So, I came across this report:
https://www.politie.nl/nieuws/2022/september/13/03-man-opgepakt-witwassen-cryptovaluta.html
(I used Google Translate)
Looks like we might be talking about someone who created a shady version of Electrum or something related to it from way back when it was getting hit hard and a ton of crypto fans lost cash. This dude seemed to be trying to clean up and stash the stolen funds, but the cops managed to track him down. I bet it wasn't easy for the Dutch Police to find him at his home, and now they've taken all his stuff as evidence. Unfortunately, the money can't really go back to the victims, but I hope this guy gets a solid sentence for what he did.
Returning the stolen coins may still be possible if the police can trace the addresses but that isn't a major problem than to find the coins intact if it has not been converted and lavished. Hackers have a lifestyle of rough living and being irresponsible. To verify the addresses and send the coins back I don't think it is that much of the challenge.
Why? It literally says [English below] Allow me to quote the whole thing:
Since this is posted in Legal, I'll move this here:
After reading it again, I'm starting to think the guy was just trading:
Let's say he offered both Bitcoin and Monero for sale:
For 1 Bitcoin, he sells you 125 Monero.
For 140 Monero, he sells you 1 Bitcoin.
As a trader, those are very easy money makers if someone takes it! I'm starting to wonder what part of this would be illegal: if I do this at an exchange that's not P2P, I'm just very good at trading, right? Buy low, sell high! I don't need to worry about the source of the money I'm trading, just like I don't have to worry about the seller when I buy shares of a company. What's different here? Does P2P trading have a different legal status than trading on an exchange?
The only difference I know from trading on exchange and trading on p2p is the source of funds coming into our bank account, in p2p we receive the money from buyer so he will send funds from his bank account to us unlike exchange the funds will be transferred from their bank account so we don't have to worry about the source of funds but in p2p it can lead to seizure of account completely if we trade with one wrong person.