Category: Bitcoin Mixing
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Founder of the Bitcoin Mixer Helix Pleads Guilty to Money Laundering Charges
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Report Claims the FBI Uses Bitcoin Mixers During BTC Forfeiture Processing
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Indictment Order Issued Against Leaders of the Geek Group for Their Role Using BTC in an Illegal Money Transmission Business
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Former Microsoft Engineer to Serve 9 Years in Prison in a Case That Involves Use of Bitcoin Mixers
A U.S. court in Seattle has sentenced a former Microsoft engineer to 9 years in prison after finding him guilty of 18 federal felonies relating to his elaborate scheme to defraud the tech giant $10 million. In passing the judgment, the court blasts Volodymyr Kvashuk, a software engineer and citizen of Ukraine, for attempting to […]
The post Former Microsoft Engineer to Serve 9 Years in Prison in a Case That Involves Use of Bitcoin Mixers appeared first on Bitcoin News.
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Bolstering Privacy: Human Rights Foundation Donates $50K Toward Bitcoin Mixing Development
On June 10, 2020, the Human Rights Foundation (HRF) launched a fund that is dedicated to the development of tools that make the Bitcoin network “more private, decentralized, and resilient.” HRF’s initial gift of $50,000 will be given to the UK-based developer, Chris Belcher, who has been working on a project called Coinswap. This week […]
The post Bolstering Privacy: Human Rights Foundation Donates $50K Toward Bitcoin Mixing Development appeared first on Bitcoin News.
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Dutch Police Shuts Down Bitcoin Mixing Service Bestmixer
In the Bitcoin world, there are many services which are a different type of gray. Not everything is black and white where cryptocurrencies are concerned by any means. Bestmixer, one of the more popular Bitcoin mining services, has been shut down by Dutch officials. A remarkable development, albeit it is not entirely surprising either. Curtain Call for Bestmixer Ever since Bitcoin mixing services first came to market, there have been plenty of allegations. Why would anyone pay money to a stranger on the internet to hide the source of their Bitcoin transactions? Surprisingly, these mixers quickly became a staple in
The post Dutch Police Shuts Down Bitcoin Mixing Service Bestmixer appeared first on The Merkle Hash.
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Bitcoin Mixing Concept Payjoin Makes a ‘Huge Mess’ for Blockchain Surveillance
On Jan. 24, Adam Gibson, author of Waxwing’s Joinmarket blog, wrote about an interesting Coinjoin concept called Payjoin. The protocol further obfuscates the ownership of UTXO inputs during a Coinjoin transaction mixing cycle. According to Gibson, the Payjoin technique is “another nail in the coffin of blockchain analysis.” Also read: Mystery Bitcoin Miners Are Altering Mining […]
The post Bitcoin Mixing Concept Payjoin Makes a ‘Huge Mess’ for Blockchain Surveillance appeared first on Bitcoin News.
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