Topic: 4,836 Hacked BTC from Binance laundered through Chipmixer - page 3. (Read 917 times)
Chipmixer main use is to have a privacy on your cryptocurrency. It's not there fault if someone use it for money laundering since there service is fully anonymous. You can compared it to Bitcoin, It is a cryptocurrency that use to send money to other people without the use of any third party services, But people can use it too on buying drugs and other illegal stuff, Does that mean that it was Bitcoin fault when it was used for illegal activities?
The same goes you receive your salary from your employer, you never know it's from legal or illegal.
[1] https://en.wikipedia.org/wiki/Pay_what_you_want
You guys certainly talk a lot about morals and ethics but you accept the payment that came from the commissions of someone who did the wrong deeds, Anything in your defence?
I disagree, AFAIK Chipmixer doesn't have minimum fee because they use pay what you want [1] means you could mix the coins and pay 0% fees. So they didn't get any profit/commissions from the scammer, unless the scammer want give a donation.[1] https://en.wikipedia.org/wiki/Pay_what_you_want
P.S: do you get paid extra for writing bullshit?
SmokerFace found a good way to elicit responses so that he can keep posting bullshit without breaking the multiposting rule. AKA trolling. As long as we keep feeding the poor delusional creature, this will continue.
I still don't understand what Chipmixer is, as far as I can see there are some high ranking members using Chipmixer signature, I guess Chipmixer is like a typical bounty project? is this some kind of special exchange and only for people who want to sell some of the coins earned from hacking the exchange?
Well, if it isn't the vindictive account trading asshole. This is gonna be one of those threads, huh.
SmokerFace: *Criticises ChipMixer**
PokerPlayer [DT]: *Compares with killing someone**
Flython: *Asks a question adding "High ranking member"
suchmoon aka suchgay aka Chipmixerpromoter: "these are going to one of those threads" **while denying the truth
Smokerface: **wonders what kind of threads**
P.S: do you get paid extra for writing bullshit?
SmokerFace found a good way to elicit responses so that he can keep posting bullshit without breaking the multiposting rule. AKA trolling. As long as we keep feeding the poor delusional creature, this will continue.
I still don't understand what Chipmixer is, as far as I can see there are some high ranking members using Chipmixer signature, I guess Chipmixer is like a typical bounty project? is this some kind of special exchange and only for people who want to sell some of the coins earned from hacking the exchange?
Well, if it isn't the vindictive account trading asshole. This is gonna be one of those threads, huh.
I still don't understand what Chipmixer is, as far as I can see there are some high ranking members using Chipmixer signature, I guess Chipmixer is like a typical bounty project? is this some kind of special exchange and only for people who want to sell some of the coins earned from hacking the exchange?
P.S: do you get paid extra for writing bullshit?
Who knows
How does it make you feel @ChipMixer Promoters that you're paid with the Commissions from the hacker who used ChipMixer?
How will they feel? The same as a cutlery manufacturer when a madman kills someone using a kitchen knife.
P.S: do you get paid extra for writing bullshit?
How does it make you feel @ChipMixer Promoters that you're paid with the Commissions from the hacker who used ChipMixer?
You guys certainly talk a lot about morals and ethics but you accept the payment that came from the commissions of someone who did the wrong deeds, Anything in your defence?
The story is 2 yr Old.
Reddit: https://www.reddit.com/r/Bitcoin/comments/cnoruc/4836_hacked_btc_from_binance_laundered_through/
Article Source: https://coinworld360.com/hacked-btc-from-binance-laundered-through-chipmixer/
Quote
Attackers started laundering the stolen funds in a month after the hack
Following a major Binance’s security breach that resulted in a loss of 7,000 BTC (more than $80 million at press time), hackers started to launder the stolen funds on June 12, 2019, according to research published by Luxembourg-based crypto capital flow firm Clain.
As Clain noted in the study, it was pretty straightforward to trace the subsequent steps of the attackers as it is “practically impossible to launder big volume of coins in a relatively short period of time.” As such, the researchers managed to detect the initial pool of hacker’s addresses, while further extraction of those addresses allowed them to recognise subsequent alteration to ownership of stolen funds by using a neural network, the btc news ays.
Hackers caused highest historic inflows on crypto tumbler Chipmixer
As Chain discovered, the funds stolen from Binance were directed to crypto tumbler Chipmixer, which reportedly experienced a historical high of fund inflows. Clain added that the abnormally high volume allows one to assume that any outflow coming from Chipmixer these days is likely related to the same owner.
Process of how it was done: https://clain.io/blog/post/binance-hack-2019-deep-dive-into-the-money-laundering
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