Huge cryptomixer takedown sees feds seize over $30milion

• Europol and partners shut down Cryptomixer.io, a major cryptocurrency mixing service
• Operation seized servers, domain, 12TB of data, and $29M in crypto assets
• Mixers often aid cybercriminals; prior takedowns include Bestmixer, ChipMixer, and Sinbad

German and Swiss authorities, together with Europol, Eurojust, and US law enforcement, have taken down Cryptomixer.io - allegedly one of the largest cryptocurrency mixing services in existence.

As the name suggests, this is a service that “mixes” cryptocurrencies. Because of their transparent and pseudonymous nature, most cryptocurrency transactions can be tracked rather easily, and if the user exposes their identity at any point (for example, spends a little crypto in a coffee shop covered with security cameras), their entire transaction history can be traced back.

Since crypto is the currency of choice for many cybercriminals, this is a problem. That's where ‘mixers’ come in. Crooks can send stolen money to the ...