Are the days of the Bitcoin laundry 🧺 numbered?

in bitcoin •  5 years ago 

Money laundering involves washing, cleaning & drying dirty cash. 💰

Bitcoin transactions chained together, on a blockchain, in a permanent public record; are traceable from Bitcoin address to Bitcoin address. Bitcoin mixers, like MXIM.ioare anonymous mediaries between Bitcoin transactions.

Bitcoin mixers are anonymous mediaries between Bitcoin transactions.

Known variously as Bitcoin tumbling, Bitcoin mixing, Bitcoin blending & Bitcoin laundering, Bitcoin mixers are third party services that break the connection between sending & receiving Bitcoin address.

Legal or not, Bitcoin mixers are on the radar of law enforcement.

Are their days are numbered?


Watch from video from 10:54
Image sources: Money laundry; MIXIM.io; Foxmixer

Posted using Partiko iOS

bitcoin money currency money-laundering cryptocurrency partiko
5 years ago by

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      ·  5 years ago 

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    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

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