Privacy coins are legal. Mixing/laundering services are not.

I see a lot of people complaining about the hammer coming down on mixing services. By using a mixing service, you're asking for trouble.It's a money laundering service, and a good deal of the coins mixed are from ill-gotten gains. You're using a service that takes your (probably legal) coins, and trades them for coins with a dirty history. You're gaining some privacy by helping someone else launder their money- or you're laundering your own money directly.Either way, you're incredibly likely to end up with some tainted coins.Privacy coins are not illegal, and won't make you complicit when it comes to helping others launder their money. Stop using mixing services, and support privacy coins instead.

Submitted February 16, 2020 at 03:53PM

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