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US shuts down darknet crypto mixer tied to laundering over $3bn

A bitcoin is falling down in water
Photo: Getty Images

Martina Lindberg

2 min read
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Fraudsters used ChipMixer to launder money for ransomware perpetrators, darknet markets, and state-sponsored crypto heists.

The darknet cryptocurrency “mixing” service ChipMixer has been shut down in a coordinated international operation, the US DOJ has announced. The service is said to have laundered more than $3bn worth of cryptocurrency since 2017, with funds used to fuel activities such as ransomware attacks, darknet market activity, fraud,

The takedown

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