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Wednesday, June 21, 2023

How to Use Bitcoin Laundry to Launder Money

 June 21, 2023     No comments   


Cryptocurrencies like Bitcoin make great money laundering tools, allowing criminals to hide their illicit gains in a form that’s difficult to trace. While movies often show criminals lugging around duffel bags filled with cash to evade authorities, in the real world, it’s much easier for them to launder funds via online exchanges. This is because cryptocurrency transactions can be done without crossing borders, and they’re much less likely to get halted by law enforcement agencies.

But despite the convenience, there’s still a lot of shady activity that goes on in the cryptocurrency market. Criminals often try to obfuscate their ill-gotten gains by mixing them with clean coins, a process known as “tumbling.” To do this, they use mixers that run a trade’s digital signature through private pools of dirty coins before remitting the cleaned currency. These services are called “crypto mixers,” and they’re a popular way for criminals to hide their profits from gambling websites or even the police.

In fact, a popular mixer service called RenBridge has been used to launder at least $540 million worth of ill-gotten bitcoin cash since 2020, according to blockchain analytics firm Elliptic. The majority of that amount, a staggering 50%, came from ransomware payments. These funds are paid to hackers who break into corporate networks and force companies to pay ransom to regain access to their data.

But the good news is that there are now multiple alternatives for those who want to avoid detection by laundering their crypto. These alternative mixers can take your ill-gotten bitcoin and mix it with thousands of other addresses, making the chances of anyone linking your dirty BTC to your identity near zero. They also offer exceedingly low fees, which is great for those who don’t have a lot of extra crypto lying around to spare.

Using these crypto tumblers is simple. Just visit their website and enter your receiver’s address. Then select the amount you want to wash and the time frame you’d like your coins to be mixed in. 비트코인세탁 will then send your clean cryptocurrency to a new address you specify. It will usually be sent within a few hours. The site recommends using the Tor browser to ensure your privacy is protected.

If you have any questions, you can always check out their F.A.Q page, or you can email them directly. They’re renowned for their customer support, and they typically reply to emails within 48 hours.

If you’re looking for a reliable and secure way to anonymize your crypto, Bitcoin Laundry is definitely a great option. They have a number of features that help keep your transactions anonymous, including the ability to wash up to a maximum of ten thousand addresses at once. And their fees are incredibly affordable, at a standard rate of only 0.0002 BTC per transaction. That’s a small price to pay for your peace of mind and the safety of your crypto assets. You can find out more about Bitcoin Laundry by visiting their website.

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