Authorities seize popular crypto platform ChipMixer, accuse owner of laundering $3 billion in illicit funds
By A Mystery Man Writer
Last updated 17 Jun 2024
![Authorities seize popular crypto platform ChipMixer, accuse owner of laundering $3 billion in illicit funds](https://www.inquirer.com/resizer/UcCYWdgp8zNjL---MhbHmbTXNUQ=/760x507/smart/filters:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/pmn/IGRRX2OYDVGHVJTML7MDUUOBNU.jpg)
The site — which operated under the name ChipMixer — drew users from the darker corners of the Internet, including online drug dealers, North Korean hackers, and Russian military intelligence services
US, Germany shut ChipMixer for alleged ties to US$3 bln crypto laundering
![Authorities seize popular crypto platform ChipMixer, accuse owner of laundering $3 billion in illicit funds](https://www.inquirer.com/resizer/ToX9sAq7_U2l1Z2HEfK7s-LyjAk=/arc-anglerfish-arc2-prod-pmn/public/PG3UK25CPFDZZGLBO6OGMWNESM.png)
Authorities seize popular crypto platform ChipMixer, accuse owner of laundering $3 billion in illicit funds
![Authorities seize popular crypto platform ChipMixer, accuse owner of laundering $3 billion in illicit funds](https://cyberscoop.com/wp-content/uploads/sites/3/site//3/GettyImages-1241463834.jpg?w=506)
Police shut down cryptocurrency mixer linked to laundering more than $3 billion in criminal funds
![Authorities seize popular crypto platform ChipMixer, accuse owner of laundering $3 billion in illicit funds](https://cms.therecord.media/uploads/chipmixer_website_takedown_4315f48d2f.png)
Prolific' crypto money laundering platform ChipMixer shuttered by Germany, US
![Authorities seize popular crypto platform ChipMixer, accuse owner of laundering $3 billion in illicit funds](https://130e178e8f8ba617604b-8aedd782b7d22cfe0d1146da69a52436.ssl.cf1.rackcdn.com/coinbase-fined-33-million-euros-by-dutch-central-bank-showcase_image-10-a-21042.jpg)
Blockchain & Cryptocurrency
![Authorities seize popular crypto platform ChipMixer, accuse owner of laundering $3 billion in illicit funds](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-03/822aa97d-842e-4935-b7bb-9209ea5ea20f.jpg)
Europol seizes $46M from crypto mixer after $2.88B allegedly laundered
![Authorities seize popular crypto platform ChipMixer, accuse owner of laundering $3 billion in illicit funds](https://techcrunch.com/wp-content/uploads/2021/10/GettyImages-954471176-e1634871609771.jpg)
Police shut down dark web crypto laundering service linked to FTX hack
![Authorities seize popular crypto platform ChipMixer, accuse owner of laundering $3 billion in illicit funds](https://media.springernature.com/m685/springer-static/image/art%3A10.1007%2Fs10207-023-00766-z/MediaObjects/10207_2023_766_Fig6_HTML.png)
Cashing out crypto: state of practice in ransom payments
Illicit Crypto Ecosystem Report
![Authorities seize popular crypto platform ChipMixer, accuse owner of laundering $3 billion in illicit funds](https://130e178e8f8ba617604b-8aedd782b7d22cfe0d1146da69a52436.ssl.cf1.rackcdn.com/illicit-crypto-miners-find-new-fav-in-privacy-coin-dero-showcase_image-2-a-21437.jpg)
Blockchain & Cryptocurrency
![Authorities seize popular crypto platform ChipMixer, accuse owner of laundering $3 billion in illicit funds](https://www.reuters.com/resizer/wKUFQO_8np3u2lpyRLQinpNh6kY=/728x0/filters:quality(80)/cloudfront-us-east-2.images.arcpublishing.com/reuters/PFJGIDFXIRKLDHE6HYO6JSYC5U.jpg)
U.S. sues crypto 'mixer' to recover $60 million government penalty
![Authorities seize popular crypto platform ChipMixer, accuse owner of laundering $3 billion in illicit funds](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg_dm_Rbixg7cZMJmyh37SLd5v0iwISVZR0Lk2ElSoE1ADQyIL4e5s-zyx3l7xQDsQUlZLT-TnuvJY8WH3OvEqak9psKAvPkAp-5X6NNVUvBrtALjemIPaVi8tqUbKZlXpj4MI33EJIk4vdIosb7mRV1R9VO_2wjMSjkFqKy9yTE25gn28FL2em5DdBLTMs/s728-rw-ft-e30/bitcoin.jpg)
money laundering, Breaking Cybersecurity News
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