BERLIN, March 15 — German authorities said today they had taken down the
"world's largest" money laundering site for cryptocurrency, seizing millions of euros' worth of bitcoin in the process.
Working together with authorities in the United States and Europol, investigators also seized the servers belonging to the"darknet" site. The site is said to have accepted criminally obtained bitcoin to pay it out again after it had undergone"mixing" to conceal its origin.The service, in operation since the middle of 2017, is estimated to have laundered"around 154,000 bitcoin" worth about 2.8 billion euros, they said.ChipMixer was"the world's largest money-laundering service on the darknet", they said.
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