Over the last eight years, U.S. law enforcement has seized a great number of bitcoins and at one time, the Federal Bureau of Investigation (FBI) held one of the largest bitcoin wallets after the Silk Road takedown. A recently published report shows the FBI has started using cryptocurrency mixing applications in recent times in order to obfuscate transactions from seized bitcoins that stem from a forfeiture. Do as I Say, Not as I Do The U.S. government is far from transparent and a newly published report shows just how shady the feds can be these days. The author Joshua Davis explains with great detail that the FBI has been evading “transparency and accountability” specifically when law enforcement has been handling funds from a seizure. For years now, the FBI, the United States Department of Justice (DoJ), and FinCEN have said that the use of bitcoin mixers should be criminalized. The Feds have prosecuted operators of large centralized bitcoin mixers as well charging the operators
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