Smartmixer has this special concept of using not just one, but three separate coin-pools. Coin-pools are basically the coin-reserves which a mixer uses to send coins that are clean to users.

So every time a user sends his/her unclean coins into Smartmixer, those coins are saved at an proper 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 delivered by the user.

Users get to choose the specific coin-pool they’d like to receive the coins from, it depends on the service fee a user chooses to pay.

The 3 pools Provided by Smartmixer are: Comprises of coins from other users. Is the cheapest pool.

Smart Pool: Is the maximum volume-rich pool, since it comprises of coins from other users (regular Pool) + Smartmixer’s reserves + Investor’s money. Only holds coins from the company reserves and investor’s cash. No unclean coin from other users gets shipped here. Also costs the maximum service fee.

These pools are what impressed me most about Smartmixer (along with a couple more features). What this establishes is that the new coins will be clean and anonymous, period.

However, what about the different characteristics a mixer should provide? Let us take a peek at them.

That is because it affirms the mixing of a number of coins along with Bitcoin. Infact, it likely is the only mixer in the business with such a varied mixing-portfolio.

Smartmixer.io lets users combine:

Bitcoin

Bitcoin Cash

Harmon was detained in February for operating a stable of tumblers, or mixers, that Washington, D.C. prosecutors allege constitute unregistered money services businesses. Those charges against him say he laundered over $300 million in Bitcoin. According to today’s announcement,”FinCEN’s analysis has identified 356,000 bitcoin trades through Helix.”

Mixing services attempt to privatize cryptocurrencies by sending them through a massive series of transactions involving various wallets. The procedure intends to obscure the origins of coins as well as the entity accountable for these when they come from blending. Harmon’s pellets were just available via the dark net.

FinCEN asserts that Harmon deliberately flaunted the provisions of the Bank Secrecy Act, the basis of U.S. Anti-Money Laundering legislation. It was violations of the BSA that led to criminal charges against the executive team of crypto trade BitMEX before this month.

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