Law enforcement agencies in Europe shut down Cryptomixer, a cryptocurrency mixing service linked to laundering €1.3 billion worth of Bitcoin. The operation targeted illegal activities including ransomware, fraud, and drug trafficking, seizing servers and data. #Cryptomixer #OperationOlympia
Keypoints
- Cryptomixer was used to anonymize cryptocurrency transactions on both the clear web and dark web.
- The service facilitated laundering of funds from ransomware, credit card fraud, and trafficking operations.
- Law enforcement seized servers, data, and over €25 million worth of Bitcoin during Operation Olympia.
- The operation involved agencies from Germany, Switzerland, Europol, and Eurojust.
- No arrests have been publicly announced in connection with the takedown of Cryptomixer.
Read More: https://www.securityweek.com/29-million-worth-of-bitcoin-seized-in-cryptomixer-takedown/