German and Swiss joint law enforcement shuts down Cryptomixer, which had been operating for nearly 9 years.

Techub News reports, according to Decrypt, German and Swiss joint law enforcement has shut down the cryptocurrency mixer Cryptomixer, which had been operating for nearly 9 years. Since 2016, the platform has laundered a cumulative $1.4 billion worth of Bitcoin. The operation seized 3 servers, 12TB of data, and over $27 million in crypto assets in Zurich, and its domain name was confiscated. Authorities stated that Cryptomixer was a crucial money laundering hub for ransomware gangs, darknet markets, and fraud organizations.