Germany seizes “ChipMixer”
In the statement made by the Federal Criminal Office (BKA), it was stated that the Central Office for Combating Internet Crime (ZIT) affiliated with the Frankfurt Prosecutor’s Office and the world’s top-selling money laundering service in the darknet were shut down, and seven terabytes of data were seized, as well as approximately 44 million euros worth of Bitcoin.
In the statement, it was emphasized that the operation was the largest seizure of crypto assets to date.
On the other hand, according to the information reflected in the German media, it is stated that ChipMixer is a service that has been operating since mid-2017 and mainly accepts Bitcoins suspected of having been obtained from illegal transactions to pay again after obfuscation processes. called mix.
Arms and drug dealers allegedly use this service to clean up proceeds in Bitcoin, the digital currency from illegal transactions.
ChipMixer is also claimed to have laundered approximately 154,000 bitcoins or €2.8 billion worth of crypto assets since 2017.
“The closure of the world’s largest cryptocurrency laundering platform in terms of Darknette turnover is another great achievement for German law enforcement in the fight against cybercrime,” Interior Minister Nancy Faeser said in a statement. written. Cryptocurrency laundering services have become a significant part of cybercriminal activity, particularly extortion through ransomware attacks. Therefore, the success of this research is particularly important.” she used her statements. (AA)
Source: Sozcu
Andrew Dwight is an author and economy journalist who writes for 24 News Globe. He has a deep understanding of financial markets and a passion for analyzing economic trends and news. With a talent for breaking down complex economic concepts into easily understandable terms, Andrew has become a respected voice in the field of economics journalism.
