Monero coin, which is a privacy coin, is identical and vulnerable to being used as a source of funding for transactions that are illegal, and even many government circles continue to strive for this coin to be monitored regularly. Considering the massive transaction actions and the occurrence of terrorist financing, this coin is the most suspected coin by the government of any country that is very active in overseeing cryptocurrency exchanges.
Unlike Bitcoin, which uses Blockchain technology to store data such as recipient addresses and transactions, with accurate time and amount.
The risk arises because they (Monero) make money anonymous. How can this make people assume that the transactions carried out in it are carried out by trusted parties?
Then this coin is a Hacker's Favorite