Law enforcement shuts down Cryptomixer in major crypto crime takedown
Overview
Europol has shut down Cryptomixer, a cryptocurrency mixing service used to launder cybercrime proceeds, and seized $29 million in Bitcoin. Since its inception in 2016, Cryptomixer facilitated the mixing of over EUR 1.3 billion in Bitcoin, highlighting the ongoing challenges in combating cryptocurrency-related crimes.
Key Takeaways
- Affected Systems: Cryptomixer, Bitcoin
- Timeline: Ongoing since 2016
Original Article Summary
Authorities seized $29M in Bitcoin after takedown of Cryptomixer, a service used to launder cybercrime proceeds. Europol announced the seizure of $29M in Bitcoin after shutting down Cryptomixer, a crypto-mixing service used for cybercrime and money laundering. The Europol reported that since its creation in 2016, Cryptomixer mixed over EUR 1.3 billion in Bitcoin. The […]
Impact
Cryptomixer, Bitcoin
Exploitation Status
No active exploitation has been reported at this time. However, organizations should still apply patches promptly as proof-of-concept code may exist.
Timeline
Ongoing since 2016
Remediation
Not specified
Additional Information
This threat intelligence is aggregated from trusted cybersecurity sources. For the most up-to-date information, technical details, and official vendor guidance, please refer to the original article linked below.