Cryptomixer Takedown: $25M Bitcoin Seized

Cryptomixer, a major cryptocurrency mixing service, was shut down in a joint law enforcement operation, marking a significant blow to cybercriminals money laundering activities. The service, used to clean illicit Bitcoin, was taken down in Zurich, with servers, domain name, and over €25 million in Bitcoin seized. Authorities gathered over 12 terabytes of data, revealing that Cryptomixer had laundered over €1.3 billion since 2016, primarily from drug trafficking, weapons sales, ransomware attacks, and payment card fraud. This shutdown follows other major actions against mixers, highlighting the ongoing fight against cryptocurrency-related crimes.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.