Topic: Any problems with *CHIPMIXER* coins? (Read 843 times)

Yes, any mixer could be the target, the authorities are most likely watching them all, and they are potentially at risk of getting seized, but that does not mean they are going to be seized. There was 4 years between bestmixer getting seized and chipmixer getting seized.

I agree that the bigger a mixer gets the more attention it would get.

A lot of exchanges (KuCoin, Robinhood, Bittrex, etc.) use ChainAlysis's KYT[1] already (and probably reactor too[2]).

[1] https://www.chainalysis.com/chainalysis-kyt/
[2] https://www.chainalysis.com/chainalysis-reactor/

But it also means that any mixer could be the next target. It's not too strange if a mixer is involved in money laundering, the larger the mixer, the harder it is to judge. Who knows when they started investigating 

Personally, I think they are just doing it to make sure they are doing the right thing legally, suspicious transactions will be sent out, but it certainly won't be investigated too deeply, they don't really do it because they want, they do it because the government wants 

No, I do not think they would meet the same fate. The recent series of events shows that the government has been monitoring chipmixer for a while now, maybe since its inception and only now found a reason to fully come in for it, making it only the 2nd big mixer to be seized that I am aware of.

Other mixers are surely under the radar of the authorities, but are not at this of meeting the same fate. They are not illegal and can only be indicted when there is strong proof of illegal flow of money through them.

Bitmover was trying to say that the exchanges would only scan the surface of the transaction history, maybe through an automated system and would not scrutinize all the details of previous transactions nor go too far back.

There are so many reasons for a low feerate transaction besides me sending to myself.

Just a bit curious about this, as I haven't seen it in the news lately, I was told that Chipmixer is banned for money laundering, so, what about other mixers? After Chipmixer, a series of other mixers took the throne to replace it, do you think we will meet the same thing in the future? It's like I'm talking about something illegal, maybe 

I was about to say the same thing. Not only is the low sat/vbyte a way to identify that it is the same wallet owner transferring between their addresses, the coins still link to chipmixer coins that are probably all linked to chipmixer at this stage.

The best solution is to use a current mixing service and/or to use instant, kyc free utilities to move into more private blockchains and then to the chain of choice. Sending transactions to your own address is a band-aid solution, if it could even be considered a solution.

But if, exchanges system made an alert, let's say false alert and then they check to be sure and discovered that you did 5 transaction the way you described, won't it be much more problematic case? It looks very suspicious, at least for me, to send funds that way and I think that won't be hard to detect for exchange algorithms.

---

I think, and logically this should be the deal, if you haven't done anything illegal, you should be safe. But, in order to get rid of any possible unwanted problem, to my mind, it's good to send funds from that address to your another address (if you have) which is active and clean, then from here to your friend's address and then from your friend's address to another friend's address who has Binance.
If you don't have that many friends active in bitcoin world, then I think it sounds good to exchange bitcoin in altcoins via some non-kyc exchanges which you can search on BestChange and then get those altcoins on your exchange account.
Another possible way to solve this problem is to do this: If you have friend in less crypto-regulated country and services in that country don't block their customers so easily or on another hand, they don't care about source of crypto, then you could probably use that help of a friend.

ATMs were already mentioned, p2p exchanges were mentioned. I'm not too knowledgeable in this task, so take my advice with a grain of salt in this case.

Exchanges will only know when the related input is connected to any of the known mixer addresses but that's very much unlikely as Mixer won't do that mistake knowingly. Binance had once frozen a transaction from ChipMixer (or any other) though later they released the transaction. If they want to know if someone is using a mixer, I guess they can through the help of on-chain analysts & I guess exchanges use such services. Otherwise, how on-chain analysts are making money  LOL.

Thank you again, I watched the video, you are correct from this point I don't disagree with you on this, exchanges will not bother and pay more money in order to scan every bitcoin transaction they receive, that will cost a lot of time and money.

For small amounts of Bitcoin, this is definitely not a problem. The problem will be with large amounts, which are naturally attractive. My question is, can it really be completely hidden?

The question is another way, if the exchange suspects any user who has deposited a large amount of Bitcoin and does a deep analysis of the deposit address, wouldn't it be able to tell that the Bitcoin came out of the mixer earlier? Even if CoinJoin was used in the last wallet? this is the question.

It is true that this costs a lot of fees but it is still possible if the exchange wants to do it, right?

Well that's not a good sign! Are we allowed to know the reason(s) why? I mean I can imagine why this was asked, but am more curious as to why (who?) it was recommended by.

If it's asked that staff don't engage in advertising mixing services, then it begs the question as to why it's generally not recommended to users of the forum in general...

Glad to see you found another signature campaign (not mixing or gambling) to be part of at least.

You can watch the video from Antonopoulos. Exchanges cannot make deep bitcoin analysis of every satoshi it receives, otherwise they simple won`t receive from anyone. Because a lot of coins have one time been in a mixer or casino at least once. There must be a limit to how long they will make a blockchain analysis.

Mixers are certainly not a 'trap'   and they are not a great risk for people who use it.

Well, thank you for alerting me to read before posting, but I did. I read the solution that you provided in the first comments, but I did not like it, just as other members did not like it. This is a quote, for example:
I also think so, I think even with the solution you provided it is still possible by deep analysis of the blockchain to know that this bitcoin came out of the mixer.

That's quite unusual from theymos, I can't believe so LOL.
Respect your beliefs.

Nevertheless, what you are currently promoting (me too), doesn't it fall in the same category as a mixing service? In my opinion, it does. The only difference is they are mentioning themselves as an exchange (No KYC). How theymos is approving this?

My bad, I have gone too far off-topic in this thread I guess.

Well, there are many solutions. Some good solutions are in the first page of the topic.

But you won't find them if you don't read the topic before posting 

Eli5: just make some transactions and /or split coins before sending to an exchange.

It is really unfortunate that mixers have turned into a trap, instead of mixers completely concealing identity, any bitcoin that comes from the mixer has become a source of great concern that puts its owner at risk!!!

I don't know how but there should be a final solution to this problem, if the centralized exchanges are able to detect the bitcoin coming from the mixer then what is the point of the mixer?

Depositing ChipMixer mixed coins can potentially raise red flags with regulators or tax authorities, especially since ChipMixer.com has been seized. Generally, mixing coins can be seen as an attempt to obfuscate the origin of the coins, which may lead to suspicions of money laundering or other illicit activities.

I think it's important for your friend to consider the potential risks and consequences before selling these mixed coins. Depending on the jurisdiction, there may be legal requirements for reporting cryptocurrency transactions and paying taxes on any gains.

Probably, it would be a good idea for your friend to consult with a lawyer or tax professional who has experience with cryptocurrency transactions. They can provide guidance on how to stay compliant with relevant laws and regulations, and may be able to help mitigate any potential risks.

I was told by all of you the reason but I wanted to keep it untold to the public space in case some of you feel uncomfortable. But now I can freely talk :-D

We (staff) were asked to stop advertising mixing services.

As for gambling services, then that's simply because of my religious beliefs.

During the past week, 4 staff members were deleted from two different mixer campaigns at the same time, and I don't think they were removed because of the quality of their posts as two of the members were advertising for one of the campaigns for more than a month.

It's assumptions and I may be obsessed with what happened, maybe I should stay away from thinking about this case.

- Yamane

Who? I only found OmegaStarScream, and he's now avoiding mixers and gambling altogether. That doesn't leave much else to advertise.