Bitstamp and Bitfinex to add new pairs

Bitstamp will start BCH trading in December; Bitfinex now trades Bitcoin with Euro
22 November 2017   2294

Bitstamp, the currency exchange, has announced support for Bitcoin Cash. The start of trading in BCH / USD, BCH / EUR and BCH / BTC pairs is scheduled for early December.

As noted in the statement of Bitstamp, this decision was made in connection with the high demand for the ability to trade BCH and is part of the general efforts of the exchange to add more currencies.

In addition to bitcoin Bitstamp users are available to bid with Ripple, Ethereum and Litecoin.

Also, Bitfinex cryptocurrency exchange will start trading Bitcoin with Euro in December.

The was no additional official comments or statements regarding this new pair, but as far as we understand, this measure was made to provide Bitfinex EU users with more comfortable trading.

Dutch Authorities to Shut Down Bestmixer

The service is accused of launder over $200M worth crypto with coin "mixing" - spliting the amount and mixing it with other coins from different sources
23 May 2019   269

The Bitcoin mixing service Bestmixer was forced to cease operations after a nearly one-year investigation of money laundering charges. It is reported by Bleeping Computer.

Like other similar services, Bestmixer.io split the amount in bitcoins into smaller transactions and mixed them with transactions from other sources in order to hide their origin, and then transfers the entire amount minus the commission to the final address.

It also offered similar services with Litecoin and Bitcoin Cash.

The investigation believes that service customers could launder money through cryptocurrency.

Bestmixer offered a very clear page on why someone should mix their cryptocurrency. On this page Bestmixer described the current anti-money laundering policies and how its service could help evade these policies by making funds anonymous and untraceable. Offering such a service is considered illegal in many countries.
 

John Fokker

Head of Cyber Investigations, McAfee

Bestmixer was opened in May 2018. For the year of its existence, its turnover amounted to about 27,000 BTC (approximately $ 200 million). Fiscal Information and Investigation Service claims that a significant part of the funds passed through the mixer was obtained as a result of conducting illegal activities or was used to finance criminal gangs.

Policemen confiscated a domain and six servers in Luxembourg and the Netherlands. In addition, they got access to all transactions carried out using the service, cryptocurrency and IP-addresses, as well as messages from the chat. This information is currently transmitted to Europol.