Why is putting coins from agora back in to your wallet bad?

So i moved some coins from agora to my electrum wallet, they had already been tumbled. What are the ramifications of doing this?

But wait, it gets worse. I then took those coins in my wallet and put them back in to agora directly. I haven't used them for anything yet.

What do I do? Why is this such a huge mistake (is it a mistake?)


Comments


[5 Points] samwhiskey:

You're fine.


[1 Points] eleftheria_nxs:

Who says this would be a mistake?

I assume you routed your Bitcoin-client through Tor first, for obvious OPSEC reasons. Then all should be fine.


[1 Points] ihavebigtanks:

Hypothetically, and its a big hypothetical, it could be used to identify you. How likely is it that someone would dedicate a large amount of time and resources to inspect one single withdrawal? Almost infinitely unlikely.

But theoretically a process of identifying you would go like this: Make several deposits and withdrawals from agora, mapping the BTC addresses the market uses for its internal mixing process. Monitor those addresses and any addresses one step outside of the mixer, the ones that the mixer transfers to. Depending on how agora structures its withdrawals, those wallets are either dedicated wallets used by agora for withdrawals, or users wallets withdrawals are being sent to. Either way, you have just identified wallets used by customers of agora by monitoring coins leaving the internal mixer.

From that point you set up a series of malicious nodes and monitor the network and the wallet for a while. With just a few malicious nodes you can deanonymize ~10% of the network by being the first node in the network propagation. If you can tie an IP address to the wallet you've already tied to agora, you have just identified a user, provided they arent sending their transfers through tor.

This is highly unlikely and doesnt work well when trying to target one person. It'd work better if they compiled a large list of wallets used by customers and used malicious nodes to randomly identify them as they have the opportunity. They wouldnt be able to pick and choose who they deanonymize, it would simply be whichever clients send their transaction through your malicious nodes as the first hop.

Again, highly technical, not likely to hold up in court, and useless for targeting a specific individual.

But possible none the less.


[-1 Points] MollyCanada:

its not. Block chain transactions cannot actually be tracked its nearly impossible. Most people have no idea what they are talking about. Other than if your buying from a place that has your ID aka CoinBase or Another place like that. LBC is good, price may be up but you pay a fee for being anonymous. You are fine.