Coin Mixer

A coin mixer is a software or service that mixes the cryptocurrencies of many different users to preserve privacy and anonymity despite the public ledger of blockchain networks. Coin mixing increases the challenge of tracking transactions, and has been found evident in dark web activities and money laundering in addition to its legal uses.

Tornado.Cash on the Ethereum network is a popular example and is often used to funnel ill-gotten funds off networks.

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