Odaily News The European Police Organization stated that Germany and Switzerland have cooperated across borders to shut down the crypto mixer Cryptomixer, which has “cleaned” over 1.4 billion dollars worth of Bitcoin since 2016. This operation took place in Switzerland, seizing three servers, 12TB of data, and over 27 million dollars in crypto assets. Cybercrime experts indicate that this crackdown will cause short-term disruption to criminal groups, but most criminal organizations are likely to shift to other money laundering services within weeks. (Decrypt)
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Europol: Cross-border cooperation between Germany and Switzerland to seize the encryption mixer Cryptomixer
Odaily News The European Police Organization stated that Germany and Switzerland have cooperated across borders to shut down the crypto mixer Cryptomixer, which has “cleaned” over 1.4 billion dollars worth of Bitcoin since 2016. This operation took place in Switzerland, seizing three servers, 12TB of data, and over 27 million dollars in crypto assets. Cybercrime experts indicate that this crackdown will cause short-term disruption to criminal groups, but most criminal organizations are likely to shift to other money laundering services within weeks. (Decrypt)