Topic: eXch - instant exchange BTC / LN / XMR / LTC / ETH / ERC20 - page 54. (Read 30738 times)

The worst of what potentially can happen is our clearnet domain name seized, in which case we will just switch to some other domain without interruption of operations.

...which in our case is a nearly impossible task as they will have to break various cryptography standards and decentralized systems in order to reach at least one of our physical ends.

However it's not the first time we receive a court order and provide no data with a reference to our ToS, so I doubt anything will happen at all. Once the process is concluded, it should be publicly available at their .gov site, so we'll just grab some popcorn and read it.

eXch was not charged with anything up to this date. We got one subpoena from a court in Germany 3 months ago and another one from U.S. Secret Service delegated by a court 7 months ago. We weren't notified about any outcome. It indicates that the cases were either archived or are still being elaborated. In any case, these orders assume requesting data from us in a role of a service provider, not the heist originator, therefore it's doubtful they will come with any enforcement action addressed to our service at all since our service is not even USA/Germany based, nor we have any entities that could be exposed to extradition risks.

Apart from that, we had many other requests this year coming from different police departments around the world related to cybercrime investigations.

No data was disclosed from our end to any of these.

We are also working on creating a /transparency section at our website that should be live this month where we will publish each received LE request.

We are very proud to be able to fight for the cryptocurrency neutrality and provide resilient services aiming to countermeasure censorship.

Have some of the previous processes already been concluded or are they still open?
If they were linked for similar charges, can we know the epilogue? Guilty, innocent, some specific penalty or what?

I think this is subjective because you are here and thousands of people have probably never even heard of this iconic place. I also do not agree that Bitcointalk is the best way to learn about something new... if I may, I would rephrase it in the spirit of “Bitcointalk is the best way to learn about some reliable and trusted service.” In the end, my opinion is also subjective. 

However it's not the first time we receive a court order and provide no data with a reference to our ToS, so I doubt anything will happen at all. Once the process is concluded, it should be publicly available at their .gov site, so we'll just grab some popcorn and read it.

I am fine with all kind of translations in case there is some interest in doing so. This is a community after all.

Our policy is to do the same, except producing information related to exchanges since we don't have it nor obligated to have it, because we do not operate with any financial instrument according to the current legal definitions of cryptocurrency.

They may not look so popular here on this forum but apparently outside this forum they indeed are, judging by their volume

Today we were COMMANDED to appear before the GRAND JURY, however, unfortunately all our customers data was lost in the boating accident during transportation of our servers over a river just right before the receipt of that subpoena. Reportedly.

I don't know why the sensation is that the subpoena is not such a big deal but I am worried about eXch. What will you do? Are you going to face them on November 16th...? Or... are you going to be absent and see what happens...?

Besides, I see in that paper that it's stated that it should not be made public... What if they will find about the post from the forum?

Now, in regards to law enforcement requests:

eXch was built with an idea to make operators identity disclosure practically impossible so the service can be resistant to law enforcement. Operational security was our priority #1 from the first steps of the project creation.

We have very strict data retention policies that can be compared to most mixers on this forum. We do not log IP addresses (having .onion domain is a proof for that) or any other user metadata and delete order database records 15 days after order completion. We also provide users with an option to request data deletion immediately after order completion which can be done by pressing the "Delete data" button at the order's page (you can find more information at https://exch.cx/tos).

Keep in mind that we don't differ from any mixer on this forum in regards to risks associated with unwanted data disclosure, since any mixer is also a centralized entity that uses the same database technology as we do and a single database can become a weak point of any service anytime, independently of how many times their marketing speech repeats the words "privacy" and "anonymity". We don't use these words much and instead we use full disk encryption on all our servers to prevent any unwanted situations as much as possible. An unexplained reboot of some server is a sign that a server was compromised and it's a clear attempt to compromise our LUKS keys with a modified bootloader.

We do not cooperate with law enforcement nor have to do so, since we are an anonymous entity that works with cryptocurrency only. A few events that could serve as a proof:

• A notorious blockchain analysis company SlowMist listed eXch as a mixer after Tornado Cash in their 2023 mid-year report https://www.slowmist.com/report/first-half-of-the-2023-report(EN).pdf because we haven't handled any data to them when they were providing assistance to some law enforcement agency in an investigation. SlowMist is a contractor of many LE agencies and if we were their friends who provide all the data, this is how they would treat us: https://twitter.com/MistTrack_io/status/1699926525229863003 (Nitter link)

(Note: they were only able to gather these statistics on the Ethereum blockchain, since we use a single aggregation address 0xf1da173228fcf015f43f3ea15abbb51f0d8f1123 for all Ethereum & ERC-20 exchange operations)

• We have rejected all the data disclosure requests from LE regarding this particular event - https://twitter.com/MistTrack_io/status/1626786730392305664 (Nitter link) - then the same entity comes back because they know we haven't disclosed anything - https://twitter.com/MistTrack_io/status/1701608380941717938  (Nitter link)
• Rejected to disclose any information to LE regarding this event: https://twitter.com/MistTrack_io/status/1698665043288834502 (Nitter link)
• None of the countless LE requests addressed to us were satisfied since our platform launch, because we know what we are doing and why we are here

Other than that, eXch please don't forget about my previous post, in case you missed it.

Eyewitness Photography  

I believe that the forum is still the fastest and easiest way to find out about new or updated services. It is much more convenient to search here then just google it and wade through the multitude of results in search of what really interests you.

I must admit that I have first read about eXch here on Bitcointalk forum. Otherwise I would have used the service earlier.

Because they are new to trying marketing here using a signature campaign, I believe if they do it at the same time as launching the website, they will get more new customers as same as today.

I agree with you, I wonder why this service isn't more popular around here: no KYC, no account required, nothing complicated. It's fast, cheap and reliable.