Blow to Crypto Money Laundering

Investigators dismantle crypto money laundering platform cryptomixer.io

Authorities announced that the server infrastructure of a so-called Bitcoin mixer has been seized.Investigators from Germany and Switzerland have dealt a blow to online money laundering using cryptocurrencies.

Crypto Mixers for Money Laundering

Services Offering to 'Clean' Cryptocurrency Are Widespread on Cybercrime Forums 

Cryptocurrency-using criminals continue to rely on services designed to launder their virtual currency to give them "clean coins" that are tougher for law enforcement agencies to trace.

These money laundering services, providing what's
called mixing, tumbling or churning, have long been offered via cyber crime-as-a-service providers.