All news with #crypto mixer tag

German, Swiss Authorities Shut Crypto Mixer, Seize €25M

🔒 Investigators from Germany and Switzerland have shut down a cryptocurrency mixing service and seized server infrastructure, securing crypto assets with a converted value of around €25 million. Authorities say the platform, cryptomixer.io, was active since 2016 and allowed anonymous deposits and withdrawals. The operators are suspected of commercial money laundering and running a criminal trading platform; evidence including servers and email accounts was seized in Switzerland.

Police Seize Cryptomixer and €24M in Bitcoin Servers

🔒 Law enforcement in Switzerland and Germany dismantled the Cryptomixer cryptocurrency-mixing service during Operation Olympia, seizing three servers, the cryptomixer.io domain, and about €24 million in Bitcoin. Europol and Eurojust supported the operation. Cryptomixer had been used to obfuscate proceeds from ransomware, drug and weapons trafficking, and payment card fraud by pooling and redistributing funds across many addresses, often taking a commission for the service.