ChipMixer Crypto Laundromat Shut Down By German and US Authorities

An investigation spearheaded by German and American authorities and supported by Europol, Belgium, Poland, Switzerland, and other countries has focused on the cryptocurrency mixer known as ChipMixer.

The anti-money-laundering operation, which was carried out on Wednesday, destroyed the ChipMixer network and confiscated four servers, 7TB of data, and 1909.4 Bitcoins (approximately $47.3m) in 55 transactions.

According to reports, the majority of the confiscated monies were linked to dark web markets, crypto assets that had been stolen, ransomware organizations, trafficking in illegal items, and the purchase of materials for child sexual abuse read more ChipMixer Crypto Laundromat Shut Down By German and US Authorities.

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