[2019-08-28] Chainalysis Reports Most Cryptocurrency Mixed For Personal Privacy

[NibiruHybrid]

Chainalysis Reports Most Cryptocurrency Mixed For Personal Privacy Not Illicit Purposes

Mixed private bitcoin and cryptocurrency transactions are largely not for nefarious purposes says blockchain analysis firm Chainalysis.

During a recent webinar, blockchain analysis firm Chainalysis weighed in on Bitcoin transactions sent to mixers, services that jumble funds together to obscure their origin and preserve the privacy of the sender. The largest source of funds sent to mixers at 40% is allegedly exchanges, representing verified users withdrawing their funds, likely pursuing greater privacy.

Read more - https://dashnews.org/chainalysis-reports-most-cryptocurrency-mixed-for-personal-privacy-not-illicit-purposes/

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[veleten]

no way , Chainalysis! we thought that only ISIS used bitcoin mixers
 stolen funds rank as a source of 8.1% of funds, with known darknet market sources at 2.7%
what scares me is a completely different figure here : unnamed sources 10.4%



I hope Chainalysis, like the vast majority of such companies , are pulling the figures out of their ass
but if they don't ... means only 1/10 transactions cannot be traced and checked for sources and origin

[Carlton Banks]

ok, so x % of how much total BTC is the question I'm asking


the fact is, if people used Payjoin, which they no doubt are, blockchain analysis cannot detect it. Payjoins just look like any normal transaction, there is no possible heuristic for it