Pro-Bitcoin Countries Prohibit Cripto Mixers After Bibita case?

21. February 2025. years, about $ 1.5 billion in an ethien was stolen from BITEBB. An elliptical analytics say the funds were probably stolen infamous Lazarus. Tokens were probably sent to a cript washing mixers. Thieves who stole the crypto from the Infini was also used by the Mixer service. What is the future holding for crypto mixers in Pro-Krippo countries?

Cripto mixers used thieves after two recent main crypto

According to a report Author: Elliptic, Bibit Hack is the biggest eating of all time, not just the largest CRIPTO Exchange Hack. Elliptic points out that it usually hacks like a recent incident from the bar, includes layers stolen funds. It can include the use of decentralized exchange, services or crypto mixers such as cash tornadoes or cryptomiker.

In two hours after hack, 400,000 eTeKra stolen from the bar, was distributed among about 50 addresses. From 23. February 10% of these wallets is already discharged. The following actions can contain more transactions such as replacement, using bridges, mixers, etc. Elliptic individually individually anonymous exchanging extremely as the main money laundering tool in the current phase.

An elliptical analysts say the final phase of the deception transaction is over the crypt mixer. The report notes that this task may be required in this case due to clean quantity of stolen funds.

After Hacker Bibit, bad actors stole $ 50 million in the USDC with the Infini platform. Crypto Mixer Tornado Cash was used At some point to hide the actual details of the transaction. The funds were stolen in January multimilion Hack Phemek Exchange allegedly He also ended up in the Tornado-Total Mixer.

Discussion of the legitimacy of the crypto mixer

Bitcoin, Etherum and many other blocks keep transaction records transparent. Therefore, if criminals use these ccckine, they may need crypto mixers that interfere with transaction data and hide from justice.

Although the crypto mixers are a handy tool for those starting financial crimes, often do not plan them to use bad actors only. Many people just seek to keep their transactions private. And they can see the crypto mixer in a positive way.

However, due to the overall frustrating experience, the crypto mixers are reviewed as no matter why people create them, they often use criminals. Some crypto mixers do not stop criminal and serve them for years.

One of the oldest examples is Bitcoin Fog, a mixing service that helped autopsy of transaction data for 1.2 million Bitla (about 5% of the total offer) between 2011 and 2021. Years. The platform used criminals in many occasions. As a result, Bitcoin Fog Creator Roman Sterlinkov was sentenced to 12 years in prison after he was found guilty From the washing of money conspiracy, transfer of money without a permit in Colombia County and other crimes.

Three members of the Tornado Cash team were arrested on different occasions in the 2020s, because the Mixer platform is allegedly involved in the high operation of money was connected to the Lazaran Group. Tornado Baškoronika Aleksej Pertsev was released in February this year, however, his battle continues.

The case caused a debate on the legal treatment of platforms focused on privacy. The code itself is not a crime. Pertsev wrote an open source service that interferes with transactions data at Etherum Blickcain. He is not the owner of the Cash Tornado, neither the one who uses it to launder money.

Some of the people who commented the case expressed confidence that such situations reveal the urgent need for new laws, such as often crypto platforms and transactions do not match the traditional financial sector frameworks. The situation in which the developer created by the open-skin platform faced with the costs of money laundering signals urgency for more modern regulations. The laws that cross the origin of cryptocurries are often too incorrect to work properly with new technologies and people who build them.

Tokens focused on privacy are surrounded by similar debates. For example, Monero, in addition to other popular cryptocurries, which are aimed at privacy such as a dash or zcash is stanty From many laws on large crypts based on the law in several jurisdictions due to possible use as money for crime, with some connection monero with funding terrorist organizations. We cannot underestimate the importance of MONERO, to some extent, exceeds Bitcoin in some markets as a crypto choice.

Will Pro-Criple Government ban Crypto Mixers?

The future of the mixer crypto is magnated. Some privacy coins and crypto mixers are prohibited in certain jurisdictions, including some of the EU countries or the Netherlands, the US may see loose treatment while the government has a pro-cripto and pro-privacy of the Donald’s course do not approve of CBDCs .

Sanctions against Tornado Cash were abolished in the United States in February, which was celebrated as a win for the CRIPTO Community and the Community of Forgetting Privacy. It may be a sign that now will be a champion of loose regulation of crypto mixers. However, it is too early to judge.

However, as a recent hood emission, the crypto mixer continues to protect the work of the fight against cyber crime for law enforcement. AllegedlyBillions of crypts in value by northern Korean hackers were spent on local nuclear projective programs.

Some developers try to find the perfect balance between the provision of private transactions and fighting criminals. Used platform Supported Vitalk Baterin In 2024 years, the example of a platform trying to adhere to this balanced approach.