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Europol, Switzerland, Germany Authorities Seize $1.51B Bitcoin Laundering Service Cryptomixer
- Between November 24 and November 28, Swiss and German police dismantled Cryptomixer in Zurich with support from Europol and Eurojust, seizing three servers and the cryptomixer.io domain.
- Europol described how Cryptomixer operated as a hybrid clear‑web and dark‑web mixing service; it facilitated laundering of more than 1.3 billion euros in bitcoin since 2016 for ransomware groups, underground economy forums and dark web markets.
- Authorities seized more than 25 million euros in bitcoin and over 12 terabytes of data; investigators said Cryptomixer used long settlement windows and randomized distribution patterns to obscure proceeds from drug trafficking, weapons sales, ransomware attacks and payment-card fraud.
- Removing the platform and its infrastructure hinders criminals' ability to convert tainted crypto into fiat, while seized data and infrastructure could fuel investigations and prosecutions, Europol said.
- This action continues a series of global enforcement moves targeting crypto mixers and their operators, including Europol's March 2023 ChipMixer takedown with four servers, 7 TB of data, and $46.5 million seized, plus recent Samourai Wallet prosecutions laundering over $237 million.
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Authorities take down Cryptomixer, seize $28M in Switzerland
European authorities shut down and seized the assets of Cryptomixer, a cryptocurrency mixing service that allegedly facilitated more than $1.5 billion in money laundering for cybercriminals and other illegal activity, Europol said Monday. The weeklong operation, part of “Operation Olympia,” netted the seizure of nearly $28 million in Bitcoin, three servers in Switzerland, the cryptomixer.io domain and more than 12 terabytes of data, officials s…
The authorities have disabled the platform "Cryptomixer.io". It is not the first action against dubious crypto services.
·Zürich, Switzerland
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The public prosecutor's office of the canton of Zurich managed to remove servers of a Bitcoin mixer operated in Zurich.
·Zürich, Switzerland
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Total News Sources43
Leaning Left2Leaning Right1Center5Last UpdatedBias Distribution63% Center
Bias Distribution
- 63% of the sources are Center
63% Center
L 25%
C 63%
12%
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