European law enforcement struck a blow against those seeking increased privacy for their bitcoin, dismantling the CryptoMixer service in a coordinated operation that netted over €25 million in seized cryptocurrency. According to a press release , from November 24 to 28, authorities in Switzerland and Germany, backed by Europol and Eurojust, raided servers in Zurich as part of what has been dubbed “Operation Olympia.”

The operation resulted in the seizure of three servers hosting the platform, the cryptomixer.io domain, and more than 12 terabytes of data, all tied to a service that had processed €1.3 billion in bitcoin since 2016. As a centralized, custodial mixing service, CryptoMixer operated across the clear web and dark web, pooling user deposits for randomized delays before redi

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