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Report Claims the FBI Uses Bitcoin Mixers During BTC Forfeiture Processing

Over the last eight years, U.S. law enforcement has seized a great number of bitcoins and at one time, the Federal Bureau of Investigation (FBI) held one of the largest bitcoin wallets after the Silk Road takedown. A recently published report shows the FBI has started using cryptocurrency mixing applications in recent times in order to obfuscate transactions from seized bitcoins that stem from a forfeiture. Do as I Say, Not as I Do The U.S. government is far from transparent and a newly published report shows just how shady the feds can be these days. The author Joshua Davis…

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Bitcoin Mixers Protecting Privacy and Anonymity from Hackers

by Richard Kastelein One of the reasons why the cryptocurrencies have gained popularity over the years is because trading them is supposed to be anonymous… but this is only partially true. In reality, Bitcoin is actually quite traceable. And this is no different for Ethereum, which is just as detectable and vulnerable to phishing attacks caused by leaky databases as Bitcoin. If Bitcoin and Ethereum are traceable, leaky databases can also expose user details and the contents of their wallets. It is quite a scary thought that your anonymity could be on the line. The solution to this problem is…

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