The lagest Bitcoin mixer is about to stop working

[charger100]

Wow, this statement is just full of bullshit tbh. The only logical explanation for me to read this is that LE took control over that account as well as the mixer itself and then wrote that stupid as hell post.

Bitcoin is a transparent non-anonymous system by design, huh? Who told you that ffs? Have you ever looked into white paper? I'm quite dubious about that, because when you search for key words it gives you 0 (!) results for the word "transparent". However it has a separate chapter called "PRIVACY" where bitcoin is compared to traditional banking system and you can clearly see that Satoshi was striving to break the link between individuals and transactions as much as possible.

Second, your point about criminals. In the first place you were offering money laundering service. Did it really take you so much time to realize the target audience for this?! I mean, REALLY?!! If you were THAT much narrow-minded then I don't believe a person like you would be smart enough to arrange that site.

Anyway, I hope that the team behind bitmixer is in good health and they were let go .

[1713884266]

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[Quickseller]

He got caught today. thanks for your service Sir!

https://www.washingtonpost.com/world/europe/russian-wanted-in-us-caught-in-greece-for-money-laundering/2017/07/26/13d912a2-71ef-11e7-8c17-533c52b2f014_story.html?utm_term=.dd36e8531833

Are you sure this is the bitmixer operator? I have read rumors that this was the btce owner.

He's probably just spreading FUD. It is much more likely to be the btc e guy but I've not seen anything concrete so I would disregard it as mere speculation based on rumour right now.

It seems that it is pretty much confirmed that was the btc-e operator, and I have read no reliable reports about that being related to bitmixer.

Interestingly enough, the indictment was filed under seal on June 21, and bitmixer was announced to be shutting down two days later. It makes me wonder if either bitmixer was either somehow involved (meaning they were being run by the US Government), or if they had advance knowledge about the indictment (meaning they received requests for information from the US government, and were potentially provided information about their service they did not like).

Thinking about it a little bit, I think it is more likely to be the latter. Blockchain analytics companies have the ability to trace (larger) amounts of bitcoin that flow through most mixers, and it is possible that, as part of a request for information from law enforcement, they were provided with certain stats about their service regarding how much flows through their service from things like DNMs and ransomeware.

A little bit less likely, but it is also possible that bitmixer was in fact part of this. The indictment has a couple of paragraphs redacted, one of which is regarding a related company to the Alex guy. I suspect that some of btc-e servers were seized by law enforcement, causing them to go offline, and it is possible that some of bitmixer's servers were also seized.

[Timelord2067]

Meanwhile over at the BBC:

Bitcoin fraud suspect Vinnik charged by US grand jury - http://www.bbc.com/news/world-europe-40731200

[deisik]

It seems that it is pretty much confirmed that was the btc-e operator, and I have read no reliable reports about that being related to bitmixer.

Interestingly enough, the indictment was filed under seal on June 21, and bitmixer was announced to be shutting down two days later. It makes me wonder if either bitmixer was either somehow involved (meaning they were being run by the US Government), or if they had advance knowledge about the indictment (meaning they received requests for information from the US government, and were potentially provided information about their service they did not like).

Thinking about it a little bit, I think it is more likely to be the latter. Blockchain analytics companies have the ability to trace (larger) amounts of bitcoin that flow through most mixers, and it is possible that, as part of a request for information from law enforcement, they were provided with certain stats about their service regarding how much flows through their service from things like DNMs and ransomeware.

A little bit less likely, but it is also possible that bitmixer was in fact part of this. The indictment has a couple of paragraphs redacted, one of which is regarding a related company to the Alex guy. I suspect that some of btc-e servers were seized by law enforcement, causing them to go offline, and it is possible that some of bitmixer's servers were also seized.

Conspiracy keeps thickening

I'd rather say it would be naive to consider these events as completely unrelated but we still don't see the whole picture here. And seeing the whole picture is of primary importance to any Bitcoin user here or anywhere. If it is just a train of events which is in fact about tracking down some criminals (or what the US government thinks as criminals, for that matter), that would be one thing, but if it is only a small part of a bigger plan aiming at bringing Bitcoin down and ultimately destroying it, that would be a totally different thing. In the latter case, what we have just seen is only a beginning of the whole show, and more events should follow soon

[pinkflower]

Tinfoil hat on. All the conspiracies are beginning to unravel now. The darknet markets going down, Bitmixer stops its service and now BTCe co-owner is arrested for money laundering.

What if Mark Karpeles of MtGox is also involved in this?

[Clavulanic]

It seems that it is pretty much confirmed that was the btc-e operator, and I have read no reliable reports about that being related to bitmixer.

Interestingly enough, the indictment was filed under seal on June 21, and bitmixer was announced to be shutting down two days later. It makes me wonder if either bitmixer was either somehow involved (meaning they were being run by the US Government), or if they had advance knowledge about the indictment (meaning they received requests for information from the US government, and were potentially provided information about their service they did not like).

Thinking about it a little bit, I think it is more likely to be the latter. Blockchain analytics companies have the ability to trace (larger) amounts of bitcoin that flow through most mixers, and it is possible that, as part of a request for information from law enforcement, they were provided with certain stats about their service regarding how much flows through their service from things like DNMs and ransomeware.

A little bit less likely, but it is also possible that bitmixer was in fact part of this. The indictment has a couple of paragraphs redacted, one of which is regarding a related company to the Alex guy. I suspect that some of btc-e servers were seized by law enforcement, causing them to go offline, and it is possible that some of bitmixer's servers were also seized.

Conspiracy keeps thickening

I'd rather say it would be naive to consider these events as completely unrelated but we still don't see the whole picture here. And seeing the whole picture is of primary importance to any Bitcoin user here or anywhere. If it is just a train of events which is in fact about tracking down some criminals (or what the US government thinks as criminals, for that matter), that would be one thing, but if it is only a small part of a bigger plan aiming at bringing Bitcoin down and ultimately destroying it, that would be a totally different thing. In the latter case, what we have just seen is only a beginning of the whole show, and more events should follow soon

I don't exactly believe the whole thoughts about the conspiracies behind all of this vey serious matter here, but despite on of that the person arrested has his own will and rights to be sue for a case. There is no court decisions yet and maybe he could appeal for his rights as a human being, and those issues to bring bitcoin down well criminals will not be into that worst situation if there is desired regulations of botcoin to those laundering of money. Well lets do hope that this challenges is only a part of some critics to really wanted to take down bitcoin.

[BITMIXER.IO]

I received a lot of questions by PM, let's clear the situation.

1. We are not under feds control, all our users are safe, all logs and old wallets deleted. We had incredible multiserver custom written Bitcoin software and outstanding mixing algorithm. It is impossible find out even the fact you used bitmixer (it is possible only by logs of your provider if you didn't use tor version). We didn't had linked wallets, traceable ip addresses etc. Don't worry about your past transactions.

2. We do not sell the domain name nor our software nor methods we used for mixing.

3. All I wrote is true. I've changed the view of this business and Bitcoin future. About question "is a knife good or bad tool?". If you sell knifes and you know that most of your clients are murders, will you stop your business? My pastor suggest me it is not a business I should continue. Sorry for that.

4. The message to other mixers. If even btc-e considered as money laundering service, what do you think about your business? Don't be innocent.

Very important message for our investors who still didn't take money. Please take your principal using your investor panel.

Thank you.

[Timelord2067]

Perhaps you should lock this thread now.

Everyone that needs to know appears to have been advised.

[Gleb Gamow]

He got caught today. thanks for your service Sir!

https://www.washingtonpost.com/world/europe/russian-wanted-in-us-caught-in-greece-for-money-laundering/2017/07/26/13d912a2-71ef-11e7-8c17-533c52b2f014_story.html?utm_term=.dd36e8531833

Are you sure this is the bitmixer operator? I have read rumors that this was the btce owner.

He's probably just spreading FUD. It is much more likely to be the btc e guy but I've not seen anything concrete so I would disregard it as mere speculation based on rumour right now.

It seems that it is pretty much confirmed that was the btc-e operator, and I have read no reliable reports about that being related to bitmixer.

Interestingly enough, the indictment was filed under seal on June 21, and bitmixer was announced to be shutting down two days later. It makes me wonder if either bitmixer was either somehow involved (meaning they were being run by the US Government), or if they had advance knowledge about the indictment (meaning they received requests for information from the US government, and were potentially provided information about their service they did not like).

Thinking about it a little bit, I think it is more likely to be the latter. Blockchain analytics companies have the ability to trace (larger) amounts of bitcoin that flow through most mixers, and it is possible that, as part of a request for information from law enforcement, they were provided with certain stats about their service regarding how much flows through their service from things like DNMs and ransomeware.

A little bit less likely, but it is also possible that bitmixer was in fact part of this. The indictment has a couple of paragraphs redacted, one of which is regarding a related company to the Alex guy. I suspect that some of btc-e servers were seized by law enforcement, causing them to go offline, and it is possible that some of bitmixer's servers were also seized.

<playin' devil's advocate; not critical of service but seek answers>

https://bitmixer.io/faqs.html

What is a Bitmixer code?

After your first exchange you will receive a special Bitmixer code. This code makes sure that you will never receive any of the previous coins you have added to our reserves in any subsequent transactions you make with Bitmixer. In other words this ensures that you remain untraceable.

Day 1: I mixed U$100 worth of bitcoins and received a Bitmixer code so that when I mix subsequent coins I won't received what I previously mixed back. Fine!

48 Hours Later: I mixed another U$100 worth of bitcoins and received bitcoins back which none were of what I've mixed two days prior. Fine!

36 Hours Later: I mixed another U$100 worth of bitcoins and received bitcoins back which none were of what I've mixed two transactions prior. Fine!

Question: How were the last two transactions achieved given the following? ...

http://themerkle.com/news/interview-with-the-owner-of-bitmixer-io-a-high-volume-bitcoin-mixer/

Our servers are located in a country where US authorities can’t get access to the server without a local court order. Bitcoin is not considered as money here, so we can’t be a money-laundering service. We use encrypted disks. We delete all order data after 24 hours. We completely erase old bitcoin addresses from our wallet after coins are sent out. Even if the server is seized, they will find nothing.

Clearly, my Bitmixer code remains on file attached to bitcoin wallet addresses I've previously used, else there would be a strong possibility of me receiving some of the coins back that I may not want attached to me, but that would be an impossibility given that ALL order data is purged from your system within 24 hours, as stated above, resulting in the 3-LAs et al. finding nothing.

Further, I'll be paying you a fee to mix coins stemming from a nefarious act with the strong possibility that I'll be receiving coins stemming from a nefarious act tens of times worst than what I'm tryin' to hide. Surely, wouldn't that bring the feds to my door a knockin' a helluva lot quicker? It'll be pretty embarrassing for me to defend myself if accused of running a underage goat brothel when in fact I ONLY pimp out adult chickens and occasionally a matured goose (soon to pimp ducks - drakes and hens).

Humor aside, I look forward to your reply, devs.

Bruno

Is there any update to this?

Nah, no updates, Quick. I guess we'll just sit back and see what transpire in the coming days. 

Translated: HAHAHA

[Gleb Gamow]

I received a lot of questions by PM, let's clear the situation.

1. We are not under feds control, all our users are safe, all logs and old wallets deleted. We had incredible multiserver custom written Bitcoin software and outstanding mixing algorithm. It is impossible find out even the fact you used bitmixer (it is possible only by logs of your provider if you didn't use tor version). We didn't had linked wallets, traceable ip addresses etc. Don't worry about your past transactions.

2. We do not sell the domain name nor our software nor methods we used for mixing.

3. All I wrote is true. I've changed the view of this business and Bitcoin future. About question "is a knife good or bad tool?". If you sell knifes and you know that most of your clients are murders, will you stop your business? My pastor suggest me it is not a business I should continue. Sorry for that.

4. The message to other mixers. If even btc-e considered as money laundering service, what do you think about your business? Don't be innocent.

Very important message for our investors who still didn't take money. Please take your principal using your investor panel.

Thank you.

Translated: For the past few years, after church I went home to masturbate to porn, mostly to virgin nuns ramming foreign objects up their tight pussies, but I digress. My pastor suggest[ed to] me that that is not an activity I should continue. Sorry, God, 'bout that. If I had only known.  I'm on a good track now - fresh start - trying to put the past behind me.

My take: Bitmixer is/was a 3-LA entity that has run its course, accomplishing what it set out to achieve, now closing shop under the auspices of ...

[Slemicek]

Simpley switching to another crypto-currency is easier said than done, for starters the company or person your transacting with needs to accept that same currency as well.

That being say, if one would move towards DASH you'll get the following benifits
DASH
- easy to use private functions
- instant private sent (if you pre-mixed)
- Allot cheaper than bitcoin, and most privacy coins ( transaction costs will be 10x cheaper in the near future)
- An improved decentralized coinjoin, giving added privacy. Coinjoin has been tried and true for many years now, unlike other privacy technics

Do allot of positive things can be said about the competion:

Monero
- 26x blockchain bloat +high transaction fee's for that reason
- Wallet not that easy to use
- Most importantly off all, coins (could) be printed out of thin air without you know it, has been possible before !
https://getmonero.org/2017/05/17/disclosure-of-a-major-bug-in-cryptonote-based-currencies.html

Zcash
- They admitted in using a trusted setup, this means you have to trust that they have trown away the key's when they setup the coin, if not all transaction can be made transparant, and unlimited hidden printing
 

Instead of Dash use Verge (XVG) or Monero (XMR) and you don't need to mix coins at all.

[europool]

Europool here.

Don't pay attention to what the first guy, bitmixer.io, said. It's safe to continue to use Bitcoin mixers. The nonprivate blockchain ensures this. We really can't trace anything on the nonprivate blockchain because we lack the resources to do so. Bitmixer.io is just ignorant.

Our US Government friends, in your best interest, encourage you to continue using Bitcoin mixers, Dash and Zcash. Don't pay attention to their CEO who said they could deanonymise your transactions. He was high that day and was just joking. What a riot!

Look. We don't care how you spend your money. We're only after terrorists but we need to monitor all transactions since we don't know who could be a terrorist. THere's really no way to narrow down a list of possible terrorists, no way at all and you know that's true, so we look at everyone. It's really no big deal though. I mean we can't trace anything anyway.

It's been a long day. I'm off to the pub to see a...get ready for it...mixologist. Wha-what? Because alcohol never hurt anyone but weed is worse than rapists. That's why we let rapists in and kick weed out. Note to self: delete the previous sentence before posting.

Thanks for your cooperation.

[Lutpin]

Europool here.

http://www.europoolgroup.com/en

"Over a period of more than 20 years, Euro Pool Group has developed into the largest logistics service provider of reusable standard packaging in Europe."


If you're trying to troll as EuroPol, at least write the name correctly.

[Gyrsur]

Europool here.

http://www.europoolgroup.com/en

"Over a period of more than 20 years, Euro Pool Group has developed into the largest logistics service provider of reusable standard packaging in Europe."


If you're trying to troll as EuroPol, at least write the name correctly.

GOLD!!

 

[Gleb Gamow]

Europool here.

Don't pay attention to what the first guy, bitmixer.io, said. It's safe to continue to use Bitcoin mixers. The nonprivate blockchain ensures this. We really can't trace anything on the nonprivate blockchain because we lack the resources to do so. Bitmixer.io is just ignorant.

Our US Government friends, in your best interest, encourage you to continue using Bitcoin mixers, Dash and Zcash. Don't pay attention to their CEO who said they could deanonymise your transactions. He was high that day and was just joking. What a riot!

Look. We don't care how you spend your money. We're only after terrorists but we need to monitor all transactions since we don't know who could be a terrorist. THere's really no way to narrow down a list of possible terrorists, no way at all and you know that's true, so we look at everyone. It's really no big deal though. I mean we can't trace anything anyway.

It's been a long day. I'm off to the pub to see a...get ready for it...mixologist. Wha-what? Because alcohol never hurt anyone but weed is worse than rapists. That's why we let rapists in and kick weed out. Note to self: delete the previous sentence before posting.

Thanks for your cooperation.

C+ (not C++) for trying to emulate me with his /S post.

[CardShare]

~snip~

If they did recommend or somehow advertise bitmixer then probably this would be the cause of such immediate closure of this mixing service. I was little bit shocked that this site decided to close its doors to early saying that its just their own personal reasons but well we dont know whats actually the truth thing behind this but after reading this i can say that theres a possibility or links regarding on this situation. Better to stop early before government will caught you.

Even if AlphaBay did not explicitly advertise bitmixer, the US government is getting more aggressive in prosecuting operators of DNMs as AlphaBay's admin was neither a citizen, a resident, nor had any ties to the US, but was charged in the US anyway (because AlphaBay sold illegal products to people in the US).

Wikileaks recently disclosed a large number of zero-day exploits that had been hoarded by the CIA (despite their pledge to do disclose such exploits), that apparently have since been stolen (as per news reports). At the time of disclosure, the zero-day exploits had the potential to do a lot of damage, and could be executed under circumstances that many people believed would be safe/secure.

There are also rumors that the US was able to use malware to botch the launch of a North Korean missile test earlier this year. The fact that the North Korean misses are (almost certainly) 'air gapped' computers, that NK has no (meaningful) internet access, and that it would be nearly impossible for the US to have physical access to any component of a NK missile many months (or even years) ahead of time, means that, if true, the US government's ability to insert malware into computers is very strong.  

Based on both of the above, bitmixer's operator(s) likely does not have confidence in their ability to keep their servers secret and protected from the US government.

No cables required..

https://www.wired.com/2017/02/malware-sends-stolen-data-drone-just-pcs-blinking-led/


or even worse!

https://youtu.be/2OzTWiGl1rM

[pinkflower]

Tinfoil hat on. All the conspiracies are beginning to unravel now. The darknet markets going down, Bitmixer stops its service and now BTCe co-owner is arrested for money laundering.

What if Mark Karpeles of MtGox is also involved in this?

he is always involved somehow.

Yeah, its possible that he allowed MtGox to be hacked and laundered all the BTC by mixing most of them in Bitmixer and have them sent to Alexander at BTCe.

Anything is possible now. What was the first darknet market to use BTC? The rabbit hole could go deeper.

[johhnyUA]

Why anyone will be need clean BTC? Average people enough in bank payment system, they don't need bitcoin, 'cause bitcoin it's not a payment system not quite. Without decentralization and anonimity it will be worst than Visa.

[kik1977]

Don't see the point in blaming him.

One of the following:

- It is his own real reason, and he's entitled to do whatever he likes with his business (unlikely)
- He received pressure, but obviously he will not say it publicly (possible)
- He has read the writing on the wall and decided to leave and enjoy the profits before they put him in jail (likely)

[ozaeri]

Don't see the point in blaming him.

One of the following:

- It is his own real reason, and he's entitled to do whatever he likes with his business (unlikely)
- He received pressure, but obviously he will not say it publicly (possible)
- He has read the writing on the wall and decided to leave and enjoy the profits before they put him in jail (likely)

At the end of the day we can only speculate as to the reasons, some people will be unhappy but he is free to do whatever he wants.

He likely has more than enough money to last him the rest of his life anyway so good on him for deciding to call it quits I say.