"Law enforcement agencies in Switzerland and Germany have shut down Cryptomixer.io, one of Europe's largest illicit Bitcoin-mixing operations. The takedown unfolded between Nov. 24 and 28 in Zurich, with Europol coordinating cross-border support. Authorities seized three servers, the cryptomixer.io domain, more than EUR 25 million in bitcoin and over 12 terabytes of data. A seizure banner (see below) now replaces the site. Investigators say the disruption will fuel new leads tied to ransomware groups, dark-web marketplaces and cross-border money-laundering schemes."
"Cryptomixer launched in 2016. It quickly became a go-to service for cybercriminals who needed to hide their tracks, Europol said. The platform operated on both the clear web and dark web. Its hybrid design attracted users from ransomware crews, underground forums and online drug markets. Mixers work by pooling user deposits, shuffling them for long, randomised intervals and redistributing them to new addresses. The process breaks the on-chain trail, making it difficult for analysts to trace specific coins."
Swiss and German law enforcement shut down Cryptomixer.io between Nov. 24 and 28 in Zurich with Europol coordinating cross-border support. Authorities seized three servers, the cryptomixer.io domain, over EUR 25 million in bitcoin and more than 12 terabytes of data, and replaced the site with a seizure banner. Investigators expect the seized data to generate leads connecting ransomware groups, dark-web marketplaces and cross-border money-laundering schemes. Cryptomixer launched in 2016, operated on both the clear web and dark web, and served ransomware crews, underground forums and online drug markets. Authorities say the service moved more than EUR 1.3 billion in bitcoin.
Read at Bitcoin Magazine
Unable to calculate read time
Collection
[
|
...
]