▫️Is Houdini Swap a crypto mixer?

No, Houdini Swap does not operate as a crypto mixer. Here’s a detailed explanation:

Crypto Mixer Function: Crypto mixers typically aggregate crypto in a pool to obscure their origin and destinations and in so doing operate as a form of financial intermediary. They are recognised as being widely used in illicit activity and in some jurisdictions, notably the United States, where their unregulated use may be illegal.
Our Approach: Houdini Swap offers compliant private transactions which, amongst other things, are subject to industry standard AML/ATF screening systems and processes and is exclusively for the use of legitimate users who participate in legal activity.

AML Systems with Exchange Partners: All our exchange partners employ real-time Anti-Money Laundering (AML) and Anti-Terrorism Financing (ATF) systems. These systems actively monitor transactions and can block those identified as high-risk or linked to illegal activities.
Transaction Limits and Restrictions: To further safeguard against misuse, we do not accept transactions exceeding $50,000. Additionally, transactions originating from the Tor network, often associated with illicit activities, are not accepted on our platform.
Compliant Systems and Ethical Standards: Our operational model is built on compliant systems and ethical financial practices.
User Responsibility: We emphasise the importance of legal and proper use of our platform by our users.

Last updated 6 months ago