Bitmixer.io has declared the closing of its processes. It is the operator of one of the biggest bitcoin mixing companies in the world. It is not understandable if the expansion has any connections with AlphaBay users with the websites links.
One of the biggest unlawful drugs marketplaces online, the website encountered shutting down lately on the instructions of the Justice Department. The website is said to be 10 times larger than the tarnished Silk Road marketplace that was closed by the Federal Bureau of Investigation of the U.S. in 2013.
In an online post the company declared on one of the Bitcoin forums the news of its closure:
Despite the huge profit we earn, we are closing our activity. Let me explain why.
I’m bitcoin enthusiast since 2011. When we started this service I was convinced that any Bitcoin user has a natural right to privacy. I was totally wrong. Now I grasped that Bitcoin is a transparent non-anonymous system by design. Blockchain is a great open book. I believe that Bitcoin will have a great future without dark market transactions. You may use Dash or Zerocoin if you want to buy some weed. Not Bitcoin.
I hope our decision will help to make Bitcoin ecosystem more clean and transparent. I hope our competitors will hear our message and will close their services too. Very soon this kind of activity will be considered as illegal in most of the countries.
Around for most of the years, Bitmixer.io is claimed to be developed to offer privacy to the customers of Bitcoin, the popular crypto currency, to carry out their work. On the other hand, Bitcoin is also frequently seen as a mean for performing many of the online crimes. Many hackers have asked after ransomware attacks for transactions in Bitcoins.
In May this year, Wipro, the Indian IT giant, got an unidentified email, bullying a huge attack on all its headquarters in Bengaluru if the firm did not pay Rs 500 Crore in form of bitcoins. The email also contained a link as to where the bitcoins was needed to be paid.