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by zaphar 1125 days ago
The mixer may obfuscate what happens inside it but unless it's a coin like zCash or something it's impossible to obfuscate that your coins interacted with the mixer. The ledger is cryptographically verifiable and completely public. A mobsters cooked books offer more protection than a blockchain from that and good forensic accounts untangle those all the time. A blockchain just makes it easier to automate the untangling.

Throw in the fact that it's grey territory legally just using the mixer and I think most people are vastly understating the risks of using a mixer even if they did nothing wrong with the money otherwise.

1 comments

It’s not illegal to have coins that at some point in the past were mixed. In fact I suspect that most bitcoins can be traced back to a mixer if you go back.
Might not be illegal, but you’ll never be able to cash out.
>you’ll never be able to cash out

P2P dexs dont care about mixer usage, you can always find a way to cashout if you have the private keys.

Perhaps, but as regulators step up it’s going to devalue things once people know coins from tainted chains are going to be harder to resell. That’s going to further increase the risk of using mixers since the people using them for ideological reasons are going to scale back their usage as it starts costing them money & adding risk.