US Shuts Down Crypto Service Tied to $3 Billion in Transactions
- DOJ says state, criminal hackers used site for laundering
- Vietnamese man charged in connection with the takedown
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US and German law enforcement agencies have shuttered ChipMixer, a cryptocurrency service allegedy used to launder billions of dollars in illicit proceeds, authorities said Wednesday.
Ransomware groups, suspected North Korean hackers, dark net market users and vendors who bought and sold stolen financial information used the site, which processed more than $3 billion in illicit transactions, according to the US Justice Department. Bitcoin used by a Russian military intelligence unit to buy hacking tools also flowed through the site, according to the Justice Department.