Ninjastic
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Re: Can we see coin mixing services as money laundering services ?
by
philiveyjr
on 04/10/2016, 00:50:01 UTC
Quote from: Naficopa on October 04, 2016, 12:31:55 AM
Quote from: Jiuks on September 17, 2016, 08:56:50 PM
I dunno what to thinks about this services.. do they make money laundering easier Huh

Mixing coins is It is something completely different than money laundering.. But i was always wonderend if for any "secret agencies" it is not a perfect idea to open mixing service just to know who is trying to hide transactions or some large amounts of Bitcoin.. Wink
They are the same if thats your intent. Money laundering involves transferring money through foreign banks in order to hide the source or origins. If you mix the coins, then you are essentially doing the same thing. However it is even harder for the banks to figure out you had the bitcoins in the first place.