European Authorities Seize $1.51B Bitcoin-Mixing Service Cryptomixer

European Authorities Seize $1.51B Bitcoin-Mixing Service Cryptomixer

Source: CoinDesk

Published:15:37 UTC

BTC Price:$83947

#BTC #Regulation #Crypto

Analysis

Price Impact

Med

The shutdown of a major bitcoin mixing service, cryptomixer, while removing a tool for illicit activities, reinforces regulatory scrutiny within the crypto space. this can create short-term uncertainty but also contribute to long-term legitimacy for btc.

Trustworthiness

High

The news is reported by coindesk, a reputable crypto news source, detailing actions by europol, a major european law enforcement agency, based on direct investigation and seizures.

Price Direction

Neutral

While the news highlights ongoing regulatory pressure on crypto mixers, which might deter some privacy-focused users, it also positions bitcoin as a more compliant asset by reducing its use in illicit activities. this dual effect likely leads to a neutral immediate price reaction for btc, with potential long-term benefits for its legitimacy.

Time Effect

Long

The immediate price impact might be limited, but the broader implication of law enforcement cracking down on illicit services contributes to a long-term trend of legitimizing the crypto ecosystem, potentially paving the way for greater institutional adoption and regulatory clarity over time.

Original Article:

Article Content:

Policy Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email European Authorities Seize $1.51B Bitcoin-Mixing Service Cryptomixer Europol dismantled a crypto-mixing platform it said is used by ransomware groups and darknet markets to launder bitcoin, seizing servers, data and $29 million in BTC. By Jamie Crawley , AI Boost | Edited by Sheldon Reback Dec 1, 2025, 3:37 p.m. Bitcoin mixing service Cryptomixer was closed down by European authorities. (David von Diemar/Unsplash modified by CoinDesk) What to know : Europol, along with authorities in Switzerland and Germany, has taken down Cryptomixer, a long-running crypto-mixing service alleged to have laundered more than $1.51 billion in bitcoin. The operation resulted in the seizure of three servers, the service’s domain, $29 million in BTC, and 12 terabytes of data. Crypto mixers obscure blockchain traces and can be used as money-laundering tools by cybercriminal groups to cash out illicit funds. Cryptomixer, a cryptocurrency-mixing service allegedly used by cybercriminals to launder illicit bitcoin BTC $ 86,563.37 , has been dismantled in a coordinated law-enforcement operation in Zurich, European Union (EU) law-enforcement agency Europol said on Monday . The takedown, carried out Nov. 24–28 by Swiss and German police alongside Europol, resulted in the seizure of three servers, the cryptomixer.io domain, more than 25 million euros ($29 million) in bitcoin and over 12 terabytes of data. STORY CONTINUES BELOW Don't miss another story. Subscribe to the State of Crypto Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . The authorities said Cryptomixer has facilitated more than 1.3 billion euros in bitcoin laundering since 2016. Its long settlement windows and randomized distribution patterns made it a preferred tool for obfuscating proceeds from drug trafficking, weapons sales, ransomware attacks and payment-card fraud, they said. Crypto mixers are services that pool and redistribute user funds to obscure their origin. While mixers claim to offer privacy, they are also popular as laundering tools for ransomware gangs, dark web markets and other cybercriminals. By breaking the onchain transaction trail, mixers allow crypto whose provenance cannot be traced to be sent to exchanges and converted into other assets or fiat. High-profile examples include Tornado Cash , whose operators were sanctioned and prosecuted for enabling billions in illicit flows. Europol supported the takedown through forensic analysis and coordination, marking another major mixer shutdown following its role in the 2023 ChipMixer operation , the agency said in the announcement. Crypto Mixer Europol Crime mixing services AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy . More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. 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