In the Bitcoin world, there are many services which are a different type of gray. Not everything is black and white where cryptocurrencies are concerned by any means. Bestmixer, one of the more popular Bitcoin mining services, has been shut down by Dutch officials. A remarkable development, albeit it is not entirely surprising either.
Curtain Call for Bestmixer
Ever since Bitcoin mixing services first came to market, there have been plenty of allegations. Why would anyone pay money to a stranger on the internet to hide the source of their Bitcoin transactions? Surprisingly, these mixers quickly became a staple in the crypto industry. Most of these platforms tend to generate a fair bit of revenue, as users seem willing to entrust them with multiple BTC worth of funds per transaction.
In the case of Bestmixer, it quickly became one of the biggest and most popular Bitcoin mixing services on the internet. This is primarily because the service also offered support for Bitcoin Cash and Litecoin. While those currencies are less…