FTX attacker has started laundering Bitcoins through ChipMixer: Insights by zachxbt and FatManTerra
In a"peel chain" transaction pattern, Ethereums from FTX are distributed between various addresses, CertiK cybersecurity analysts noticed.Another prominent analyst @FatManTerra shared his theory about the ChipMixer service. He claims that it might be run by U.S. governmental agencies to crack Bitcoin privacy and deanonymize transfers.
🧵 Today, I'm sharing my long-standing theory behind a US government covert operation designed to partially crack Bitcoin privacy and deanonymize transactions. I believe that popular Bitcoin mixer ChipMixer is actually a United States government honeypot. Here's why.The analyst highlighted that despite the crackdown on Tornado Cash, ChipMixer still operates openly. Running such a centralized service is highly illegal.
By printing time, one of the most popular ChipMixer domains is labeled by MetaMask Phishing Detection as a website from CryptoScamDB. The service restricts access to ChipMixer as it can compromise visitors' security.
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