FBI uses bitcoin mixers from forfeiture processing.

[davis196]

Bitcoin is a currency, a digital asset. The seizure of Bitcoin caused by crime needs to be turned into the property and included in the national budget. In this case, it is legal to use a mixer to make money illegally. No one has an opinion on this issue because it benefits the national budget.

Dude,your post doesn't make any sense.
"It is legal to use a mixer to make money legally"?What does that supposed to mean?
"No one has an opinion on this issue because it benefits the national budget."What?I have an opinion about this topic and it's quite different.
The Bitcoins,that were stolen by the criminals have to be returned to their owners,instead of being included in the national budget.This makes the government a stealer of Bitcoins.
Anyway,this article about FBI is probably fake news,published by an "anti-Bitcoin Core" website.

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[jackg]

The Bitcoins,that were stolen by the criminals have to be returned to their owners,instead of being included in the national budget.This makes the government a stealer of Bitcoins.

Proceeds of crime normally get seized by the government in North America and Europe. They're just treating bitcoin as a standard asset (which is pretty good).

One of the problems wuth the Silk Road one though was that they sold it for 75% of its value from what I remember which was a bit strange/problematic as it could've caused a dump...

[zanezane]

Proceeds of crime normally get seized by the government in North America and Europe. They're just treating bitcoin as a standard asset (which is pretty good).

One of the problems wuth the Silk Road one though was that they sold it for 75% of its value from what I remember which was a bit strange/problematic as it could've caused a dump...

It really is a good thing especially if you know where they sell or auction these seizures because most of the time when the investigation is over and they need to free some room for new evidences, they will sell or auction them. I would say that you are right about the Silk Road one because back when I have read about it, the price of bitcoin was already around the 5 digit mark and the price was a steal.

[jerry0]

I gotta wonder... do some fbi agents take some btc for themselves like imagine how some police bust a drug deal operation with cash etc... like imagine they take some of it?

[Kong Hey Pakboy]

I gotta wonder... do some fbi agents take some btc for themselves like imagine how some police bust a drug deal operation with cash etc... like imagine they take some of it?

We don't know that but we know that evidence room is a secured space on any law enforcement agency so it is highly unlikely, also I don't think that they are going to risk it because the benefits of being a federal agent is sought by many people and a little greed won't be enough to put it all down the drain.

[bobyhodob]

crimes in the world of cryptocurency may still be traced from the former transactions they carried out and continue to trace until they reach the wallet suffix and who knows the account is linked to an American bank

[lifeforcepools]

I don't quite understand how they use bitcoin, but okay ,maybe you're right.

[stompix]

The article has been updated...

First, the claim was that:

Interestingly, Davis’ findings indicate the blockchain tells a tale of how the transactions the Feds sent were sent “to themselves,” from an address that sent “more than 800,000 transactions,” and the funds derived from an address that sent more than 43 million BTC. The tell-tale signs of a bitcoin mixer being used to obfuscate bitcoin transactions.

This is stupid, no bitcoin mixer uses the same address o send millions of transactions, it would be a clear sign and would render all privacy effort useless.

The:

**Editor’s Note: This article has been updated on Tuesday, April 13, 2021, at 1:00 p.m. (EST) to reflect commentary from an onchain expert.
On April 13, 2021, Bitcoin.com spoke with a respected onchain analyst who wished to remain unnamed. The expert says they are “certain that the address known as 1P9**** belongs to an exchange and the address was a hot wallet.” This specific address referenced is the BTC address that had processed 43 million bitcoin (BTC).

So, poor Davis was not a real researcher just a wanna-be blogger and no, the FBI has not used a mixer.

/lock the topic

[ilovealtcoins]

Bitcoin is a currency, a digital asset. The seizure of Bitcoin caused by crime needs to be turned into the property and included in the national budget. In this case, it is legal to use a mixer to make money illegally. No one has an opinion on this issue because it benefits the national budget.

Dude,your post doesn't make any sense.
"It is legal to use a mixer to make money legally"?What does that supposed to mean?
"No one has an opinion on this issue because it benefits the national budget."What?I have an opinion about this topic and it's quite different.
The Bitcoins,that were stolen by the criminals have to be returned to their owners,instead of being included in the national budget.This makes the government a stealer of Bitcoins.
Anyway,this article about FBI is probably fake news,published by an "anti-Bitcoin Core" website.

Exactly they would launder money and make them part of the budget in my opinion. Cryptocurrency is a digital asset that if someone wants to get their money back, it will take them a lot of time and effort to get their money back. I think the reimbursement is complicated and the FBI probably won't do it.