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Topic: Should the forum stop advertising mixers? - page 4. (Read 1483 times)

hero member
Activity: 882
Merit: 792
Watch Bitcoin Documentary - https://t.ly/v0Nim
Many mixers were seized but it is a first time I read documents mentioned Bitcointalk directly like this by Chipmixer seize.

https://www.justice.gov/opa/press-release/file/1574581/download

Should forum admin consider to stop all campaigns related to mixers?

I know forum is against porn campaigns so how about mixers after this fiasco?

when mixing sites get banned here for promoting money laundering
This press-release document doesn't really say anything harmful toward bitcointalk. Also, there is no direct mention of promoting it from someone other than NGUYEN himself. There is no mention of Chipmixer signature campaign, nor the mention of signature campaign manager.
Seems his alt account was hotpassion
Also, there is mentioned that:
Quote
NGUYEN frequently posts to both BitcoinTalk and Reddit promoting ChipMixer as a way to conceal bitcoin transactions
He was also posting at BlackHatWorld forum.
According to this document:
Bitcointalk - popular bitcoin message board.
Reddit - social media platform.
BlackHatWorld - forum.

I don't think this forum, nor its participants are in any danger and if there is something wrong, owner should receive the warning message. It's a public forum after all, this forum does nothing illegal, nor promotes anything illegal.
legendary
Activity: 3010
Merit: 8114
So you're saying I should keep track of all changes to all laws in all countries on the planet?

No
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
Funny, its actually been the case since May 2019, but either nobody here knew this or the ones who did never said anything about it.

Not saying the forum administration needs to make changes either way, but individuals participating in mixer sig campaigns should at least be aware of this.
So you're saying I should keep track of all changes to all laws in all countries on the planet?
legendary
Activity: 3276
Merit: 2442
I wonder how many people used that service, 7 TB of data, lol it looks like they logged everything.

It would be stupid If they didn't. I mean they knew that a payback day would eventually come. How are they going to pay back? By selling out those who used their services. D'uh.

That should be a lesson learned for everybody. Everything you do on the internet gets logged. Everything. If someone says otherwise, he is lying.
copper member
Activity: 1330
Merit: 899
🖤😏
Quote
The platform is believed to have enabled the laundering of 152,000 BTC – around $3.8 billion at current prices – since 2017, a large share of which was connected to ransomware groups, illicit goods trafficking and child sexual exploitation.

Such shame, we need to do a "walk of shame" for those advertising such services, I guess their argument is "if someone kills a man with a knife, should we stop the sales of knives?" Yes if the knife has grooving on it, we should because it was designed to kill people faster.

Are mixers good for privacy? Yes they are perfect privacy tools for illegal activities. I wonder how many people used that service, 7 TB of data, lol it looks like they logged everything.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
In the US, a money transmitter license is required as mixers are classified as a "money services business." No mixer has one, as far as I know...
This makes me remember what I read about mixer some months ago on a Chainanlysis report:

Are crypto mixers legal?
Despite their use by criminals, crypto mixers are not explicitly illegal in most jurisdictions. Whether they are compliant, however, is a different question.

In the United States, the Financial Crimes Enforcement Network (FinCEN) has confirmed that individuals and centralized businesses offering custodial mixing services must register as money transmitters under the Bank Secrecy Act (BSA), and have three key obligations:

register with FinCEN,
maintain an anti-money laundering and know-your-customer compliance program, and
meet all applicable reporting and record-keeping requirements.

We aren’t aware of any custodial mixers currently following these rules. And given that privacy preservation is the main reason that many users interact with crypto mixers, it seems unlikely that one could implement these procedures and still retain their users.

If centralized mixers would will fully follow KYC and AML rules, that make them not to be a mixer.

My point is that nothing concerns this forum, I wonder why the government are not going for google and many scam ads they are advertising. Businesses should have their own terms of service, this would be what would help them against sanctioning or ban. Assuming Chipmixer have been going for only legit transactions and obviously stated it in their rules, many funds that belongs to hackers and scammers might have been seized while many scammers will not use them for the fear of their money not to be seized. This would have helped and a day like yesterday may not come to unfavorable Chipmixer.

Nothing concerns this forum as long as they are not doing anything illegal, we are far better than many social media and many other forums. Our signature campaign is far better than google ads and many other ads. I do not see this as any problem at all and I know anything about this does not concern theymos or any other admin, this forum is not even having ads, but just individual member signature campaign. Then why someone would just suggest what is not when nothing like US regulators saying anything about this forum and mixers, not pressurizing any admin not to advertise mixers.

Mixers are good, but just that some bad actors are using it too, but I believe there are somethings that can be done to let only the good people that are privacy concerned to be the only one using it, or significantly reduce the bad actors from using it.
copper member
Activity: 1652
Merit: 1901
Amazon Prime Member #7
Should forum admin consider to stop all campaigns related to mixers?
The forum does not directly advertise mixers, and has banned the participation of mixing services in forum advertising auctions for a long time. The forum is likely covered by section 230 when it comes to what its users chose to advertise on their signature.
legendary
Activity: 3010
Merit: 8114
Mixers are not prohibited by law.

In the US, a money transmitter license is required as mixers are classified as a "money services business." No mixer has one, as far as I know...

https://www.justice.gov/opa/press-release/file/1574581/download

Quote
18. Based on my training and experience, I am aware the Bank Secrecy Act requires
anyone who owns or controls a money transmitting business to register with the United States
Department of the Treasury
. See 31 U.S.C. § 5330(a)(1). I am further aware that federal
regulations issued pursuant to the Bank Secrecy Act define a “money services business,” which
include “money transmitter(s).” 31 C.F.R. § 1010.100(ff)(5). Money transmitters are defined
broadly to include anyone who “accept(s) . . . currency, funds, or other value that substitutes for
currency from one person and . . . transmi(ts) . . . currency, funds, or other value that substitutes
for currency to another location or person by any means,” as well as “[a]ny other person engaged
in the transfer of funds.” 31 C.F.R. § 1010.100(ff)(5)(i)(A)-(B). MSBs are required to register
with FinCEN, a division of the Department of the Treasury
, unless specific exemptions apply. 31
C.F.R. § 1022.380(a)(1). MSBs are required to establish and maintain anti-money laundering
programs, to detect and report suspicious transactions, and to collect certain records of customers
and customer transactions. I am further aware that bitcoin “mixers” or “tumblers” such as
ChipMixer are considered to be MSBs under federal law
. See U.S. Department of Treasury
FinCEN Guidance, Application of FinCEN’s Regulations to Certain Business Models Involving
Convertible Virtual Currencies, FIN-2019-G001 (May 9, 2019), at 19-20.

Sorry to put it so bluntly but anyone advertising a mixer that doesn't have this license is advertising an illegal business (if the business is servicing US-based customers, anyway).

Funny, its actually been the case since May 2019, but either nobody here knew this or the ones who did never said anything about it.

Not saying the forum administration needs to make changes either way, but individuals participating in mixer sig campaigns should at least be aware of this.
legendary
Activity: 1596
Merit: 1288
Some mixers signature campaigns (particularly Chipmixer) have contributed to raising the quality of posts in the forum greatly. They have been going on for more than 5 years and some of the best accounts who were making posts wore their signatures. Therefore, indirectly, those mixers and through signature campaigns contributed to making this forum especially valuable.


I know forum is against porn campaigns so how about mixers after this fiasco?


are you sure? This is one of the signature campaigns for a porn site Xotika.TV Signature Campaign - Earn Bitcoins the sexy way!
legendary
Activity: 1708
Merit: 1187
I know forum is against porn campaigns so how about mixers after this fiasco?
Where did you read this? I check there are 2 porn campaigns in bounties, not sure if there's another more:
1. [ANN] HuhHuh [BOUNTY] Huh? VOGOV Huh? LOVE CRYPTO AND PORN?
2. Dogeporn.finance cum with us [Bounty] 💰🕵🏻‍♂️ 30 BNB in DOGEPORN 🥳

It's not about the project is scam or not, but when someone break the rule of the forum, usually the moderators will give a punishment. Just like how forum not allowing altcoins giveaway, the user will get temporary ban for doing it.

I don't see any reason why forum shouldn't allow to advertise about mixer, if you only look at the bad side, any project will have a bad side no matter how good it is. Just like gambling, do you think gambling addict doesn't cause harm to the addict's family and not increasing of criminal rate?

So should the forum stop advertising gambling? Cheesy
hero member
Activity: 2212
Merit: 670
Signature designer - start @$10 - PM me!
Is it only for known-paid campaigns, or what if the payment agreement is done outside the forum? Since the signature and avatar space has been provided for granted, where it is free to add any content the user likes with or without payment.
What if bans will be handled per user, anyone with mixer ad content on their profile attributes will get perma-ban?
legendary
Activity: 3444
Merit: 3469
Crypto Swap Exchange
From the above statement, I think we all know that bitcointalk complies with applicable laws in US jurisdictions. If the US government asks bitcointalk to ban that type of advertising then I think there is a possibility for the admin to approve it.

You said it yourself, this is US jurisdiction, not China. So there will never be a request like that. 

Yes, there will never be a request like that. The worse scenario would be US blacklisting Bitcointalk.org if theymos refuses to comply whatever directive they may give, just as Russia did.

ChipMixer worked for almost six years, and only now has it been established that "they were not in accordance with the law". if the authorities did not recognize it for all that time, why would this forum be responsible for it?
Finally, did anyone from the investigation ask for any information from the people involved in the work of the forum?

should this forum take responsibility for all the crap that has happened so far, starting from MtGox to FTX, many discussions were held about all this.
hero member
Activity: 1176
Merit: 596
Signature campaign of Chipmixer have been paused or ended, actually Bitcointalk is not advertising yet with chipmixer right now after the website have been seized and not appeal from Chipmixer feedback about what their problem facing. I think not impact yet with Bitcointalk forum because the mistake coming from Chipmixer and this forum as third party for advertising only due they have legalize transaction when first time building.

Better waiting with Chipmixer respond and they will try appeal what happen with their website because looking on current signature campaign they have spent much money until running more than three years.
legendary
Activity: 1260
Merit: 1079
Goodnight, o_e_l_e_o 🌹
From the above statement, I think we all know that bitcointalk complies with applicable laws in US jurisdictions. If the US government asks bitcointalk to ban that type of advertising then I think there is a possibility for the admin to approve it.

You said it yourself, this is US jurisdiction, not China. So there will never be a request like that. 

Yes, there will never be a request like that. The worse scenario would be US blacklisting Bitcointalk.org if theymos refuses to comply whatever directive they may give, just as Russia did.

Forum isn't advertising anything anymore though it promoted mixer back in the day. We, users are promoting mixers.

I want to understand the distinct in your analogy here.
Forum stopped advertising mixer but allows individuals to advisertise mixers in the same forum. I think nothing changed.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag

Seem very detailed in finding NGUYEN. I couldn't even understand the terms they are saying. For all, we know NGUYEN is also an alias.

But they are monitoring the forum? Yes, this could be serious and might not end well for us if they are going to do something to bitcointalk. The government is looking for ways to really grab the neck of the crypto industry. If for now they are just targeting the advertising of a mixer, they will also be finding faults in the casinos to include it.

legendary
Activity: 3500
Merit: 6981
Top Crypto Casino
Holy shit this is pretty serious. It is mindblowing to read a gov paper mentioning btt.
It is weird, but this reminds me of what the mainstream media does, which is to bring up a social media post made by some random nobody in the midst of a story about X, and the post will have an extreme opinion about X, giving the impression that it's the general sentiment about X--in other words, they amplify the opinions about subjects they're obviously attempting to take apart when no such amplification is justified.

I haven't read the entire thing, since I'm not handing out cookies or anything else to the DOJ, and that link ends in "download".  But I guess they've got all the major money laundering operations taken care of, so they can devote their time on....wait, is there any data on money laundering with crypto?  With crypto mixers?  I'm not saying there isn't, just that I haven't read anything about it, the extent of the problem, or if there's been any prosecution of criminals engaged in such activity.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
From the above statement, I think we all know that bitcointalk complies with applicable laws in US jurisdictions. If the US government asks bitcointalk to ban that type of advertising then I think there is a possibility for the admin to approve it.
Not yet even up to that.

...want US to ban privacy because of criminal activities. We should not forget this:




hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
Many mixers were seized but it is a first time I read documents mentioned Bitcointalk directly like this by Chipmixer seize.
Mixers provide security to users who wants privacy and these mixers themselves did not commit any illegal activity, they provided a platform for users to have privacy for their transaction and governments around the world do not like the idea of having privacy and if some propaganda machine says that BTCitcoin or any mixers is used only for illegal activities then that is not a fact.

You are wrong, this is not the first time Bitcointalk is mentioned in a legal case, to refresh your memory it was mentioned in the silkroad case because Ross William Ulbricht pitched the idea here and this wont be the last time it will be mentioned as long as the cryptocurrency market is alive.
legendary
Activity: 2156
Merit: 2100
Marketing Campaign Manager |Telegram ID- @LT_Mouse
Forum isn't advertising anything anymore though it promoted mixer back in the day. We, users are promoting mixers. However, I don't think theymos is going to put restrictions on this. He supports freedom, privacy I think. He has also shared a tutorial for a decent mixing. I don't think it's going to happen unless jury force him to do so.
legendary
Activity: 1554
Merit: 1139
Should forum admin consider to stop all campaigns related to mixers?

I know forum is against porn campaigns so how about mixers after this fiasco?

when mixing sites get banned here for promoting money laundering
Campaigns happens to be one of the things that ain't regulated in the forum, it is besides a project like the lost of others in the bounty board that have been scamming people and a re still scamming people. Mixers are just some way to ensure those who wish to tighten privacy by removing the links to track bitcoin transactions are no more. It has got nothing to do with scam other than render a service to all categories. How you choose to use it is up to you and no fault of there's.

When it comes to money laundering, the idea of cryptocurrency have been accused to have been about money laundering and fraudulent transactions. Do you propose cryptos are banned or stopped based on that fact as has been projected by the government and anti-cryptos?
We can't have that and won't have it.
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