Europol Dismantles Crypto Money Laundering Service, Seizing Over $25 Million in Bitcoin

In a significant operation targeting illicit cryptocurrency activity, Europol and European law enforcement agencies shut down Cryptomixer.io, a prominent service used for money laundering. The seizure of approximately €25 million worth of cryptocurrency has highlighted the ongoing crackdown on illegal activities within the crypto space. This action underscores the increasing regulatory scrutiny focused on Bitcoin privacy services in Switzerland and Germany. The operation involved collaboration with Swiss and German authorities, marking a major step towards combating financial crimes associated with cryptocurrencies.