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hallwaymonitor

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  1. We could but the experience would be similar than dealing with Carol Beer from Little Britain.
  2. Well the story continues and after this I will try to not track further. From this Blue Helix account (https://xrpscan.com/account/rNWLvz9K5bgNcLwUDPAKgnmfopZx3zSvg3) they continued to transfer as follows: https://xrpscan.com/account/rskZBJCS5ZygxsP2tAZ2gRCwSuyh9dgaXM https://xrpscan.com/account/rKkJHcPqMnNq4EWHrPMvmDRjt5DFEWJZfy https://xrpscan.com/account/rwG47yUPEmHnKwxa59F2Jh8T98JG72sx66 From the latest account they seem to transfer to other anon accounts and also to various exchange accounts (such as FCoin, UPbit, Bittrex, etc.). They seem to cover their tracks by making lots of transactions and also transferring in and out of crypto exchanges hoping to camouflage their iilegit XRPs with the legit XRPs within exchanges somehow.
  3. It is not XRP/ODL at least for these reasons for now: "blockchain-based". Every time I hear this euphemism I associate it to some kind of centralized DLT system that the FI is using. In this case Santander is probably referring to xCurrent plumbing which they have white labeled as their own blockchain-based payments system. xCurrent is blockchain-based because it applies blockchain technology but that doesn't make xCurrent a blockchain. "Instant transfers". ODL or xRapid is not instant. One ODL tx takes a minute or two to complete. xCurrent is instant because you only send data and have pre-funded money already sitting at the account. "we’re actually covering 50% of all the FX payments that the Santander Group does annually". Clearly not XRP related because we would see that kind of volume on XRPL Ledger. Last but not least Bitso's XRP/MXN liquidity (although growing) is still way too low for something as big as Santander. Even the CEO of MGI said they would like to ramp-up their ODL faster but Ripple could not meet the demand as fast as the CEO desired.
  4. Manual monitoring still makes sense in this account where they had 484,775,570 XRP but today they have "only" 384,775,619 XRP left. Thus, they will very, very likely sell those 100 million XRPs in various exchanges little by little. So, the selling pressure could be expected from this account for the next 6-12 months or so to open XRP markets. https://xrpscan.com/account/r3C9BXmTtiDLhxH76cWP6vbyDEkbtxANzo
  5. They have started to split and recycle transactions more and more. Thus, there is not much point to track these transaction manually as I have been doing. Here is one example in chronological order: https://xrpscan.com/account/reLaS7S4e8cndQxgWZ5ANAT7sY6EFzY2U https://xrpscan.com/account/rJ51MEYPYRkPppJQBvGid5GE3rekqwhrMG https://xrpscan.com/account/r3gkBjfJW4DoZW6dKyodfxgmxZCTBupj9H https://xrpscan.com/account/rwG47yUPEmHnKwxa59F2Jh8T98JG72sx66 https://xrpscan.com/account/rNWLvz9K5bgNcLwUDPAKgnmfopZx3zSvg3 At the moment they have these 300k XRP sitting at Blue Helix exchange.
  6. Yeah. I really like the fact that the Bitso and Interbank has started to working together. Here is my prediction: Q1/2020: Official press release comes out that Bitso will open its operations in Peru. Q2/2020: XRP/PEN (Peruvian Sol) starts trading in Bitso. Q3/2020: hallwaymonitor spots for the first time some testing like ODL traffic from Bitstamp (USD) to Bitso (PEN). Q4/2020: The ODL traffic from Bitstamp (USD) to Bitso (PEN) starts to ramp up (just like the MGI has been doing within USD-MXN corridor during this quarter). Hopefully the new RippleNet Home software will facilitate similar partnerships during 2020. https://www.theblockcrypto.com/post/43176/ripple-coinbase-invest-in-crypto-exchange-bitso-to-help-it-expand-beyond-mexico
  7. I think the current cash management model will mostly be applied to cryptocurrencies in this case. For instance, it is not sensible that you go to ATM and withdraw part of your legal taxed paycheck and some of the currency notes happend to contain a tiny bit residue from cocaine. Then police catch you on the street with their sniffer dog and then you end up to court of law to face charges of drug dealing. Of course this is not likely scenario. The same principle should be applied to these scammed XRPs from PlusToken. For instance: 1. The suspected scammers move portion of "their" XRP to Bitstamp which is Ripple's preferred ODL exchange. 2. They then place pending order: Sell XRP / Buy USD. 3. After that MoneyGram initiates ODL transaction which starts from Bitstamp where they set limit order: buy XRP / sell USD. 4. At least some of the orders match and the trade is executed with a certain XRP/USD price. 5. ODL transaction transfers the scammed XRPs from Bitstamp to Bitso on XRPL and so on. Of course both RippleNet and MoneyGram are still AML compliant even if above steps from 1 to 5 would happen because cash notes that has been used illegally previously flow through legal entities everyday without problems.
  8. Thanks for sharing. Here is the original source of the article for those that have paywall from Wired site. https://www.cl.cam.ac.uk/~rja14/Papers/making-bitcoin-legal.pdf They say that XRPs are fungible (and they are) but you can still unravel each XRP coin to the genesis ledger. Oh, the first 30k ledgers are messed up but you get the idea. Manually this task would be time-consuming and hence new software would be ideal.
  9. UPDATE: They transferred ~450k XRP from rBPqy3Mresu8SuBseMkZcV5BwAYB9G278S to here: https://xrpscan.com/account/rDz4iQA2abCkQZv9rtE7qLSr3VTtbXZZsN They transferred ~500k XRP from r3YsqcHrRfRYs1i7uw2WiBUAqMQu34M1ni to here: https://xrpscan.com/account/rE3CLiCLnu1Vr1c8Ux63zyghegWxq1z4o Also the accounts in below seems to be involved: This account sent 100k XRP to OKEx exchange. If we assume they sold these 100k XRPs then there is "only" about 484,675,570 XRPs left to be sold. https://xrpscan.com/tx/A4EB619217D7B1946647353E0D0B8DA82604B9028CC72771947A3A2E34FC4EA4 https://xrpscan.com/account/rfqyxmvU4HSSag3kdLrKY65P8eNGwjzKhu ~420k XRP here at the moment: https://xrpscan.com/account/reLaS7S4e8cndQxgWZ5ANAT7sY6EFzY2U
  10. They sent from those accounts to the new accounts over and over as if trying to cover their tracks. I drilled down from account to account like 10+ times until I reached out the end. I managed to find only two accounts in below by doing this manually. This is less than 1 million XRP. There are (and probably will be) several other similar accounts. I have a bad feeling about these XRP funds based on the effort and planning that they have conducted to transfer these XRPs multiple times. ~450k XRP here at the moment: https://xrpscan.com/account/rBPqy3Mresu8SuBseMkZcV5BwAYB9G278S ~500k XRP here at the moment: https://xrpscan.com/account/r3YsqcHrRfRYs1i7uw2WiBUAqMQu34M1ni
  11. I don't know. First of all I'm not familiar working with APIs. Then some (if not most?) exchanges might not even have APIs. Even if I could all the data to Google Sheets then the data consolidation part could still leave quite a lot manual work because exchanges provide the trading history data in different format. Anyways, I can live with this.
  12. I calculate my taxes in Excel and take screenshots from various cryptocurrency exchanges with date and time stamps if needed. Everything happens manually. This is very error prone and time consuming task. It would be wonderful to have a intelligent software that pulls all my trading history data from several exchanges, then compiles all that data into one nice consolidation table that calculates all profits/losses per each digital asset automatically within the chosen time frame. HINT: it would be beneficial to have a functionality that somehow takes screenshots or PDF-files from the trading history of each cryptocurrency exchange with solid date and time stamps. This data might become handy if AML personnel calls to you and request them.
  13. "They will also have the option to use On-Demand Liquidity, which leverages the digital asset XRP for cross border payments." - I find the above quotation from the article most exiting. Finastra’s hundreds of banking customers will have access to xRapid (= ODL)! For instance, bank A used to have 10 million MXN on average in their nostro account in Mexico but now they could have just 1 million MXN there and use xRapid to source liquidity for the rest of their MXN needs. This frees up 9 million MXN from their nostro account which should decrease the capital (e.g. USD/MXN hedging) costs. "This partnership will give Ripple’s more than 200 customers access to Finastra’s extensive network of banks" - Does this mean that Finastra will be as if Earthport acting as payment hub that has been connected to RippleNet? Earthport was acquired by Visa with hefty premium. "Collaborating with a company like Ripple that harnesses innovative blockchain technology to provide fast and reliable cross-border payments is particularly beneficial for our customers in geographies where cost of correspondent banking is high" - xRapid is targeted especially for those geographies (Mexico, Philippines, etc.) where the costs of cross-border payments are high.
  14. If you have lots of hard drive space and enough big data capabilities then you can download the "entire" thing. I expect the first 32570 ledgers are still not included to this massive data set.
  15. Monitoring order books is generally very confusing because there might be fake sell/buy walls and all sorts of shenanigans going on. That's why I have basically ignored the order books thus far and concentrated on the live trades because they represent the reality better. My assumption is that the existing xRapid XRP/MXN market makers in Bitso don't keep their orders visible in the order books all day. Instead, they will probably know somehow in advance when the next xRapid txs are coming to Bitso from Bitstamp via XRPL. Thus, right before the XRPs land on Bitso's account the market makers initiate buy XRP / sell MXN orders and right after that the xRapid takes those orders and hence we see unusually big live trades (such as that 77,000 XRP trade) in Bitso. To put my assumption to the test I'm going to monitor BUY ORDERS and MOST RECENT TRADES sections in below link when I will get the next opportunity such as in below picture. https://bitso.com/trade/market/xrp/mxn
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