Today I responded:
… thank you for reaching out and for explaining the review process.
I have to be honest though - I’m a bit disappointed to see a Bitcoin-only company treating standard on-chain privacy practices as something suspicious. Using privacy tools is, in my view, a legitimate and important part of Bitcoin self-custody, and something every Bitcoin user has the right to do.
That said, to clarify the context:
The Bitcoin sent to my Ledn account is entirely my own Bitcoin stash.
JoinMarket was used purely for privacy reasons, not to obscure ownership or origin.
The purpose of the transfer was simply to add additional collateral / autofill volume to my existing Ledn setup.
I don’t see a reason to justify why I value privacy, but I understand that you are operating within certain compliance constraints.
If this particular UTXO is an issue, I’m happy to offer practical alternatives instead of going through an extensive justification process:
I can withdraw the most recent transaction and resend BTC using different UTXOs, or
If needed, I can withdraw my funds entirely and close the loan.
Please let me know how you would like to proceed, and which option causes the least friction on your side.
… thank you for reaching out and for explaining the review process.
I have to be honest though - I’m a bit disappointed to see a Bitcoin-only company treating standard on-chain privacy practices as something suspicious. Using privacy tools is, in my view, a legitimate and important part of Bitcoin self-custody, and something every Bitcoin user has the right to do.
That said, to clarify the context:
The Bitcoin sent to my Ledn account is entirely my own Bitcoin stash.
JoinMarket was used purely for privacy reasons, not to obscure ownership or origin.
The purpose of the transfer was simply to add additional collateral / autofill volume to my existing Ledn setup.
I don’t see a reason to justify why I value privacy, but I understand that you are operating within certain compliance constraints.
If this particular UTXO is an issue, I’m happy to offer practical alternatives instead of going through an extensive justification process:
I can withdraw the most recent transaction and resend BTC using different UTXOs, or
If needed, I can withdraw my funds entirely and close the loan.
Please let me know how you would like to proceed, and which option causes the least friction on your side.