphill battle convincing individuals, businesses and government agencies that cryptocurrency should not be faulted for the bad actors' use of it.
But, according to Juan Llanos, a cryptocurrency compliance expert and the fintech and regtech lead at blockchain startup ConsenSys, it's all part of the same battle.Read the full story http://www.coindesk.com/coinbase-white-hat-hacker-dont-want-bitcoin/