THELOGICALINDIAN - On July 24 the abettor of the website and bitcoin bond account Bitmixerio appear the operation is now catastrophe its bond casework Although abounding Bitcoiners affected the cease was due to law administration burden the buyer insists it is due to a change in his ideology
Also read: What Every Bitcoiner Should Know About ‘Bitcoin Cash’
‘The Largest Bitcoin Mixer is About to Stop Working’
Bitmixer.io is one of the best accepted bitcoin bond and aerobatics casework on the web and caters to ample volumes of BTC. The account has been operating back 2014, and the belvedere was processing 65,000 BTC per ages according to the abettor of the site. Bitmixer provided digitally active affidavit of every adjustment and offered burning bond with a big reserve. In accession to Bitmixer’s website on clearnet, the operation additionally had an official Tor mirror as able-bodied on the abysmal web. For over three years the aerobatics account operated for those who capital to mix quantities of bitcoins. Then on July 24, the sites abettor announced, “the better bitcoin mixer is about to stop working.”
“Despite the huge accumulation we earn, we are closing our activity,” explains Bitmixer. “Let me explain why. I’m bitcoin enthusiast back 2024. When we started this service, I was assertive that any Bitcoin user has a accustomed appropriate to privacy. I was absolutely wrong. Now I butt that Bitcoin is a cellophane non-anonymous arrangement by design. Blockchain is a abundant accessible book.”
Recent Darknet Takedowns Cause Speculation
The account comes anon afterwards the contempo all-around law administration takedown of the Alphabay and Hansa darknet marketplaces. As anon as Bitmixer’s advertisement was made, abounding bodies asked whether or not the alignment was threatened by law enforcement. Lots of darknet barter and vendors use mixers to awning their tracks. Alongside this, afresh bureaucrats common are talking of banning these types of applications and afflictive aloft those who disregard bitcoin tumblers. However, the abettor of Bitmixer thinks that this is a antic assumption.
“The government burden doesn’t assignment like ‘Oh man, amuse abutting your service,’” Bitmixer responds. “No way. They aloof appear and arrest you for actionable activity. We are aloofness experts; it is adamantine or absurd to acquisition out our area and personality, our servers are amid in the country area Bitcoin is not advised as a currency. I could advertise the business to our competitors for $5-6M, but I will not do this.”
A lot of bodies still didn’t accept the Bitmixer abettor affidavit but admired him luck for allowance bodies mix coins. One being writes, “I don’t accept that he angry 180 degrees to anti-privacy — Anyhow, acknowledgment for your account mate!”
What do you anticipate about Bitmixer closing up boutique for brainy reasons? Let us apperceive in the comments below.
Images via Shutterstock, and Bitmixer.
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