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The original was posted on /r/monero by /u/MoneroFox on 2024-08-16 10:06:17+00:00.

This article has disappeared (2020-August-31):

CipherTrace delivers Monero tracing tools … CipherTrace developed tools to explore Monero transactions to assist in investigations. These tools include transaction search, exploration, and visualization tools for Monero transaction flows that have been integrated with CipherTrace’s Inspector financial investigations product. This provides ways to track stolen Monero currencies or Monero currencies used in illegal transactions. It also helps assure cryptocurrency exchanges, OTC trading desks, investment funds and custody providers that they do not accept Monero from illicit sources and investigate Monero received from potentially illicit sources and take appropriate actions to stay in compliance …

With 45% of darknet markets now using Monero—the second-favorite cryptocurrency of choice among criminals just behind bitcoin—law enforcement interest in Monero tracing has soared. Monero employs a particularly unique design to ensure user anonymity including always-on, enforced privacy. Ring signatures, which enable transaction mixing, are built into the protocol design, so when attempting to locate the source of a transaction, it will appear as if a whole crowd of users took part in the exchange, making it nearly impossible to identify the true source. … “Monero (XMR) is one of the most privacy-oriented cryptocurrencies,” …

MasterCard no longer mentions Monero tracking.