How
are
Bitcoin transactions traced?

Governments can more easily track fraudulent BTC 

transactions by identifying the person behind a 

Bitcoin wallet address as a result of increased

legislation and surveillance. A number of governments around

the world has recently seized millions of dollars 

worth of cryptocurrencies. Criminals attempted to purchase

cryptocurrencies like Bitcoin as anonymously as they 

could after realising the opportunities that blockchain technology offers.

In the end, many fraudsters found this to be unsuccessful,

and it can be said that Bitcoin transactions are not entirely anonymous.