Bitcoin’s Pseudonymity Under Scrutiny: $45 Million Bribery Case Exposes Vulnerability

A recent bribery case in the Czech Republic has exposed Bitcoin’s limitations, highlighting the power of blockchain forensics to investigate financial crimes. Authorities traced 468 BTC – a significant amount – linked to the case and have resulted in the arrest of Tomáš Jirikovský, a programmer behind the Sheep Marketplace platform. This case demonstrates how blockchain technology can be used to track criminal activity and reveal connections between Bitcoin transactions and real-world events.