According to The European Union Agency for Law Enforcement Cooperation, commonly known as Europol, on March 15, the agency seized assets of cryptocurrency mixer ChipMixer for its alleged involvement in money laundering activities.
Total assets seized include 1,909.4 Bitcoin (BTC) in 55 transactions amounting to 44.2 million euros ($46 million). Decentralized finance analyst ZachXBT previously alleged on Nov.
25, 2022, that the hacker(s) of defunct cryptocurrency exchange FTX laundered 360 BTC ($5.9 million) using ChipMixer after an $372 million exploit.
In addition, the ChipMixer website has been shut down after authorities seized four servers hosting the application. Europol claims that the application laundered over 2.73 billion euros since its inception in 2017.Read more on cointelegraph.com