Police in Ohio have rounded up a man for Bitcoin laundering through allegedly helping criminals clean their illegally acquired gains through the operation of a mixer business while accepting payments through Bitcoin. Assumptions about bitcoin laundering The government and the media assume that Bitcoin is only used for criminal activities. In particular, they point out that cryptocurrencies such as Bitcoin are used to pay for prohibited items like drugs and firearms as well as proceeds from illegal activities. The biggest percentage of cryptocurrency transactions in truth are legal and only a small percent is used for activities. The case here
