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

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

Free Trial

Register for free to keep reading.

To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.

  • Unlimited access to industry insights
  • Stay on top of key rules and regulatory changes with our Rules Navigator
  • Ad-free experience with no distractions
  • Regular podcasts from trusted external experts
  • Fresh compliance and regulatory content every day
Register for free Already a member? Sign in