Policy Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail European Authorities Seize $1.51B B Policy Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail European Authorities Seize $1.51B B

European Authorities Seize $1.51B Bitcoin-Mixing Service Cryptomixer

Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail

European Authorities Seize $1.51B Bitcoin-Mixing Service Cryptomixer

Europol dismantled a crypto-mixing platform it said is used by ransomware groups and darknet markets to launder bitcoin, seizing servers, data and $29 million in BTC.

By Jamie Crawley, AI Boost|Edited by Sheldon Reback
Dec 1, 2025, 3:37 p.m.
Bitcoin mixing service Cryptomixer was closed down by European authorities. (David von Diemar/Unsplash modified by CoinDesk)

What to know:

  • Europol, along with authorities in Switzerland and Germany, has taken down Cryptomixer, a long-running crypto-mixing service alleged to have laundered more than $1.51 billion in bitcoin.
  • The operation resulted in the seizure of three servers, the service’s domain, $29 million in BTC, and 12 terabytes of data.
  • Crypto mixers obscure blockchain traces and can be used as money-laundering tools by cybercriminal groups to cash out illicit funds.

Cryptomixer, a cryptocurrency-mixing service allegedly used by cybercriminals to launder illicit bitcoin BTC$86,563.37, has been dismantled in a coordinated law-enforcement operation in Zurich, European Union (EU) law-enforcement agency Europol said on Monday.

The takedown, carried out Nov. 24–28 by Swiss and German police alongside Europol, resulted in the seizure of three servers, the cryptomixer.io domain, more than 25 million euros ($29 million) in bitcoin and over 12 terabytes of data.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the State of Crypto Newsletter today. See all newsletters
Sign me up

The authorities said Cryptomixer has facilitated more than 1.3 billion euros in bitcoin laundering since 2016. Its long settlement windows and randomized distribution patterns made it a preferred tool for obfuscating proceeds from drug trafficking, weapons sales, ransomware attacks and payment-card fraud, they said.

Crypto mixers are services that pool and redistribute user funds to obscure their origin. While mixers claim to offer privacy, they are also popular as laundering tools for ransomware gangs, dark web markets and other cybercriminals.

By breaking the onchain transaction trail, mixers allow crypto whose provenance cannot be traced to be sent to exchanges and converted into other assets or fiat. High-profile examples include Tornado Cash, whose operators were sanctioned and prosecuted for enabling billions in illicit flows.

Europol supported the takedown through forensic analysis and coordination, marking another major mixer shutdown following its role in the 2023 ChipMixer operation, the agency said in the announcement.

Crypto MixerEuropolCrimemixing services
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

More For You

Protocol Research: GoPlus Security

Commissioned byGoPlus

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report

More For You

Canada Eyes Stablecoin Rules as Scotiabank Flags Limited Market Impact

Scotiabank said Ottawa’s move toward a stablecoin framework is more about modernizing payments than reshaping broader financial markets.

What to know:

  • Scotiabank argued that Canada’s stablecoin push is unlikely to ripple meaningfully across financial markets.
  • The bank said the real prize is payments innovation, not macro-level consequences.
  • Rising global stablecoin risks underscore the need for clear rules, but Canada’s exposure remains modest, the report said.
Read full story
Latest Crypto News

Canada Eyes Stablecoin Rules as Scotiabank Flags Limited Market Impact

Tom Lee's BitMine Acquires 97K ETH, Eyeing Fusaka Upgrade, Fed Policy as Positive Catalysts

CoinDesk 20 Performance Update: Bitcoin (BTC) Drops 5.7% as Index Trades Lower

Strategy Still the Premier Bitcoin Proxy, Benchmark Says, Rejecting ‘Doom’ Narrative

Strategy Establishes $1.44B Cash Reserve, Slashes 2025 Profit, BTC Yield Targets

Polkadot Plunges 11% Breaking Below $2.05 Support Level Amid Broader Selloff

Top Stories

Strategy Establishes $1.44B Cash Reserve, Slashes 2025 Profit, BTC Yield Targets

Tom Lee's BitMine Acquires 97K ETH, Eyeing Fusaka Upgrade, Fed Policy as Positive Catalysts

Bitcoin, Ether, XRP Slide as December Begins With 'Yearn Incident'

Crypto Markets Today: Hawkish BOJ Comments Spur Sharp BTC Downturn

HashKey Leads Hong Kong’s Crypto Market as Losses Deepen Ahead of IPO

Strategy Still the Premier Bitcoin Proxy, Benchmark Says, Rejecting ‘Doom’ Narrative

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Ripple (XRP) Pushes Upwards While One New Crypto Explodes in Popularity

Ripple (XRP) Pushes Upwards While One New Crypto Explodes in Popularity

The post Ripple (XRP) Pushes Upwards While One New Crypto Explodes in Popularity appeared on BitcoinEthereumNews.com. As Ripple (XRP) is slowly recovering through
Share
BitcoinEthereumNews2026/01/18 02:41
Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

The post Polygon Tops RWA Rankings With $1.1B in Tokenized Assets appeared on BitcoinEthereumNews.com. Key Notes A new report from Dune and RWA.xyz highlights Polygon’s role in the growing RWA sector. Polygon PoS currently holds $1.13 billion in RWA Total Value Locked (TVL) across 269 assets. The network holds a 62% market share of tokenized global bonds, driven by European money market funds. The Polygon POL $0.25 24h volatility: 1.4% Market cap: $2.64 B Vol. 24h: $106.17 M network is securing a significant position in the rapidly growing tokenization space, now holding over $1.13 billion in total value locked (TVL) from Real World Assets (RWAs). This development comes as the network continues to evolve, recently deploying its major “Rio” upgrade on the Amoy testnet to enhance future scaling capabilities. This information comes from a new joint report on the state of the RWA market published on Sept. 17 by blockchain analytics firm Dune and data platform RWA.xyz. The focus on RWAs is intensifying across the industry, coinciding with events like the ongoing Real-World Asset Summit in New York. Sandeep Nailwal, CEO of the Polygon Foundation, highlighted the findings via a post on X, noting that the TVL is spread across 269 assets and 2,900 holders on the Polygon PoS chain. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 Key Trends From the 2025 RWA Report The joint publication, titled “RWA REPORT 2025,” offers a comprehensive look into the tokenized asset landscape, which it states has grown 224% since the start of 2024. The report identifies several key trends driving this expansion. According to…
Share
BitcoinEthereumNews2025/09/18 00:40
XRPL Validator Reveals Why He Just Vetoed New Amendment

XRPL Validator Reveals Why He Just Vetoed New Amendment

Vet has explained that he has decided to veto the Token Escrow amendment to prevent breaking things
Share
Coinstats2025/09/18 00:28