Swiss & German Authorities Dismantle Bitcoin Mixing Platform, Impacting Global Cybercrime

In a major international takedown, Swiss and German authorities shut down Cryptomixer.io, a leading Bitcoin mixing service long suspected of enabling cybercrime and money laundering. The operation, initiated on Wednesday and publicly announced December 1st, resulted in the seizure of servers, over 12 terabytes of data, and more than €25 million ($29M) worth of Bitcoin. 💰