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The mixing service used to launder more than $700 million from crypto wallets linked to known cybercriminals has been taken down by international authorities.
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Illustration by Alex Castro / The Verge
ChipMixer, a cryptocurrency mixing service with ties to the hacks targeting FTX and Axie Infinity, has been pulled offline by the FBI, Europol, and other international authorities. In a press release published Wednesday, the Justice Department says authorities seized $46 million worth of cryptocurrency along with the service’s domains and GitHub account.
Crypto mixing services like ChipMixer make it more difficult for third parties, such as law enforcement, to trace crypto transactions, as they funnel different payments into a single pool of ..
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