Europol, Swiss Police Dismantle ‘Cryptomixer’ in Major Bitcoin Laundering Crackdown

Share This Post

Bitcoin Magazine

Europol, Swiss Police Dismantle ‘Cryptomixer’ in Major Bitcoin Laundering Crackdown

Law enforcement agencies in Switzerland and Germany have shut down Cryptomixer.io, one of Europe’s largest illicit Bitcoin-mixing operations. 

The takedown unfolded between Nov. 24 and 28 in Zurich, with Europol coordinating cross-border support.

Authorities seized three servers, the cryptomixer.io domain, more than EUR 25 million in bitcoin and over 12 terabytes of data. A seizure banner (see below) now replaces the site. Investigators say the disruption will fuel new leads tied to ransomware groups, dark-web marketplaces and cross-border money-laundering schemes.

Cryptomixer launched in 2016. It quickly became a go-to service for cybercriminals who needed to hide their tracks, Europol said. The platform operated on both the clear web and dark web. Its hybrid design attracted users from ransomware crews, underground forums and online drug markets.

Cryptomixer

Mixers work by pooling user deposits, shuffling them for long, randomised intervals and redistributing them to new addresses. The process breaks the on-chain trail, making it difficult for analysts to trace specific coins. 

Authorities say Cryptomixer moved more than EUR 1.3 billion worth of bitcoin for clients seeking to wash criminal proceeds. The service was frequently used before funds were pushed to exchanges, ATMs or bank accounts.

German federal investigators said the operation generated “billions of euros in revenues,” much of it tied to illegal activity. The Frankfurt Prosecutor General’s Office and the German Federal Criminal Police Office (BKA) worked alongside Zurich city and cantonal police to lead the on-site action. 

Europol and Eurojust had support from The Hague.

Details of the cryptomixer shutdown

On the action day, Europol deployed cybercrime specialists to Zurich for forensic assistance and real-time coordination. The agency said its Joint Cybercrime Action Taskforce played a central role in connecting investigators across borders. 

Europol also noted similarities to its 2023 takedown of ChipMixer, at the time the largest mixer ever dismantled.

Swiss authorities said the volume of data seized—over 12 terabytes—will be crucial for mapping wider criminal networks. Investigators believe it contains transaction logs, operational documentation and communication records that may link multiple cybercrime groups.

Cryptomixing services have long drawn scrutiny for enabling ransomware payouts, drug sales, weapons trafficking and payment-card fraud.

Regulators and agencies across the EU and U.S. have increasingly targeted mixers that advertise anonymity. High-profile precedents include sanctions and criminal charges against Tornado Cash founders in the U.S. and Netherlands.

Germany’s BKA said the findings from Cryptomixer “will contribute to the investigation of further cybercrimes.” Both countries signaled that more actions against crypto-laundering infrastructure may follow as forensic teams dig through the seized servers and blockchain data.

This post Europol, Swiss Police Dismantle ‘Cryptomixer’ in Major Bitcoin Laundering Crackdown first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

FUD Frenzy: XRP Battles Its Biggest Sentiment Drop In Months—Data

According to an analytics report, XRP traded near $206 on Friday as social chatter around the token turned sharply negative after a two-month slide of about 30% Related Reading: A New Era Begins:

“Ethereum Price Could Surge Toward $62,000 in Long-Term Outlook.” Tom Lee Says

The post “Ethereum Price Could Surge Toward $62,000 in Long-Term Outlook” Tom Lee Says appeared first on Coinpedia Fintech News Ethereum has climbed back above $3,200 after falling below $2,700

DeFi Protocol USPD Loses $1 Million in “CPIMP” Attack

The post DeFi Protocol USPD Loses $1 Million in “CPIMP” Attack appeared first on Coinpedia Fintech News A decentralized finance platform called USPD has fallen victim to a complex security breach

Kraken Crypto Exchange Launches Elite Service Program for Wealthy Digital Asset Investors

Kraken introduces invitation-only VIP platform targeting ultra high net worth individuals with comprehensive premium crypto services Kraken announced the public launch of its VIP program on December

Bitcoin Cash Price Prediction 2025, 2026 – 2030: Will BCH Hit $1000?

The post Bitcoin Cash Price Prediction 2025, 2026 – 2030: Will BCH Hit $1000 appeared first on Coinpedia Fintech News Story Highlights The live price of Bitcoin Cash is Price predictions for 2025

Trump Jr.’s Company Buys 363 $BTC, Fueling PEPENODE’s $2.2M Presale

Quick Facts: ➡️ Trump Jr’s American Bitcoin buys 363 $BTC, increasing its reserves to 4,367 Bitcoins, while in the middle of a full bear market ➡️ Large players like American Bitcoin