How people hide their tracks on bitcoin transactions.

[tldoctor]

How criminals that are getting big funds from bitcoin hide their tracks from FBI Police etc...
fro exmale: ransomwarehow they hide milions of dollars from being detected
i know that bitcoin save history on every transction and can easily trace ... all transaction history... ??
somebody smart know here ?

[darkangel11]

They are mixing it and dividing into much smaller amounts, because it's easy to track 1 address with 1000BTC, but it's much harder when you have 1000 addresses with 1 BTC on each.
The easiest way to hide your illegally obtained coins is to mix it with legal ones. You can use a mixer, a casino, or even an exchange. Many exchanges allow unverified users to trade, you are only required to verify when you're withdrawing.

[orions.belt19]

They are mixing it and dividing into much smaller amounts, because it's easy to track 1 address with 1000BTC, but it's much harder when you have 1000 addresses with 1 BTC on each.
The easiest way to hide your illegally obtained coins is to mix it with legal ones. You can use a mixer, a casino, or even an exchange. Many exchanges allow unverified users to trade, you are only required to verify when you're withdrawing.

I believe that they probably have been using bitcoin mixers. Not sure how it operates but from my understanding, even if the transactions of your bitcoins are traced, the use of a bitcoin mixer would mix up your bitcoin with a bunch of others thus you would have a hard time finding it.

Another is your advantage of anonymity. You can easily exchange it without the need of validation or verfication, therefore a lot can really get away with it.

[Kemarit]

How criminals that are getting big funds from bitcoin hide their tracks from FBI Police etc...
fro exmale: ransomwarehow they hide milions of dollars from being detected
i know that bitcoin save history on every transction and can easily trace ... all transaction history... ??
somebody smart know here ?

Easy. They used a mixing or what you called a tumbler services. So I think the criminals would used one of those services then mixed it there before transferring it to their wallet. They will used not 1 mixer but a lot of them and will probably delay the coins before going in their wallet. And for added anonymity, they might have moved it from bitcoin to Monero, because its more anonymous than bitcoin. They can even used the localbitcoin trading scheme as well. There are ways to really hide your self and not be track in blockchain if you know what you are doing.

[Jovovich]

They are mixing it and dividing into much smaller amounts, because it's easy to track 1 address with 1000BTC, but it's much harder when you have 1000 addresses with 1 BTC on each.
The easiest way to hide your illegally obtained coins is to mix it with legal ones. You can use a mixer, a casino, or even an exchange. Many exchanges allow unverified users to trade, you are only required to verify when you're withdrawing.

Oh so bitmixer and chipmixer does this kinds of servies? or it is just coincidental on there site. Because i see people commenting how to mix there transaction id with other transaction. I just came to understand how mixers work. So they can mix transactions with the same amount of how much they are transacting?. Because i am making small trades right now i dont really have problems when it comes to those ones, so i guess i would need mixer for big trades.

[HeRetiK]

They are mixing it and dividing into much smaller amounts, because it's easy to track 1 address with 1000BTC, but it's much harder when you have 1000 addresses with 1 BTC on each.
The easiest way to hide your illegally obtained coins is to mix it with legal ones. You can use a mixer, a casino, or even an exchange. Many exchanges allow unverified users to trade, you are only required to verify when you're withdrawing.

This was also the reason why btc-e got cracked down by the feds, as they apparently were involved in laundering Gox coins, as well as other major heists. Note that for amounts of that size you apparently need special connections, since regular mixing services only have a limited amount of "clean" coins available at any given time.

Oh so bitmixer and chipmixer does this kinds of servies? or it is just coincidental on there site. Because i see people commenting how to mix there transaction id with other transaction. I just came to understand how mixers work. So they can mix transactions with the same amount of how much they are transacting?. Because i am making small trades right now i dont really have problems when it comes to those ones, so i guess i would need mixer for big trades.

Bitmixer closed shop a couple of weeks ago. If you come across a Bitmixer website, it's most likely a scam.

Chipmixer offers mixing services, that is correct.

[Lieldoryn]

The network has a lot of exchangers which allow no verification to send Fiat to any Bank card. If such a newsletter to make the mass and in small portions that no one will be able to track the money. Only to this bitcoin do not have to use. This can be done through Fiat.

[Emmami@758]

They are mixing it and dividing into much smaller amounts, because it's easy to track 1 address with 1000BTC, but it's much harder when you have 1000 addresses with 1 BTC on each.
The easiest way to hide your illegally obtained coins is to mix it with legal ones. You can use a mixer, a casino, or even an exchange. Many exchanges allow unverified users to trade, you are only required to verify when you're withdrawing.

most of the criminals that are big funds from bitcoins hide their tracks from hackers and bit coins etc.actually they are mixing and dividing into much smaller amounts because it is easy to work, 1 address is 1000 BTC, but it is must harder if you have 1000 addresses.

[Basmic]

The network has a lot of exchangers which allow no verification to send Fiat to any Bank card. If such a newsletter to make the mass and in small portions that no one will be able to track the money. Only to this bitcoin do not have to use. This can be done through Fiat.

It is impossible to hide the traces of your stay online. All Fiat transactions can be tracked. Even if you don't use your documents for verification. Bitcoin belongs to the people and instead of thinking how to hide the traces of the transaction need to arrange for a direct turnover of bitcoins and to fight for their freedom with the state.

[Nameless27]

A criminal minded individuals always find a way to hide they’re tracks through any means as possible, vpn, tor, proxy, identity of other users, mixing addresses and etc. But is it untraceable?, no it’s not. There is a saying “no one stays anonymous”.

As the technology upgraded and updated invulnerability or glitches on a system is a big factor for authorities to track anyone by the way they’re still human and mistakes and error/carelessness in they’re part is an end of it.

[Agostosmori]

They are mixing it and dividing into much smaller amounts, because it's easy to track 1 address with 1000BTC, but it's much harder when you have 1000 addresses with 1 BTC on each.
The easiest way to hide your illegally obtained coins is to mix it with legal ones. You can use a mixer, a casino, or even an exchange. Many exchanges allow unverified users to trade, you are only required to verify when you're withdrawing.

when you say mixing it, is it the one that is being offered by the company on ICO's? like the chipmixer? is that the service that they are offering? Why do we need to mix the coins if you can just create more wallet to put your coins into. Cryptocurrency is really a broad technology, still learning from this forum.

[AlCryptoBundy]

I wonder why? they should not be afraid to do anything. Why is it illegal? i dont get it? Transactions are transactions wether they are legal or illegal.

[cmoperation1]

people will always be shady and have many things to hide specially their bitcoin transactions. Its always gonna be a problem when it comes to people hiding things.

[kkent]

How criminals that are getting big funds from bitcoin hide their tracks from FBI Police etc...
fro exmale: ransomwarehow they hide milions of dollars from being detected
i know that bitcoin save history on every transction and can easily trace ... all transaction history... ??
somebody smart know here ?

They are using mixers and likely paying people to just move coins around a lot so that they look like normal BTC addresses. When they have millions of dollars worth that they will likely never declare in taxes, they will likely accept 30-40% losses in transaction fees simply to avoid being traced.

[elite2291]

I love how all of the answers to covering your tracks on bitcoin transactions are right here lol 

[Palmerson]

How criminals that are getting big funds from bitcoin hide their tracks from FBI Police etc...
fro exmale: ransomwarehow they hide milions of dollars from being detected
i know that bitcoin save history on every transction and can easily trace ... all transaction history... ??
somebody smart know here ?

Why would the government or the FBI to track bitcoin transactions. It is difficult and not effective. Has anyone heard that the terrorists paid for the terrorist activity bitcoin All payments occur via Fiat. Government can monitor any movement of Fiat. If not then it's beneficial to someone. Bitcoin is not to blame here.

[franco123]

Basically because that is one of the characteristics of Bitcoin which is to have anonymous transactions. We are using only codes or our Bitcoin addresses when transacting making us cover our personal information when buying or selling stuff. That is actually one of the reasons why Bitcoin was created.

However, due to greediness and the big money involved in illegal things, Bitcoin was also used to illegal transactions of crimes.

[leonair]

They are mixing it and dividing into much smaller amounts, because it's easy to track 1 address with 1000BTC, but it's much harder when you have 1000 addresses with 1 BTC on each.
The easiest way to hide your illegally obtained coins is to mix it with legal ones. You can use a mixer, a casino, or even an exchange. Many exchanges allow unverified users to trade, you are only required to verify when you're withdrawing.

I believe that they probably have been using bitcoin mixers. Not sure how it operates but from my understanding, even if the transactions of your bitcoins are traced, the use of a bitcoin mixer would mix up your bitcoin with a bunch of others thus you would have a hard time finding it.

Another is your advantage of anonymity. You can easily exchange it without the need of validation or verfication, therefore a lot can really get away with it.

Yes they can hide it into multiple addresses for safe keeping and to hardly locate it but for them to convert it into a fiat currency that is another thing that is harder to do. They might have their own strategy on how to do that and that is their trade secret.

[SvenBomvolen]

Did you ever here about mixers? I didn't use any of many mixers that represented on the Internet and the forum, but I heard it is a perfect way for covering the road of the transaction.
The same like hidden identity coins like ZCach and Monero.
P.S. Don't want to help with this post to criminals, jus sharing my knowledge