{"id":64450,"date":"2022-07-15T14:38:00","date_gmt":"2022-07-15T11:38:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=64450"},"modified":"2025-09-06T14:32:09","modified_gmt":"2025-09-06T11:32:09","slug":"chainalysis-identifies-main-users-of-bitcoin-mixers-in-2022","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/chainalysis-identifies-main-users-of-bitcoin-mixers-in-2022\/","title":{"rendered":"Chainalysis identifies main users of Bitcoin mixers in 2022"},"content":{"rendered":"<p>Activity in the use of cryptocurrency mixers doubled in 2022 compared with the previous year, according to a report by analytics firm Chainalysis.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">1\/ Mixers are receiving more <a href=\"https:\/\/twitter.com\/hashtag\/crypto?src=hash&#038;ref_src=twsrc%5Etfw\">#crypto<\/a> than ever in 2022. The 30-day moving avg reached an all-time high of $51.8M worth of crypto on 4\/19\/22, roughly doubling incoming volumes YoY. Let&#8217;s break down the increase in mixer usage &#038; where those funds are going. <a href=\"https:\/\/t.co\/oOIpHaWbYA\">https:\/\/t.co\/oOIpHaWbYA<\/a> <a href=\"https:\/\/t.co\/uOltJ0kHYX\">pic.twitter.com\/uOltJ0kHYX<\/a><\/p>\n<p>\u2014 Chainalysis (@chainalysis) <a href=\"https:\/\/twitter.com\/chainalysis\/status\/1547570192011522050?ref_src=twsrc%5Etfw\">July 14, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div>\n<\/figure>\n<p>In April, the 30-day moving average reached an all-time high of $51.8 million. According to analysts, the most active mixer users this year have been cybercriminals and state actors under sanctions.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cIllicit addresses account for 23% of funds sent to mixers in 2022, compared with 12% in 2021,\u201d Chainalysis reports.<\/p>\n<\/blockquote>\n<p>Analysts note that there are legitimate reasons to use mixers, including trading cryptocurrency under an oppressive government or anonymizing legitimate but confidential transactions.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cHowever the primary functionality of such services, combined with the fact that they rarely request KYC information, makes them attractive to cybercriminals,\u201d the researchers added.<\/p>\n<\/blockquote>\n<p>Mixer activity in the United States is classified as money transfers under the Bank Secrecy Act. Such transactions must be registered with the <span data-descr=\"United States Financial Crimes Enforcement Network\" class=\"old_tooltip\">FinCEN<\/span> and implement an anti-money-laundering program. However Chainalysis is not aware of any mixers currently complying with KYC\/AML procedures.<\/p>\n<p>The funds received by mixers largely come from centralized exchanges, protocols and DeFi addresses linked to sanctioned countries, the dark web, and hackers such as North Korea\u2019s Lazarus Group.<\/p>\n<p>Analysts, however, do not rule out that in the future the popularity of such services could decline due to the ability of analytical tools to de-mix certain transactions and trace the original source of funds.<\/p>\n<p>< p>Earlier in May, the U.S. Treasury <a href=\"https:\/\/u1f987.com\/en\/news\/blender-io-mixer-sanctioned-by-the-united-states\">added to the sanctions list the cryptocurrency mixer<\/a> Blender.io and related Bitcoin and Ethereum addresses. According to the agency, the service helped launder funds stolen by North Korean hackers and was allegedly involved in ransomware attacks.<\/p>\n<p>Blender received <a href=\"https:\/\/u1f987.com\/en\/news\/ronin-the-ethereum-sidechain-hacked-attacker-siphons-625-million\">about $20.5 million of the $622 million<\/a>, stolen in the Axie Infinity Ronin cross-chain bridge hack.<\/p>\n<p>In June, cybercriminals sent <a href=\"https:\/\/u1f987.com\/en\/news\/elliptic-lazarus-hackers-may-be-behind-horizon-attack\">$36 million in Ethereum<\/a> from the Harmony Protocol Horizon bridge to the Tornado Cash mixing service. Analysts point to several reasons suggesting that North Korea\u2019s Lazarus Group was behind the hack.<\/p>\n<p>Read ForkLog bitcoin news in our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Activity in the use of cryptocurrency mixers doubled in 2022 compared with the previous year, according to Chainalysis.<\/p>\n","protected":false},"author":1,"featured_media":64451,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[274,1154,1256,686],"class_list":["post-64450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-chainalysis","tag-crimes","tag-privacy-and-personal-data","tag-sanctions"],"aioseo_notices":[],"amp_enabled":true,"views":"9","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/64450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=64450"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/64450\/revisions"}],"predecessor-version":[{"id":64452,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/64450\/revisions\/64452"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/64451"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=64450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=64450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=64450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}