Post
Topic
Board Bitcoin Discussion
Re: How can exchanges find out Bitfinex funds if "hacker" runs them throught mixers?
by
Kprawn
on 03/09/2016, 14:25:01 UTC
It's hard to do that, considering that Bitcoin is anonymous. And I think that they won't use that kind of public service, they will probably make their own mixer and use it by their own.

Bitcoin is not anonymous. It's pseudonymous. While an address is not by definition linked to a human identity, it certainly can be in many ways if a user is not very careful to cover all tracks.

Making your own mixer with that amount of hot coins would just put a target on your back when everyone realizes that you're delivering tainted coins from the Bitfinex heist to your customers.

So it is better to use a existing big mixing service. But how can you make your coin safe without being identified by the mixer?

The mixer service will not reveal your identity to anyone, if they not forced to do that through legal means. So your coins are safe, if you send it

through these mixers. Even if your coins are clean, it might be mixed with coins that were acquired by illegal means... Nobody knows where their

money came from and how it was used, and this fits with what is happening with fiat money too. Freshly mined coins are the only clean coins.  Roll Eyes