Do you really think those purse_N mnemonic phrases are generated by exchanges themselves?
I think they are more likely just linked to the blockchain and send the generation trigger with front-end to Monero wallet
RE: Tutorial on Bitcoin laundering with the help of Monero
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Tutorial on Bitcoin laundering with the help of Monero
no, exchanges generate themselves
it's an easily-embeddable leverage taken directly from Monero blockchain
there's the issue with privacy on exchanges however
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no matter what exchanges generate, when it happens on the level of Monero blockchain, the seeds and addresses are mixed, so the real sender of money is always untraceable
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