European agencies shut down “Cryptomixer” used to launder billions in crypto

Dec 1, 2025, 11:54 AM

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European agencies shut down “Cryptomixer” used to launder billions in crypto

Eurojust and Europol announced on Monday that, alongside German and Swiss law enforcement, they dismantled "Cryptomixer," a cryptocurrency-mixing service used to launder proceeds from drug and weapons trafficking, ransomware attacks, payment card fraud, and other crimes.

Officials stated that the operation, conducted between November 24 and 28 in Switzerland, led to the seizure of more than 25 million euros ($29.1 million) in cryptocurrency, three servers, the service’s domain, and over 12 terabytes of data. Since its inception in 2016, Cryptomixer has allegedly processed over 1.3 billion euros ($1.5 billion) in Bitcoin, aiding criminals in obscuring the origin of illicit funds.

Investigators described the platform as a hybrid mixing service accessible via both the clear web and the dark web. Its software blocked the traceability of funds on the blockchain, making it a preferred tool for cybercriminals, ransomware groups, underground economy forums, and dark web markets.

James Thornton