3min chapter

Coin Stories cover image

NVK on Stolen Bitcoin Keys, Privacy, Coin Mixers and Seed Phrase Tips

Coin Stories

CHAPTER

Privacy Tools and Coin Mixers in the Context of FinCEN Legislation

This chapter explores the topic of coin mixers and the privacy concerns surrounding them in the context of FinCEN legislation. Three major solutions - samurai, wasabi, and joint markets - are discussed, which enable users to anonymize Bitcoin transactions. The chapter also highlights the importance of being cautious while handling coins to avoid inadvertent identity disclosure and mentions the possibility of exchanges blocking accounts linked to coin mixers.

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