The lagest Bitcoin mixer is about to stop working - page 9.

Gleb Gamow

vip

Activity: 1428

Merit: 1145

I'm member of team which runs a mixing service as well. The service runs since 2015. When we started, the legal status of bitcoin was similar to "credit in a videogame". Since then, the legal status of bitcoin changed and many governments push for regulations and KYC policies. Unfortunately, bitcoin still doesn't provide sufficient privacy for ordinary users.

I think that our colleges from bitmixer decided that it is not worth the risk and discontinued the service. I understand their decision and wish them good luck.

We will keep CoinMixer running for now and keep an eye on the situation.

Exactly what risk is at stake for an unknown person(s) operating a profitable coin mixing service from some Nation State outside the US? We have no idea who the principals are but they have fear of being caught? Meanwhile, Paul Vernon, a known and recognizable person is somewhere in China, whereabouts known by at least local authorities there if abiding by visa guidelines, freely walks the streets sans fear of being extradited back to the US to face myriad charges.

shield132

hero member

Activity: 2352

Merit: 905

Metawin.com - Truly the best casino ever

Quote from: BITMIXER.IO on July 24, 2017, 02:58:08 AM

Don't worry, we didn't keep logs, we deleted all used wallets, our servers never been seized, we had very strong mixing algorithm. We never collaborated with feds. All our clients are protected. We did our work honesty as described.

About "I'm not a criminal. Why should I mix my coins?". I really believed in this years ago. But look, in 2016 we mixed about 1M bitcoins. What do you think what part of this sum was non criminal? I don't know, we provided just a tool and didn't ask from what source coins coming. But I guess not all of them was clean. I really don't want to earn helping criminals. It is not only personal. Bitcoin couldn't be accepted by general public and governments if it is a crime tool. No, no, no. Fortunately last years appeared special anonymous cryptocurrencies for this purpose. But Bitcoin has another big aims. It is a finance revolution, but not a crime finance revolution.

I want to say that bitmixer was great website with really a lot of profit, imagine minimum 0.5% of 1 million bitcoin, so much...
There is no doubt that it was hardest decision for you to close bitmixer, it's like burning money machine... and even more...
Also you know that 99% of mixed coins would be for criminal activities, despite the fact that you are "privacy expert" as you claim, you took good decision, hang on profit if it will be reason of being in jail.

Also I want to say to all mixers: No one of you could beat bitmixer and if they decided to close bitmixer.io believe me, it's better for you to follow their step and get rid of bad future.

Joel_Jantsen

legendary

Activity: 1988

Merit: 1317

Get your game girl

Quote from: CryptoGuu on July 26, 2017, 06:49:14 AM

He got caught today. thanks for your service Sir!

https://www.washingtonpost.com/world/europe/russian-wanted-in-us-caught-in-greece-for-money-laundering/2017/07/26/13d912a2-71ef-11e7-8c17-533c52b2f014_story.html?utm_term=.dd36e8531833

Stop the FUD.
It doesn't say anything about Bitmixer or the arrested guy.Although there is a possibility they could be under legal pressure but you just can't jump to conclusions when they made it clear it's out of their own wish.
->DirectBet Shuts down
->BitMixer Shuts down
->Alphabay Shuts down

Can you see some patterns here ?

Termin4tor

sr. member

Activity: 404

Merit: 251

Quote from: ?? on ??

Quote from: CryptoGuu on July 26, 2017, 06:49:14 AM

He got caught today. thanks for your service Sir!

https://www.washingtonpost.com/world/europe/russian-wanted-in-us-caught-in-greece-for-money-laundering/2017/07/26/13d912a2-71ef-11e7-8c17-533c52b2f014_story.html?utm_term=.dd36e8531833

thats the fate waiting for masternodes operators is the US.

That's really sad. Bitmixer was arguably one of the best services to exist on this forum for the bitcoin community. Sure it was definitely being used by criminals to mask their identity but there would have been a pack of other legitimate users, using it for their privacy. Hope the guy is released on bail or something. Moreover, I guess this news serves as warning for other services such as chipmixer.

ChipMixer

sr. member

Activity: 456

Merit: 956

https://bitcointalk.org/index.php?topic=1935098

Quote from: operator55 on July 26, 2017, 09:01:11 AM

Anyway there's no other bitcoin mixer which went down in this time.
The timing of article/arrest, matches perfectly with bitmixer statement timing.

He was prolly arrested maybe month ago or something, same case as Alphabay.

"Money laundering" is defined very broad by law enforcement. Buying bitcoins at localbitcoins could be persecuted as laundering.

hilariousetc

legendary

Activity: 2926

Merit: 3051

Join the world-leading crypto sportsbook NOW!

Quote from: nydiacaskey01 on July 26, 2017, 01:38:49 AM

For someone who gets paid to post and earnings are sent through the gambling site (Bitsler) like me, I use a mixer because my local exchange site does not allow BTCs coming from gambling sites (they will suspend my account or close my account) and known HYIPs that's why I am dumbfounded by Bitmixers decision and might look for other alternatives that offers same service with same level of trust earned by Bitmixer.

There are always legitimate uses of such services, but of course nefarious people will also (ab)use them. I don't think there was anything inherently wrong or illegal with bitmixer or other such tumbling services, but of course that wont stop the USG coming after them.

Quote from: RonPaulBTC on July 26, 2017, 08:33:24 AM

Anyway, so what happens with the signature campaign now? is it still running?

No, of course not. Why would it? Lauda already announced it was closed.

Quote from: CryptoGuu on July 26, 2017, 06:49:14 AM

He got caught today. thanks for your service Sir!

https://www.washingtonpost.com/world/europe/russian-wanted-in-us-caught-in-greece-for-money-laundering/2017/07/26/13d912a2-71ef-11e7-8c17-533c52b2f014_story.html?utm_term=.dd36e8531833

Where does it say anything about Bitmixer?

operator55

jr. member

Activity: 57

Merit: 25

Quote from: MunzeDealer on July 26, 2017, 08:21:59 AM

Quote from: CryptoGuu on July 26, 2017, 06:49:14 AM

He got caught today. thanks for your service Sir!

https://www.washingtonpost.com/world/europe/russian-wanted-in-us-caught-in-greece-for-money-laundering/2017/07/26/13d912a2-71ef-11e7-8c17-533c52b2f014_story.html?utm_term=.dd36e8531833

Maybe this is a conscious mistake from police ;-) So we can't match service with author.

Anyway there's no other bitcoin mixer which went down in this time.
The timing of article/arrest, matches perfectly with bitmixer statement timing.

He was prolly arrested maybe month ago or something, same case as Alphabay.

European Central Bank

legendary

Activity: 1288

Merit: 1087

Quote from: stompix on July 26, 2017, 07:51:08 AM

And here we go , the clone is born:

https://bitmixor.io/
vs
https://bitmixer.io/

Whois Record for BitMixOr.io

Dates Created on 2017-07-23 - Expires on 2018-07-23 - Updated on 2017-07-23

Website Title BITMIXER.IO | High Volume Bitcoin Mixer

There were already hundreds of clones. The problem is not one was legit.

bitcoinwhoswho

newbie

Activity: 31

Merit: 0

Anyone have any of their wallet addresses they want to share?

RonPaulBTC

member

Activity: 66

Merit: 10

"I woke up today and thought I should stop a multi million dollar business to make bitcoin "more clean""

This sounds like april fools except we are on July.

Anyway, so what happens with the signature campaign now? is it still running?

MunzeDealer

newbie

Activity: 9

Merit: 0

Quote from: CryptoGuu on July 26, 2017, 06:49:14 AM

He got caught today. thanks for your service Sir!

https://www.washingtonpost.com/world/europe/russian-wanted-in-us-caught-in-greece-for-money-laundering/2017/07/26/13d912a2-71ef-11e7-8c17-533c52b2f014_story.html?utm_term=.dd36e8531833

http://i65.tinypic.com/4k788j.jpg

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

And here we go , the clone is born:

https://bitmixor.io/
vs
https://bitmixer.io/

Whois Record for BitMixOr.io

Dates Created on 2017-07-23 - Expires on 2018-07-23 - Updated on 2017-07-23

Website Title BITMIXER.IO | High Volume Bitcoin Mixer

carlfebz2

hero member

Activity: 2926

Merit: 722

DGbet.fun - Crypto Sportsbook

Quote from: forzendiablo on July 25, 2017, 08:40:16 PM

this is crazy why are you guys stopping, this is not illegal.. just change the ways you operate ie move between altcoins with anonimity like EXCL XMR DASH and move back to BTC

You cant force them their decision is final. I cant say that its not illegal thinking off that if a service have been used by terms of illegal involvement then it can really be tied up as an illegal too. Knowing that laws will definitely connect it up once you are being used on illegal doings. Its really hard to accept but this service decide to close its doors for its own good.

0day

hero member

Activity: 742

Merit: 500

Hire me for your campaign management.

Quote from: nydiacaskey01 on July 26, 2017, 01:38:49 AM

For someone who gets paid to post and earnings are sent through the gambling site (Bitsler) like me, I use a mixer because my local exchange site does not allow BTCs coming from gambling sites (they will suspend my account or close my account) and known HYIPs that's why I am dumbfounded by Bitmixers decision and might look for other alternatives that offers same service with same level of trust earned by Bitmixer.

After finding it I also thought about that type of issues. It will really be hard for those who have their activities in gambling sites (workers like you) if it is banned by your country or exchange.

CryptoGuu

sr. member

Activity: 321

Merit: 250

He got caught today. thanks for your service Sir!

https://www.washingtonpost.com/world/europe/russian-wanted-in-us-caught-in-greece-for-money-laundering/2017/07/26/13d912a2-71ef-11e7-8c17-533c52b2f014_story.html?utm_term=.dd36e8531833

Acura3600

legendary

Activity: 2966

Merit: 1271

One of the benefits of JUMBLR is that this is not a Website, its a plugin integrated in the wallet (agama) - no logs, no ip‘s - just Decentralized & anon

nydiacaskey01

legendary

Activity: 1834

Merit: 1036

For someone who gets paid to post and earnings are sent through the gambling site (Bitsler) like me, I use a mixer because my local exchange site does not allow BTCs coming from gambling sites (they will suspend my account or close my account) and known HYIPs that's why I am dumbfounded by Bitmixers decision and might look for other alternatives that offers same service with same level of trust earned by Bitmixer.

LocoMB

member

Activity: 72

Merit: 10

of course, there are several other privacy centered tools around - I would suggest looking at Komodo and its JUMBLR plugin

Kakmakr

legendary

Activity: 3514

Merit: 1963

Leading Crypto Sports Betting & Casino Platform

It was fun whilst it lasted, but now it is gone and replacements will take it's place. < See my signature for more info > This is just the nature of the Bitcoin beast, you take down 1 and 10 will take it's place.

Bitcoin mixing services is just a Add-on service to protect your privacy. If you used cash, you would have had more privacy than the pseudo anonymity that Bitcoin provides. You have a right to protect your information and to protect your wealth. If you misuse this right and you are asked to explain yourself by the authorities, then you should account for your actions, if you did something illegal.

My neighbour or the hacker who compromise my data, should not know where my wealth is and how much wealth I have and how I spend my money. < Mixer services gives you that ability to hide it from them > ^smile^

modsrocky

full member

Activity: 142

Merit: 100

the last days of bitmixer - the mixer had only 500 btc left! in good days it was about 2500 btc
maybe the investers took out the money

Topic: The lagest Bitcoin mixer is about to stop working - page 9. (Read 91055 times)