Has Monero been traced?

Has Monero truly escaped the clutches of traceability? Given its reputation for being a privacy-focused cryptocurrency, many enthusiasts believe it to be impregnable to tracing techniques. However, with the advancing technologies in blockchain analysis, is it still feasible to maintain complete anonymity with Monero transactions? Has there been any documented case where Monero's anonymity has been breached, or is it still holding strong against all forms of surveillance? Could its use in illegal activities potentially lead to its downfall in terms of traceability? And what about the future - with continued research and development, could there be a breakthrough that would compromise Monero's anonymity? These are the questions that linger in the minds of those who value their financial privacy.