Topic: [ANN] ChipMixer.com - Bitcoin mixer / Bitcoin tumbler - mixing reinvented - page 10. (Read 92793 times)

by now chipmixer is gone. What are the best alternatives right now?

Can someone explain me where the benefit of having all those private keys  from every single mixing order is ?


Because the pre funded wallets which the user gained access after receiving the private key from chipmixer were public anyways on the blockchain.


So what i dont understand is, there is no extra gain of tracement only that the LE is having the privatekeys or am i having a wrong conclusion?

I recommend you have a browse through the court document to see the investigation into him (starts around page 28):
https://www.justice.gov/opa/press-release/file/1574581/download

Unfortunately, having clearnet sites and un-encrypted emails with google/yahoo/protonmail etc means it only takes one slip up. Basically warrants for information went to numerous services from email to social media to exchanges, leading them eventually to him via different alias'. Whether he was simply involved with hosting the clearnet site, or even just a user, rather than admin, is another story though as the evidence seems to lack his direct involvement. Unlike with previous darkweb market takedowns for example, it's usually a requirement to catch the suspect "logged in" as it were, for concrete evidence.

Ie they connect him through clearnet registration to email to to recovery emails to crypto addresses to exchanges to KYC, nothing more than joining dots together with a lot of warrants for information to different service and providers. At best it's a fishing expedition and he's found not guilty of money laundering and operating chipmixer and only found guilty identity fraud imo, but don't want to speculate too much over his guilt tbh...

The problem with the smartest people is that all it takes is one human error, and it can be the start of an investigation...


No need, the US already created one. Ideally the 60 page document would be summarised here so others can understand the claim a lot quicker.

Personally, I do not imagine that these guys failed to hide their identities, although their history proves how smart they are. The name of the suspect that was announced may have been used as his identity only and has nothing to do with the matter. I am not going to open an investigation here, and all I want to say is that things are open to many scenarios as long as Chipmixer keeps data on servers like any centralized website.

No. It is likely that the funds do not rightfully belong to ChipMixer from a legal standpoint, but instead to their clients. (Not sure if the term "legal" is appropriate in this particular context.)


Actually, that's not quite right. When you use ChipMixer to mix your coins, you receive "chips" after depositing your coins. These chips are essentially pre-funded addresses owned by ChipMixer, and you're given the private keys to withdraw the funds. However, not everyone immediately transferred the funds from these chips to their own wallets, which resulted in the funds being confiscated.


I presume that these are the unutilized chips that were available on the platform for the company's operational requirements, as well as the chips belonging to customers who did not withdraw them to their external wallets.

It probably isn't fiat money. That 40 million euro is probably what they calculated the seized amount of BTC (1900) is worth.

This is one article that i read about this chipmixer One of the darkweb’s largest cryptocurrency laundromats washed out.
I don't what is the authenticity of the claims mentioned in the article but one thing is extra ordinary i read in this article. It says that almost 40 million Euro were seized.

Now the question is this 40M Euro belong to Chipmixer? I don't think that people who mix their coins on chipmixer, their money is stored there because the money is moved to the user's wallet as soon as the mixing is done. So where does this money comes from and why it is stored at chipmixer?

So that the manhunt can begin with the help of the public. They probably weren't able to locate him so far. You can't extradite or try someone you have not arrested yet.

They announced his name because they need your help to locate him

Maybe it was and it was rejected, who knows at this point. The fact that Vietnam police weren't collaborators in this case says a lot imo, at least not officially on seizure page etc. At least that they didn't lift a finger by sounds of it. Also sad to hear that keys were kept, as far back as a year or more as reported in the thread. That's likely where a lot of the confiscated Bitcoin came from that easily could have been avoided...


Personally I've left neutral feedback for ChipMixer referencing the domain seizure as I think that's fair and appropriate given the developing situation, but makes me wonder whether referencing the chips lost should also be done. It's clear that ChipMixer hasn't exit scammed and it's not possible to get scammed at present as the website isn't even available to mix coins anymore, but surprised to see that nobody has bothered to reference this in CM's feedback so far to be honest. Even if the damage is already done as it were. I imagine anyone on here with lost chips would benefit from being aware of the situation though...

It's because he have been identified by the Interpol already, and Vietnam is a member country of the Interpol. And for all we know they could have been working with their counterpart in Vietnam for his identification. And once they are sure of it, they released his name, but it didn't mentioned that he has been caught or apprehended.

Now, as to the effect of the seizure, yes, it's very unfortunate, and I think it's an attack to our privacy.

I do not understand why the name of the suspect was announced so quickly before an official request was submitted to the State of Vietnam for his extradition or trial. And if an indictment file was prepared before the site was shut down, why was the suspect not arrested before his name was announced?
It is very unfortunate to know that ChipMixer kept the keys to the chips.

A bit difficult to centralize the discussion since there are multiple topics about CM, It's scattered.

Ok I'll just throw out something with what I know:
Things may become very ugly, and maybe worse than you might think.

(Remember all the problems ChipMixer has been facing during its lifetime, whatever about the website security, ddos, etc...)

I finished as well to read the PDF published by The US (posted here or in another topic).
It's either not the truth or incomplete. And Chipmixer is labeled as a noob in cryptography but for sure it is not true.
And there have been mistakes done that I think are unthinkable in this industry of mixers

As far as I know, Vietnam is a member of Interpol. So if Nguyễn is internationally wanted and eventually caught, he can be extradited at the request of any country, including Germany and the United States. However, trying to catch someone worldwide can be a really difficult task, even for Interpol. For example, Do Kwon was internationally wanted almost six months ago, but no one has caught him yet.

I asked them this question when Bestmixer was seized and their answer was very vague, I hope they have plans.

Can confirm, they stole a chip of mine a friend of mine that he hadn't yet spent. :/ Really fucking bad practice of ChipMixer to keep private keys, not gonna lie.
It was still there today morning and even when the news broke here; I he had not considered that private keys may have been backed up on CM servers to be honest.

Fortunately, all my Bitcoin transactions go through my own node which I connect to through Tor, as I always recommend.

I guess they just found a security hole and took over the server(s).

Excellent analogy.  I suspect you're right about the way they infiltrated Chipmixer's systems.  But as for the timing, it's interesting how these things regularly happen right after reports surface of their own shortcomings, failures, and downright abuses.  It's almost as if they're intentionally trying to distract us from something else...

I'm curious to know what happens later. Ok, so let's say you know where the founder lives, or where the servers are located. Do you just break into his place? As far as we know, he isn't caught yet, so they didn't force him to hand over any keys. They must have broken into his place, and access the drives without him knowing anything.

My guess is they tracked the servers when they were still accessible through clearnet, possibly infiltrated them and then took their time to build a case & take it down when everything's 'ready' (i.e. today).
Moving to Tor-only after the fact is similar to moving a seed from a software wallet to 'cold storage'.

According the Department of Justice (yeah, that's what they actually call themselves missing the Orwellian irony,) he's been charged, but the press release makes no mention of an arrest.  I don't know if Vietnam has an extradition policy with the US or Germany, so it may be difficult for them to impose their injustice upon him.  Let's hope.

I don't think so. It appears that there is a warrant issued for his arrest, however, given that his name has now been added to the FBI's most wanted list, I assume that he has not yet been arrested.