Chainalysis Reports Most Cryptocurrency Mixed For Personal Privacy Not Illicit Purposes

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Mark Mason

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Feb 24, 2017
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Chainalysis Reports Most Cryptocurrency Mixed For Personal Privacy Not Illicit Purposes



Mixed private bitcoin and cryptocurrency transactions are largely not for nefarious purposes says blockchain analysis firm Chainalysis.

During a recent webinar, blockchain analysis firm Chainalysis weighed in on Bitcoin transactions sent to mixers, services that jumble funds together to obscure their origin and preserve the privacy of the sender. The largest source of funds sent to mixers at 40% is allegedly exchanges, representing verified users withdrawing their funds, likely pursuing greater privacy.

Read more - https://dashnews.org/chainalysis-re...ed-for-personal-privacy-not-illicit-purposes/
 
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