LE stealing our BTC because we used ChipMixer for our privacy. What can we do ?

[OgNasty]

I’m sorry. I tried to get the word out that this was coming. I posted about how ChipMixer was being targeted and would be shut down but their signature spam team tried to demonize me for it, distrusting me in the trust network and insulting me to try and get me to stay quiet. In my opinion, you should be upset with the people who advertised this service to you, not law enforcement for shutting down a very obviously illegal service.

Answering your question though… What you can do is make better decisions. Learn from this and don’t use publicly documented money laundering operations thinking they’re safe or rely on 3rd parties to protect your privacy or finances.

[NotATether]

The main problem I see here is that the law enforcement agency gets a (large) share of the money that gets confiscated. That makes it almost a commercial enterprise, and that's the part to change.

It's almost as if the people who are directing these agencies or parts of it are operating it as if it were a crime family or mafia, as far as profits - and murder (except in this case, "murder" means arrest or lifetime harassment from the LE) - are concerned.

Let's branch out of CM discussion for a moment:

How many cases can you count of crypto people getting harassed by LE? Definitely more than you have fingers or toes, that's for sure. There was this one US guy on this forum whose P2P trading service was considered an "unlicensed money transmitting service" and they raided him, and he made a website about that. Forgot his name. Point being...

Scales are tipped in the favor of those in power, so you have to try to avoid the lightning bolts that shoot out from them as a result.

[crewdede]

I’m sorry. I tried to get the word out that this was coming. I posted about how ChipMixer was being targeted and would be shut down but their signature spam team tried to demonize me for it, distrusting me in the trust network and insulting me to try and get me to stay quiet. In my opinion, you should be upset with the people who advertised this service to you, not law enforcement for shutting down a very obviously illegal service.

Answering your question though… What you can do is make better decisions. Learn from this and don’t use publicly documented money laundering operations thinking they’re safe or rely on 3rd parties to protect your privacy or finances.

Those people promoting them can also have problems now.

[crewdede]

By reading this:  https://www.fbi.gov/wanted/cyber/minh-quoc-nguyen

Through this conduct, Nguyễn has allegedly facilitated the laundering of approximately $3 billion USD worth of Bitcoin.

I assume all people who used ChipMixer, even for their own anonymity are considered they did "money laudering"

[PrivacyG]

I assume all people who used ChipMixer, even for their own anonymity are considered they did "money laudering"

If this is the case.  Will any Monero user be considered a money launderer?  Will this work retroactively or will they just now start taking down any Mixing service they can get a hold of.  If they take any action against Chip Mixer USERS and promoters, this will be extremely, extremely dangerous to us.  Because this means we are all going to probably take a hit at some point and be targeted.  I mean.  This means they are coming after any body who wants just Privacy.  This is nothing about money laundering.  This is a hit on freedom!

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Regards,
PrivacyG

[crewdede]

I assume all people who used ChipMixer, even for their own anonymity are considered they did "money laudering"

If this is the case.  Will any Monero user be considered a money launderer?  Will this work retroactively or will they just now start taking down any Mixing service they can get a hold of.  If they take any action against Chip Mixer USERS and promoters, this will be extremely, extremely dangerous to us.  Because this means we are all going to probably take a hit at some point and be targeted.  I mean.  This means they are coming after any body who wants just Privacy.  This is nothing about money laundering.  This is a hit on freedom!

-
Regards,
PrivacyG

I am afraid so. Many exchanges blocked Monero on their website.