Quote from: Fivestar4everMVP on December 01, 2023, 11:57:28 AM

Now, my concern is, wouldnt it make sense to remove the Sinbad escrow address from this forum? And also remove anything that could make it easy for authorities to trace transactions from that address to this forum, and it's users?

Remove why? Do we have to hide anything? People hide things when there is something wrong done and want to hide traces because they know they did something illegal and are going to get punished for that. By hiding traces, e.g. removing Sinbad escrow address from this forum, I think bitcointalk declares that it's guilty too while it isn't as we all know. Moving thread in archival was the best decision.

Quote from: digaran on December 04, 2023, 08:52:58 PM

Well if the problem is about getting dirty money, why not ban using Bitcoin as a payment method and give them the chance to pay in altcoins?

They want to ban bitcoin but they can't. Now is the time when bitcoin is very popular and many businesses are built around it, tons of money is invested in bitcoin and with the help of its decentralized nature and independence from 3rd parties, governments understood it's better to integrate instead of separate. They are integrating and have a huge progress in analyzing of bitcoin blockchain. That's all they wanted, they gain control on transactions, they can track transactions and blockchain is open book, every transactions is placed on blockchain. They control everything and that's all they wanted. We know that governments launder money via banks but they can play with bitcoins too with the implementation of bullshit AML score. You just mark unwanted transaction as a bad one and you mark your favourite transaction as a good one, easy to launder when you are the one who judges and sets AML scores.

Quote from: LoyceV on December 05, 2023, 09:04:14 AM

Quote from: FinneysTrueVision on December 05, 2023, 06:12:49 AM

From an Elliptic.co blog post in February:

This is a very interesting link. It shows Sinbad received bad money even before they started. It looks more and more like they weren't "a good site also used by bad people", but they were "a bad site that needed good people to hide their bad money"! If that's the case, they had it coming. But taking down this site won't change anything except for slowing them down. Long-term, they'll continue elsewhere.
As much as I like privacy, I don't like criminals. And especially criminals who abuse good people's need for privacy to hide their own crimes.

I think this is not something new. Even Bitmixer owner admitted that many people were using his mixer for illegal transactions and asked other people to not create bitcoin mixers. He said something like this: Will you sell knife if you know that majority of your customers are murderers? My pastor said no. Every mixer that becomes famous ends up being a tool mostly used by criminals. Every mixer had a higher volume of illegal transactions compared to transactions that were done by those who care about their privacy, we can't deny that.