Story perspectives

Europol Shuts Down €1.3 Billion Cryptomixer in Major Crypto Crime Bust

12/2/2025

Summary

Story summary

Europol, with German and Swiss law enforcement, dismantled Cryptomixer, a cryptocurrency mixing service linked to more than €1.3 billion laundered since 2016.
The operation from November 24 to 28 seized three servers, cryptomixer.io, more than €25 million ($27 million) in Bitcoin, and 12 terabytes of data.
Cryptomixer facilitated funds obfuscation for ransomware and drug trafficking.
The action follows a broader European drive against crypto crimes, after ChipMixer's 2023 takedown.

History

Historical Context

Launched in February 2011 by Ross Ulbricht, Silk Road became the first major darknet marketplace, facilitating over 9.5 million Bitcoin transactions before its shutdown by the FBI in October 2013. The site’s illegal activities prompted ongoing law enforcement efforts, exemplified by the recent dismantling of Cryptomixer, which laundered €1.3 billion since 2016, highlighting the persistent challenges of regulating cryptocurrency.

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Story summary

Europol, with German and Swiss law enforcement, dismantled Cryptomixer, a cryptocurrency mixing service linked to more than €1.3 billion laundered since 2016.
The operation from November 24 to 28 seized three servers, cryptomixer.io, more than €25 million ($27 million) in Bitcoin, and 12 terabytes of data.
Cryptomixer facilitated funds obfuscation for ransomware and drug trafficking.
The action follows a broader European drive against crypto crimes, after ChipMixer's 2023 takedown.

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