Twister Money 2.0: The race to construct protected and authorized coin mixers

When the U.S. authorities sanctioned coin mixer Twister Money, many thought it would spell the top for illicit crypto mixing companies. However theyre again and with a shiny new institutional sheen and legit use circumstances to assist merchants and funds preserve their market strikes a “commerce” secret.

Twister Money is what is called a mixer, a coin anonymizer that breaks the figuring out hyperlinks in blockchain transactions, offering a sure diploma of anonymity for customers.

The explanations folks use coin anonymizers range from criminality to ideology. Unhealthy actors can use Twister Money to cover their naughty deeds, successfully laundering the proceeds of crime and stopping stolen crypto from being traced to them on the blockchain. Thats why the USA Division of the Treasurys Workplace of Overseas Property Management sanctioned the protocol final yr.

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