Germany and U.S. Seize Over $46M Crypto Tied to ChipMixer Investigation: Europol

Authorities from Germany and the U.S. have seized up to 44 million euros ($46.3 million) from ChipMixer, a noted cryptocurrency mixer, according to the European Union Agency for Law Enforcement Cooperation (Europol).

The respective authorities took down the platform’s infrastructure, seizing four servers, 7 terabytes of data and 1909.4 bitcoins (BTC) ($47.7 million), Europol said on Wednesday.

ChipMixer allowed its clients to hide the trails of their criminal exploits, such as drug or weapon trafficking, ransomware attacks and payments fraud.

The seizure was also supported by Belgium, Poland and Switzerland.

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