European police shuttered Bestmixer.io, considered one of the largest underground money laundering websites for cryptocurrencies. Over the course of a year, the site helped “mix” over $200 million in bitcoin and other digital currencies, authorities say. The site helped launder about 25,000 ill-gotten bitcoins and other cryptocurrencies worth more than $200M. The owners of these types of mixing services generally take a percentage of the laundered currency as a fee. Those behind the site made about $600,000 a month in profit, McAfee says.”]
Source: https://www.govinfosecurity.com/bestmixer-cryptocurrency-laundering-site-shuttered-a-12514