Once you figure out who owns specific address, you can trace every one of their transactions. It’s part of crypto being a public, decentralised network.
It’s public but if your country doesn’t regulate cryptocurrencies heavily, you might be able to use it to anonymously move money. Sure it’s public, but you don’t know who 0xdeadbeef2537494946 is
The difficulty comes from figuring out who owns which address/wallet. But transactions are entirely public.
See https://help.coinbase.com/en/coinbase/getting-started/crypto-education/what-is-the-bitcoin-blockchain for a simple explanation. Anyone can trace any bitcoin/cryptocoin or whatever from address to address. But that doesn’t tell you who owns the addresses (which is where the drug users come in).
Once you figure out who owns specific address, you can trace every one of their transactions. It’s part of crypto being a public, decentralised network.
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It’s public but if your country doesn’t regulate cryptocurrencies heavily, you might be able to use it to anonymously move money. Sure it’s public, but you don’t know who 0xdeadbeef2537494946 is