Albeit these are rather interesting times for the Bitcoin industry, not all developments make people happy. Bitcoin Blender, one of the top mixing services still available today, has decided to call it quits. More specifically, the company does so on its own terms, which is rather unusual.
On the surface, Bitcoin mixing services are completely legal. While they do enable transaction privacy for Bitcoin users, the core business model is perfectly fine. How people decide to use these services, however, is a very different matter altogether. In most cases, Bitcoin mixers are used to remove traces from stolen or hacked funds, if all of the reports are to be believed.