Mixer Detection in 2021 - page 3. | Bitcointalksearch.org

titular

sr. member

Activity: 287

Merit: 368

"Stop using proprietary software."

Quote from: DaveF on November 03, 2021, 01:56:18 PM

Which exchangess? Most of the US based ones, like Coinbase & Gemini will close your account if they think funding is coming from a mixer. There are lots of discussions about that happening here and on many other sites.

Other ones, in other parts of the world, who knows. Depends on their mood and how much BTC.

Also, if you are not doing a straight BTC -> fiat exchange may be a bit less strict. Where some others, really don't care at all.

As for if it's from a mixing transaction or not. Depends who you ask: https://bitcointalksearch.org/topic/m.58313016

-Dave

Meaning they will confiscate your funds in the process? Or will they give them back and just say you're not welcome here anymore?

Quite curious.

Fortify

legendary

Activity: 2688

Merit: 1192

Quote from: thom88 on November 03, 2021, 01:49:31 PM

I am wondering, whether what I read online makes much sense in regards to exchanges "banning" mixing services.
I tried it and it seems not. I have tried to mix very small amounts through various mixers and used an account on a major exchange to see wheter they will have a problem with it (as they claim) or not.
Fact is no issues after weeks.

I wonder if in 2021, with the level the mixers have reached with delayed payouts etc., it is still possible to detect wheter a UTXO has been created by a mixing transaction or not.

I have no interest in mixing coins but care for analytical reasons only. I (maybe someone does) would not know what heuristic approach would be working where you don't have uncertainty to an extent where it makes no sense to call it information.

Your small scale testing is unlikely to raise any red flags because so much cryptocurrency is flowing around and intermingling all the time, it wouldn't make sense to ban people for the odd occasion. The people who will feel these sort of bans are the large scale or regular people where almost all of their transactions are inbound from identifiable mixer addresses. We're talking about people who have many dozens of transactions, probably involving fairly large sums, that fit the profile of someone who is trying to clean their money. One of the big benefits of Bitcoin is traceability so if you have intelligence on mixer addresses and have a lot of activity giving you visibility on "normal" transactions (aka a large exchange) then it's theoretically possible to make some educated connections.

DaveF

legendary

Activity: 3500

Merit: 6320

Crypto Swap Exchange

Which exchangess? Most of the US based ones, like Coinbase & Gemini will close your account if they think funding is coming from a mixer. There are lots of discussions about that happening here and on many other sites.

Other ones, in other parts of the world, who knows. Depends on their mood and how much BTC.

Also, if you are not doing a straight BTC -> fiat exchange may be a bit less strict. Where some others, really don't care at all.

As for if it's from a mixing transaction or not. Depends who you ask: https://bitcointalksearch.org/topic/m.58313016

-Dave

thom88

member

Activity: 75

Merit: 48

I am wondering, whether what I read online makes much sense in regards to exchanges "banning" mixing services.
I tried it and it seems not. I have tried to mix very small amounts through various mixers and used an account on a major exchange to see wheter they will have a problem with it (as they claim) or not.
Fact is no issues after weeks.

I wonder if in 2021, with the level the mixers have reached with delayed payouts etc., it is still possible to detect wheter a UTXO has been created by a mixing transaction or not.

I have no interest in mixing coins but care for analytical reasons only. I (maybe someone does) would not know what heuristic approach would be working where you don't have uncertainty to an extent where it makes no sense to call it information.

Topic: Mixer Detection in 2021 - page 3. (Read 527 times)