In addition to the seizure, the platform’s infrastructure has been shut down by US officials, according to the release, the mixing tool is used in money laundering activities and four servers, about 1,909 BTC in 55 transactions and 7 TB of data have been seized.
The authorities of countries involved in the investigation are the Belgium Federal Police, the German Federal Criminal Police Office, the Poland Central Cybercrime Bureau, the Switzerland Cantonal Police of Zurich, USA – Federal Bureau of Investigation, Homeland Security Investigation, Department of Justice.
ChipMixer is a crypto mixer launched in 2017, and hitherto, it is yet to be licensed, the tool is used in mixing or cutting trials related to crypto assets. Usually, ChipMixer works by blocking blockchain trials of funds, which is why it is used to launder illegal proceeds from criminal activities such as drug trafficking, weapons trafficking, ransomware attacks, and payment card fraud. Money deposited will be turned into “chips”, a small token with equivalent value, which will eventually be mixed together leading to all trials in which initial funds were deposited not being traceable.
ChipMixer is used both on the clear and darkweb and offers full anonymity to their customers.
According to the release, Ransomware actors such as Zeppelin, SunCrypt, Mamba, Dharma or Lockbit have used the mixer to launder ransome payments they have received.
It is necessary that you benefit from our ParadiseFamilyVIP discount code before it expires, use PRO20% for your 20% discount now; you will get the information and education from the Paradise Team to make you stand out amid other crypto trader, we make daily analyses of Bitcoin, Ethereum, and other trending altcoins on Binance (Spot&Futures), Kucoin, and Bybit exchanges, make necessary adjustments on our positions to conform with the recent market situation.
With us, you will get the right psychology of trading to survive any market conditions. Click here to see reviews from our clients.
Join our telegram channels where we share our FREE updates and analysis on coins like BTC, ETH, and other trending altcoins. We also share our FREE secret insights. And also FREE market updates.