Friday, 24 March, 2023

FBI Shuts Down Cryptocurrency Tumbling Service Chipmixer Over Money Laundering Concerns

<p>The FBI has taken down Chipmixer, a cryptocurrency tumbling service, in a bid to stop money laundering. The agency claims that the service was used by criminals to hide the source of their funds. The move follows a similar crackdown on other cryptocurrency services, as regulators seek to clamp down on illegal activity in the sector.&nbsp;The FBI&#39;s actions highlight the difficulties faced by law enforcement agencies in tracking illicit activity in the crypto world.</p>