Having said all of the above as far as I'm concerned I am not doing anything illegal. I don't encourage illegal activity and will never promote the service on the darknet or for any illegal purposes, I'm a simple provider of privacy services. There are no statistics regarding % of CEX funds coming from illicit sources so we can't compare to what we know about mixers, but my guess is that the number is very similar if not higher for centralized exchanges. There are bad actors in every industry, you can't just shut down all businesses of one type because of a few bad apples. If the service will start to get seriously abused by bad actors and big pressure will be put on us then I'd much rather shut down the service early and honorably than put users funds and privacy at risk, but for now I still believe there has to be a way to run everything legally.
Thank you for your responses, hope you don't mind if I ask you some deep questions:
1. Do you do something or plan to do something to prevent abuse of your service? I mean to minimize it cause nothing is totally preventable. There are people who care about their privacy and there are people who want to do illegal things, do you have a plan to make your service unlikeable for the people who do illegal things? To get rid of them. Do you think are there any measurements that you can take while keep your service functional for people who care about their privacy?
I know this question can sound strange but it's still an interesting one. More likely I mean, you may be able to get list of addresses that are known to be found in illegal activities and you may include these addresses in your blacklist to not be able to use your service.
2. I think, you understand that doesn't matter how trusted someone is on this forum, there is a chance that any signer can actually be a spy. By the way, what do you think, what's the number of signers that can make you feel safe and get rid of cooperation to steal money? Definitely 3/3 or 7/7 won't work, you need something like 2/3 or 5/7 at least. I think this is a huge challenge.