Europol and partners shut down ‘Cryptomixer’

Read my analysis.

Three servers were seized in Switzerland, along with the cryptomixer.io domain. The operation resulted in the confiscation of over 12 terabytes of data and more than EUR 25 million worth of the cryptocurrency Bitcoin. After the illegal service was taken over and shut down, law enforcement placed a seizure banner on the website.

There is no public clarity on what percentage of the identified funds corresponded to confirmed criminal operations, legitimate money mixed by bona fide “laundered” users, or “clean” funds that simply used the service.

This ambiguity complicates assessing the real impact on crime vs. privacy.

Bitcoin's traceability will allow funds to be traced.

That's why Monero.

Your funds are not mixed, not traced, not on a server. They cannot confiscate the blockchain. Your XMR is 100% fungible, private, and yours.

https://www.europol.europa.eu/media-press/newsroom/news/europol-and-partners-shut-down-cryptomixer