Localbitcoins claims Tor browser exposes users to risk of Bitcoin theft

posted 11 months ago
Localbitcoins has a banner on its website stating “Warning to all Tor users: A Tor browser exposes you to the risk of having your bitcoins stolen." It remains unknown whether the banner is visible only to those who access Localbitcoins via Tor. The motivation behind the move also remains a mystery, with executives yet to comment.

Compliance expert Richard Bensberg said “The warning presents Tor, which is traditionally associated with more private browsing, unfairly, and other browsers such as FireFox are theoretically just as vulnerable. I (don’t) believe for one minute it is well intended. Name me one exploit in Tor that is not valid in Firefox.” The episode comes as Localbitcoins creates ire among Bitcoin proponents over its steadily increasing identification requirements.
Tags: blockchain, opinion, news, bitcoin