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"Any company that is serving as a custodian for any amount of bitcoin, let alone the amount that BlockFi is, should not have SMS 2FA integrated into any part of their operational process let alone their encrypted back-office system. This is borderline negligence." @MartyBent
— Dan Hannum (@DHannum8) May 19, 2020
It's prohibited activity and we reserve the right to freeze / return deposits from mixing services..is there something specific you want us to be more transparent about? We don't have a choice based on how we are regulated. https://t.co/uluVpePpLY
— Zac Prince (@BlockFiZac) March 2, 2020
You're following regulations that don't exist. Coinjoin is not illegal, nor is it suspicious without more evidence of the same.
Chainalysis has convinced you to pay them to solve problems they created for you and pushed on our industry.
Please reconsider your position.
— Rafael Yakobi, Esq. (@Deliver8tor) March 3, 2020
We are unaware of regulations that require us to discriminate against mixed coins. Future regulations and/or new financial services may require chainalysis, but we don't do it now. As much as possible we design our services to preserve bitcoin's native censorship resistance.
— Unchained Capital (@unchainedcap) May 19, 2020
In light of the BlockFi personal information hack, remember how its this same company who ban users from protecting their own privacy with CoinJoin.
There's nothing in regulations saying CoinJoin must be banned, these guys have just drunk the Chainalysis koolaid. https://t.co/GhO8kr1B9r
— belcher (@chris_belcher_) May 19, 2020