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sandworm101 • today at 11:04 AM • 0 replies • view on HN

Yes, but only if the organization is cooperative. Say you are a cop in Paris investigating some shady bitcoin transactions. But the mixer is in Japan. So you spend a year getting their records, only to point to another mixer in Canada. The goal isn't mathematical untraceability, just increasing the burden on investigators to the point they move on to easier targets. There are always lots of speeding tickets that need handing out.