I honestly wouldn't be surprised if Mixing services get pushed and threatened by authorities. But as for now, it seems that all the issues are in the United States (as far as I know). I really won't really be surprised if mixing services get pushed to the dark web sometime in the future.
Topic: Mixers under the threat? - page 3. (Read 522 times)
Mixer owners aren't responsible for each mix but they've facilitated anonymous mixing and it's possible criminals used it. Governments clamp down against mixers could've started years ago because they're options for criminals to launder money, it's happened with Bitcoin Fog so others could be next.
Not the first time these news come to be known these days. There have been other mixers as well as far as I know that behaved maliciously recently. It's risky to use those services for as long as they aren't fully automated via smart contracts.
I am sure it's not the first time crypto mixers are under threat from the authorities. In past we have seen such actions on few other crypto mixers like Helix and Coin Ninja. There could be more and I am sure such kind of actions will continue to surface every now and then.
Cryptos and privacy coins are really a great headache to the financial regulators around the world. So I don't see such actions stopping at any point of time.
Cryptos and privacy coins are really a great headache to the financial regulators around the world. So I don't see such actions stopping at any point of time.
Mixers has always been under threat, there are few reputable mixers closed because they think their time is almost up or stopped by government (e.g. the operator arrested or take control over the server). This is one reason why CoinJoin gaining popularity.
Mixers have been under threat since 2017, either they are being pressured to shut down their services or government agencies criminalising them, so this is no surprise specially coming from the US.
So this has set a precedence already way back, so it's just a question on what tumbling services will be the next target. And since bitcoin is on a bull run, US government is stepping up against bitcoin mixing service again.
First Bitcoin “Mixer” Penalized by FinCEN for Violating Anti-Money Laundering Laws.
So this has set a precedence already way back, so it's just a question on what tumbling services will be the next target. And since bitcoin is on a bull run, US government is stepping up against bitcoin mixing service again.
First Bitcoin “Mixer” Penalized by FinCEN for Violating Anti-Money Laundering Laws.
I honestly wouldn't be surprised if Mixing services get pushed and threatened by authorities. But as for now, it seems that all the issues are in the United States (as far as I know). I really won't really be surprised if mixing services get pushed to the dark web sometime in the future.
Mixers attract this kind of malicious activities so I guess that they should be held responsible for their actions. But I believe that they should have a lighter sentence because it's not like they have a really big involvement with the laundered money or illegal funding.
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