USA offers $ 625,000 to track Bitcoin Monero and Lightning users

[NotATether]

Has there been any progress on this since Chainalysis and Integra got the contracts? Chainalysis CEO claiming two weeks ago about Monero having a "limited future" does not count. Meanwhile, only radio silence about Integra.

Usually when a company berates a rival technology by predicting its demise it usually means they were unsuccessful in competing with them (I will never forget Microsoft ex-CEO Steve Ballmer's infamous iPhone criticisms).

The Monero developers have released a new innovation that further increases the privacy of payments(Triptych):
https://www.monerooutreach.org/stories/monero-triptych.html

Triptych has not been deployed yet AFAIK but once/if it is, it will be another huge headache for Chainalysis to deal with. It makes me think a prototype that can break Triptych won't be ready anytime soon, or even in a few months.

[Harlot]

I have a feeling that anymore additional steps from these Monero developers and we might see some kind of special ban against Monero in the USA. I remember that South Korea and Japan did the same thing years ago on requesting exchanges to remove Anonymity based cryptocurrencies in their platform which they did. Yes Monero will still be available in other ways but the thing is if if users have been found holding Monero they might go in jail because of it so really Monero might just be digging their own graves if they did further steps.

Well, in vain they did it. Any cryptocurrency is safe as long as it does not interfere with centralized services that require the KYC procedure.
Now all exchanges are working with special services, and they have removed their informants.
The only way is to create your own mining pool with the highest hash rate, or to control large pools, then you can access the information and decrypt the data.

This might be true since all steps I have seen for limiting the availability and use of anonimity focused cryptocurrencies are all in a phase of banning them in crypto exchanges but the thing is the government will always have a chance to go into drastic measures when a certain situation happens, what I mean about that is when criminals starts to shift more and more on these privacy coins I think the government will not just be paying any devs to track them anymore but just create a law banning them.

[yhiaali3]

Why is the IRS paying so much to find technology to track cryptocurrencies? Instead, the US government should accept cryptocurrencies and make them legal in the country, and then they can naturally obtain taxes without resorting to such means and pay these additional costs.
The world's governments must understand that this is the era of cryptocurrencies, and they should start by accepting them and setting regulations for them instead of resorting to these methods.