⚠️⚠️Breaking News!!
Authorities in Europe have shut down a popular crypto company called Cryptomixer over suspected facilitation of cybercrime and money laundering.
Founded in 2016, Cryptomixer is a cryptocurrency mixer.Touted as privacy-focused services, crypto mixers such as Tornado Cash and Cryptomixer have come under intense scrutiny for allegedly helping cover up the tracks of illicit crypto funds.
The European Union Agency for Law Enforcement Cooperation or Europol, the law enforcement agency of the European Union (EU), supported law enforcement authorities from Switzerland and Germany in Zurich, Switzerland, during Nov. 24-28 to take down Cryptomixer, Europol said on Dec. 1.
The authorities seized Cryptomixer servers and over $29 million worth of Bitcoin (BTC) during the operation in Switzerland.
