A recent announcement by the National Bureau of Investigation (NBI) in Finland, claiming the potential breakthrough in tracing Monero transactions, has sparked scepticism among privacy coin enthusiasts.

Despite the NBI's assertion, Monero supporters maintain that the cryptocurrency remains untraceable, challenging the agency's ability to effectively monitor or trace its transactions.

This dispute arises amid the backdrop of law enforcement's ongoing efforts to penetrate the veil of anonymity provided by privacy-centered digital currencies like Monero.

The controversy underscores the tension between privacy advocates and regulatory agencies striving to combat illicit activities while preserving the integrity of personal financial privacy.