Difference between revisions of "Mixing service"

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(See Also: Add entries for Bitcoin Mixnet and Anonymity article.)
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Mixes ones funds with others with the intention to confuse the trail back to the original source of the funds.
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#redirect [[Bitcoin mixer]]
 
 
Compared to the traditional financial systems this service might be the equivalent of moving funds through banks located in countries that have strict bank-secrecy laws. Such countries include the Cayman Islands, the Bahamas, and Panama<ref>[http://en.wikipedia.org/wiki/Offshore_bank Offshore bank]</ref>.
 
 
 
The term money laundering refers to practice of performing this mixing because the funds are illegally obtained.  After laundering, the funds appear legitimate<ref>[http://en.wikipedia.org/wiki/Money_laundering Money laundering]</ref>.
 
 
 
==See Also==
 
 
 
* [[Anonymity]]
 
* [http://www.bitcoin.org/smf/index.php?topic=2893.0 RFC: Bitcoin Mixnet]
 
* [[Bitcoin Laundry]]
 
* [[BitLaundry]]
 
 
 
==References==
 
<references />
 
 
 
[[Category:Financial]]
 

Latest revision as of 09:12, 31 December 2023

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