2 years ago
Law enforcement officials alleged that ChipMixer laundered 152000 BTC ($2.88 billion) implicit the past 5 years.
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According to The European Union Agency for Law Enforcement Cooperation, commonly known arsenic Europol, connected Mar. 15, the bureau has seized assets of cryptocurrency mixer ChipMixer for its alleged engagement successful wealth laundering activities. Total assets seized see 1909.4 Bitcoins (BTC) successful 55 transactions amounting to 44.2 cardinal euros ($46 million)
ChipMixer website aft instrumentality enforcement seizure | Source: Europol. In addition, the ChipMixer website has been shutdown aft authorities seized 4 servers hosting the application. Europol claims that the exertion laundered implicit 2.73 cardinal euros since its inception successful 2017. According to instrumentality enforcement officials:
"ChipMixer, an unlicensed cryptocurrency mixer acceptable up successful mid-2017, was specialised successful mixing oregon cutting trails related to virtual currency assets. The ChipMixer bundle blocked the blockchain way of the funds, making it charismatic for cybercriminals looking to launder amerciable proceeds from transgression activities specified arsenic cause trafficking, weapons trafficking, ransomware attacks, and outgo paper fraud."This is simply a breaking quality communicative and volition beryllium updated accordingly.
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