A cryptocurrency tumbler cryptocurrency exchange sites reddit cryptocurrency mixing service is a service offered to mix potentially identifiable or ‘tainted’ cryptocurrency funds with others, with the intention of confusing the trail back to the fund’s original source. Get Massive Traffic to Your Sites!
In traditional financial systems, the equivalent would be moving funds through banks located in countries with strict bank-secrecy laws, such as the Cayman Islands, the Bahamas and Panama offshore banks. Mixing helps protect privacy and can also be used for money laundering by mixing illegally obtained funds. Mixing large amounts of money may be illegal, being in violation of anti-structuring laws. Manual or lightly automated mixing methods can make detection of taint more difficult unless the exchange follows the trail but this approach does not protect privacy like a true mixing service would. The existence of tumblers has made the anonymous use of darknet markets easier and the job of law enforcement harder. Requires 100 comment karma and 1-month account age.
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