Xmr.to shuts down Monero exchange service

Re:Xmr.to shuts down Monero exchange service by muskox2 on Tuesday February 23, 2021 @02:53PM (#26242032)

I wonder if the recent price drop (from $280 to $180) is related to this.

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Re:Xmr.to shuts down Monero exchange service by thinkmassive on Tuesday February 23, 2021 @03:17PM (#26242338)

You don’t need to wonder, it’s specified in the post:

“we won't compromise on our principles and, to give one example, are not prepared to turn our back on digital privacy preserving technologies such as TOR and VPNs. We have now got to the point where it no longer looks feasible to run this service in a manner consistent with our core beliefs.”

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Re:Xmr.to shuts down Monero exchange service by john_alan on Tuesday February 23, 2021 @03:40PM (#26242591)

This was announced weeks ago. Before the rise recently.

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Re:Xmr.to shuts down Monero exchange service by thinkmassive on Tuesday February 23, 2021 @03:53PM (#26242723)

Correct, the linked post is from Jan 31.

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Re:Xmr.to shuts down Monero exchange service by sn_master on Tuesday February 23, 2021 @04:55PM (#26243408)

Does this mean they were getting push back from law enforcement agencies?

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Re:Xmr.to shuts down Monero exchange service by thinkmassive on Tuesday February 23, 2021 @05:23PM (#26243749)

There’s a tiny bit of speculation here, but it doesn’t seem like any further official clarification will happen

https://www.reddit.com/r/Monero/comments/la46ds/comment/gllq...

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Re:Xmr.to shuts down Monero exchange service by YeBanKo on Tuesday February 23, 2021 @05:39PM (#26243942)

It’s more likely from their lawyers, who recommended this to avoid compliance issues in the future.

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Re:Xmr.to shuts down Monero exchange service by zmnxos on Tuesday February 23, 2021 @03:07PM (#26242227)

They announced this before the price ran up to $280.

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