Latest news Zurich authorities strike a blow against crypto money laundering
The Zurich authorities have struck a blow against crypto money laundering. They unearthed a so-called Bitcoin mixer. In the process, they seized Bitcoin worth around 23 million francs.
01.12.2025, 10:35
SDA
The Zurich public prosecutor's office and the Zurich city and cantonal police announced on Monday that well over one billion francs had been laundered via the Bitcoin mixer. The operators are likely to have made a profit of several million.
As part of an extensive investigation, the authorities located the server infrastructure in the canton of Zurich and shut it down at the end of November 2025, they added. The operation was supported by Europol, among others.
In a Bitcoin mixer, paid-in Bitcoins are mixed with Bitcoins from other users through a large number of transactions in order to make tracing impossible. According to the statement, the money came from ransomware ransom payments and fraudulent online stores, among other things.
