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European agencies close crypto mixing services by the Bestmixer.io

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The cryptocurrency mixing services provided by the Bestmixer.io have been closed down by The Dutch Fiscal Information and Investigation Service (FIOD), with Europol and Luxembourg authorities According to an announcement made on 22nd May, the agencies have successfully detained six servers of the mixing service provider in the Netherlands as well as Luxembourg. Cryptocurrency mixing or tumbler services give out suprising results regarding the transaction data of non-private coins that makes the transaction sources undetectable, not unlike to the transaction with a digital currency that comes under heavy privacy and security. These services can mostly erase any record of the digital assets that is involved in illegal or sham activity, making them legal or clean.

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The cryptocurrency mixing services provided by the Bestmixer.io have been closed down by The Dutch Fiscal Information and Investigation Service (FIOD), with Europol and Luxembourg authorities

According to an announcement made on 22nd May, the agencies have successfully detained six servers of the mixing service provider in the Netherlands as well as Luxembourg.

Cryptocurrency mixing or tumbler services give out suprising results regarding the transaction data of non-private coins that makes the transaction sources undetectable, not unlike to the transaction with a digital currency that comes under heavy privacy and security. These services can mostly erase any record of the digital assets that is involved in illegal or sham activity, making them legal or clean.

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