Authorities Seize Dutch Bitcoin Mixer in ‘Worrying Precedent’
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Authorities Seize Dutch Bitcoin Mixer in ‘Worrying Precedent’

THELOGICALINDIAN - Cryptocurrency abstracts accept reacted with agitation afterwards authorities in the Netherlands bedeviled and shut bottomward accepted Bitcoin mixer Bestmixerio

Europol To Bitcoiners: ‘You Are Not Anonymous’

Confirmed in a columnist absolution May 22, a collective accomplishment amid Europol, the Dutch Fiscal Information and Investigation Service (FIOD) and Luxembourg authorities resulted in confiscation of Bestmixer’s assets, documents, files and web domain.

Internet aegis aggregation McAfee, the artefact of now pro-Bitcoin U.S. presidential applicant John McAfee, was additionally complex in the takedown.

Europol

According to Europol, an analysis into the site, which offered a way for Bitcoin users to access the anonymity of BTC transactions, began in June 2018.

While assorted alleged bread mixers exist, it appears the focus on Bestmixer came as a aftereffect of suspicions about its operations and genesis.

“The analysis so far into this case has apparent that abounding of the alloyed cryptocurrencies on Bestmixer.io had a bent agent or destination. In these cases, the mixer was apparently acclimated to burrow and acquit bent flows of money,” the columnist absolution states.

A bulletin from law administration on the bedeviled area meanwhile addled a clearly added adverse tone, actualization to abuse those who use Bitcoin added generally.

“YOU ARE NOT ANONYMOUS,” one allotment of the placeholder argument reads.

No Arrests Made At Bestmixer Bitcoin Mixer

It charcoal alien whether individuals who fabricated use of Bestmixer will uniformally see bent repercussions. According to Europol, up for vetting will not alone be banking annal but additionally added accord amid the aggregation and its clients.

“The Dutch FIOD has aggregate advice on all the interactions on this belvedere in the accomplished year. This includes IP-addresses, transaction details, bitcoin addresses and babble messages,” the absolution concludes.

“This advice will now be analysed by the FIOD in cooperation with Europol and intelligence bales will be aggregate with added countries.”

Perhaps unsurprisingly, cryptocurrency abstracts rebuked law administration for their administration of the case.

Dutch software developer Sjors Provoost alleged the appraisal a “worrying precedent.”

“Banning mixers is affiliated to banning cryptography,” he wrote on Twitter afterwards advertisement of the investigation. He quoted bounded columnist reports, which said no arrests had yet occurred as a result.

Kristov Atlas, Bitcoin aegis and aloofness architect at wallet provider Blockchain, additionally aloft apropos about the assurance of open-source non-custodial wallet Wasabi’s developers should they biking to the Netherlands for the accessible Breaking Bitcoin aegis conference.

Wasabi had apparent the aboriginal affiliation of CoinJoin, a adjustment of accretion BTC transaction anonymity, in an barter this anniversary via a affiliation with Francis Poulliot’s Bull Bitcoin.

What do you anticipate about the appraisal of Bestmixer.io? Let us apperceive in the comments below!

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