According to Deep Tide TechFlow news on December 1, as reported by Decrypt, European law enforcement successfully shut down the crypto tumbler service Cryptomixer, which has laundered over 1.4 billion dollars of Bitcoin since 2016.
This operation was carried out in Zurich, Switzerland, by law enforcement agencies from Germany and Switzerland with the support of INTERPOL and EUROJUST, seizing three servers, 12 TB of data, and over 27 million dollars in Crypto Assets, and confiscating the domain name cryptomixer.io.
According to reports, Cryptomixer provides money laundering services for ransomware gangs, dark web markets, and underground forums, helping criminals obscure the source of transactions to clean illegal proceeds from drug trafficking, arms sales, ransomware attacks, and credit card fraud. Cybercrime consultant David Sehyeon Baek stated that the crypto tumbler has been operating for nearly a decade and has handled large amounts of money, indicating its significant position in the underground market.
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