Bitcoin mixing service CoinJoin starts blacklisting BTC tied to illegal activity (via Timccopeland)
last year. “This should be in the rights of the company to do but believe me, none of us are happy about this.”
The blacklisting applies to those using the zkSNACKs coordinator run by the Wasabi team. The coordinator is the machine that organizes the mixing of bitcoin among multiple people’s wallets. The blacklisting doesn’t apply to anyone who uses alternative coordinators, which, as RafeAccording to the announcement, the coordinator will reject certain UTXOs from using the service. A UTXO — which stands for Unspent Transaction Output — is essentially what’s created every time someone spends bitcoin.
© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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