ADVERTISEMENT
Crypto platform that laundered $3 bn taken down by US, Europe authoritiesThe platform, which operated on the darknet, laundered funds that were used for ransomware attacks and state-sponsored cryptocurrency heists
Reuters
Last Updated IST
Representative image. Credit: Reuters Photo
Representative image. Credit: Reuters Photo

Law enforcement in the United States and Europe have taken down a cryptocurrency platform known as ChipMixer that had laundered over $3 billion and charged its operator, a Vietnamese man, with money laundering, the U.S. Justice Department said on Wednesday.

The platform, which operated on the darknet, laundered funds that were used for ransomware attacks and state-sponsored cryptocurrency heists, including by North Korean cyber actors, the department said in a statement.

Deccan Herald is on WhatsApp Channels | Join now for Breaking News & Editor's Picks

ADVERTISEMENT
ADVERTISEMENT
(Published 15 March 2023, 21:49 IST)