Harmon was detained in February for working a steady of tumblers, or mixers, that Washington, D.C. prosecutors allege constitute unregistered money services companies. Those fees against him say he laundered around $300 million in Bitcoin. According to today’s announcement,”FinCEN’s analysis has identified at least 356,000 bitcoin transactions through Helix.”
Smartmixer has this special idea of using not just one, but three separate coin-pools. Coin-pools are basically the coin-reserves that a mixer utilizes to send coins that are clean to users.
So every time a user sends his/her unclean coins to Smartmixer, those coins are stored at an appropriate coin-pool, and the user is routed different coins from among the pools. These new coins are in no way linked to the older coins sent by the user.
Users get to pick the specific coin-pool they’d like to receive the coins out of, it depends on the service fee that a user chooses to cover.
The three pools offered by Smartmixer are:
Standard Pool: The most common pool for virtually any mixer. Comprises of coins from other users. Is the least expensive pool.
Smart Pool: Is the maximum volume-rich pool, since it includes of coins from different users (regular Pool) + Smartmixer’s reservations + Investor’s money. Only retains coins out of the company reservations and investor’s cash. No unclean coin from other users gets sent . Also costs the highest service fee.
All these pools are what impressed me most about Smartmixer (along with a couple more features). What this establishes is the brand new coins will be clean and anonymous, period.
But what about the different features a mixer should offer? Let us take a look at them.
That’s because it supports the mixing of numerous coins along with Bitcoin. Infact, it likely is the only mixer in the industry with such a diverse mixing-portfolio.
Smartmixer.io enables users combine:
Mixing services try to privatize cryptocurrencies by sending them via a huge series of transactions involving various wallets. The process intends to obscure the origins of coins as well as the entity accountable for them when they come from mixing. Harmon’s pellets were just accessible via the dark net.
FinCEN claims that Harmon deliberately flaunted the provisions of the Bank Secrecy Act, the cornerstone of U.S. Anti-Money Laundering legislation. In case you adored this article and also you desire to get more information regarding Ethereum Mixer generously visit our web site. It was violations of the BSA which resulted in criminal charges against the executive team of crypto trade BitMEX earlier this month.