Authorities seized about €25 million ($30 million) in Bitcoin and confiscated more than 12 terabytes of data, including three servers and the cryptomixer.io domain.

The piece is authored by Eduard Kovacs, SecurityWeek’s managing editor.

South Korea’s government held an emergency meeting over potential privacy regulation violations related to Coupang, with the company apologizing and cooperating; users were warned about phishing risks after the breach.

The report acknowledges legitimate privacy use cases for mixers but stresses their frequent role in laundering illicit proceeds.

The article mentions broader crypto regulation debates, including the GENIUS Act related to stablecoins and discussions of safeguards for non-custodial developers amid CLARITY Act-era proposals.

High-profile enforcement context includes ongoing actions against illicit crypto services, referencing Tornado Cash as an example of regulatory focus.

A coordinated international operation led by German and Swiss authorities, with Eurojust and Europol, dismantled the Cryptomixer.io cryptocurrency mixing service used to launder proceeds from drugs, weapons, online fraud, and other cybercrimes.

Cryptomixer operated on both clear and dark web channels, pooling user deposits to obfuscate traces and returning equivalent untraceable Bitcoin to wallets specified by users.

Officials note ongoing updates to the report as investigators develop new leads.

The article emphasizes that persistent enforcement yields results against online crime and cautions cybercriminals not to become complacent.

While the takedown is a strategic victory for public safety and blockchain forensics, authorities say criminals will adapt, underscoring the need for persistent, coordinated, and technologically advanced enforcement.

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