Cryptomixer has been taken down

[_act_]

It has been long we see a news like this, but the government make use of the opportunity when they see a mixer used for money laundering as allegations against mixer, this make Cryptomixer to be taken down by German government with the help of Europol.

Europol supports Germany and Switzerland in taking down 'Cryptomixer', seizing EUR 25 million in Bitcoin. This illicit mixing service facilitated money laundering of proceeds from a variety of criminal activities.

Details ➡️  https://www.europol.europa.eu/media-press/newsroom/news/europol-and-partners-shut-down-cryptomixer

For further details: https://x.com/Europol/status/1995422096126603419?t=3OpbdAhQvLbFb974mT5WLg&s=19

[Tungbulu]

Well we really can’t blame the Authorities for their actions towards mixers. Inasmuch as the intention behind the creation of mixers were pure and good, we still can’t elude the fact that there are people out there who are taking advantage of the system and using it for their own selfish purposes even after knowing that it’s against the law, which is why I don’t blame people who places bans on mixers within their jurisdictions.

[TryNinja]

User adilx157 was mixing his coins and didn't receive anything because of the take down.

https://bitcointalk.org/index.php?topic=5566913.msg66112245#msg66112245

Will the Europol return his coins? I doubt it.

But it's fine for the EU autorithies to literally scam people who are looking for on chain privacy. Nice!

[Zwei]

But it's fine for the EU autorithies to literally scam people who are looking for on chain privacy. Nice!

let's forget about the 25 million in bitcoin they stole for a sec.
in the press release, they also said they confiscated over 12 terabytes of data, and if any of it contains mixing logs, a lot of cryptomixer users are gonna get fucked.

this didn't age well for them:


(from wayback machine)

[TryNinja]

let's forget about the 25 million in bitcoin they stole for a sec.
in the press release, they also said they confiscated over 12 terabytes of data, and if any of it contains mixing logs, a lot of cryptomixer users are gonna get fucked.

This is ChipMixer all over again. They always say they confiscated terabytes of data, but why would a mixer hold that much data? It makes no sense to me.

Even if you're saving every IP, every address, every transaction... I don't see how it would accumulate over 12 Tb.

[Lucius]

This is ChipMixer all over again. They always say they confiscated terabytes of data, but why would a mixer hold that much data? It makes no sense to me.
Even if you're saving every IP, every address, every transaction... I don't see how it would accumulate over 12 Tb.

I was wondering what mixer it was because I didn't know it, and then I saw that it wasn't advertised on ATT at all. That's a little strange to me, because who were the people who used that mixer if it was relatively unknown?

As for CM, as far as I know, no one has ended up in prison or been punished to this day. I don't see it being any different in this case - the authorities got what they wanted + 25 million euros worth of BTC.

[TryNinja]

I was wondering what mixer it was because I didn't know it, and then I saw that it wasn't advertised on ATT at all. That's a little strange to me, because who were the people who used that mixer if it was relatively unknown?

It was advertised here...

https://bitcointalk.org/index.php?action=profile;u=772666
https://beta.ninjastic.space/topic/1484009
https://beta.ninjastic.space/topic/1441572

[albon]

User adilx157 was mixing his coins and didn't receive anything because of the take down.

Will the Europol return his coins? I doubt it.

But it's fine for the EU autorithies to literally scam people who are looking for on chain privacy. Nice!

I believe there are many users who have lost their assets, like this user who lost his funds due to what happened last week in November. The amount that was confiscated is indeed substantial , and I don't expect this user or anyone else to be able to recover their assets after all the stored mixer assets were legally seized..

As for me, if I were in their position, I would accept the loss and move on, as I'm not the only one affected.. However, one could try hiring a lawyer and explaining the whole story and providing clear evidence that the mixer was used legally and not for any illegal activities. Then, The lawyer could file a report with the relevant authorities, although I doubt this would lead to a completely satisfactory result.

[Z-tight]

and I don't expect this user or anyone else to be able to recover their assets after all the stored mixer assets were legally seized..

You mean legally stolen, that sounds much better to me. Because that is what the authorities do when they take down services like these. Even if some users were using it for illicit dealings, everyone gets their funds stolen when the service gets seized.

However, one could try hiring a lawyer and explaining the whole story and providing clear evidence that the mixer was used legally and not for any illegal activities.

That would not go anywhere, and you would just end up spending money on litigation. Further adding to the amount that has already been stolen, so better to take it on the chin.

[BlackHatCoiner]

They're taking down all of them, one by one. Consider using Wabisabi coinjoins instead of mixers. It comes a lot cheaper, and you're never forfeiting the custody of any coin.

Even if you're saving every IP, every address, every transaction... I don't see how it would accumulate over 12 Tb.

That makes no sense to me either. Even if they kept record of every visit, every IP address, every kind of fingerprint, even mouse movements, all that since 2016, it'd still not exceed a single terabyte. I'm starting the feel the authorities just confiscate a dedicated server and consider everything inside as "data".

[NotATether]

This mixer is a scam, and should've been taken down two years ago. Well at least they finally did the right thing.

Nobody should use mixers ran by Lazarus Group. They don't actually mix coins - they just function as donation addresses.

The "warrant canary" is useless. It is usually just some automated script that runs continuously on a server until law enforcement seizes control of it.