Authorities in Europe have shut down a large crypto mixing service and seized 
a major amount of Bitcoin, according to law enforcement statements and media 
reports. The operation took down a key domain, seized servers, and captured 
$29 million in Bitcoin that investigators say was tied to illicit flows. 
Related Reading: XRP Is About To Hit A Major Turning Point This Week, Analyst 
Says Europol And Swiss Authorities Act Based on reports, a joint action by 
Europol, Swiss, and German authorities took place between November 24 and 
November 28, 2025. During the operation, three servers located in Switzerland 
were seized, the domain Cryptomixer.io was disabled, and investigators 
recovered about 12 terabytes of data. According to officials, the service had 
been used since 2016 and is linked to roughly €1.3 billion in laundered 
Bitcoin over that time. The cash figure seized in the takedown was reported at 
close to $30 million in Bitcoin. How The Service Worked Reports have disclosed 
that the site operated as a hybrid mixer. That means it accepted funds on the 
regular web and used techniques to pool, jumble, and redistribute coins so the 
origin of funds became hard to trace. Criminals allegedly used the service to 
hide proceeds from activities such as drug sales, ransomware attacks, and 
fraud, according to investigators. By randomizing amounts and delaying 
payouts, mixers like this make the usual tracking tools much less effective. 
What The Seized Data Could Reveal Law enforcement officers say the 12 
terabytes of material may hold leads that point to other illegal transfers and 
the people behind them. The data is now being examined, and it could make it 
easier to trace how money moved through the service. It is not yet clear 
whether arrests have been made. Experts warn that even with seized material, 
tracing every tainted coin will be difficult because of how mixing services 
scramble transaction records. Related Reading: ‘Saylor Is Finished’ – Peter 
Schiff Slams Bitcoin Tycoon Over $1.44B Reserve Build-Up Wider Impact On 
Crypto Crime Investigators argue the takedown is a major blow against online 
money laundering in Europe. Based on reports, crypto mixers of this size 
helped mask hundreds of millions, and in some cases billions, of dollars over 
years. The removal of one large service may slow some criminal flows, but 
analysts caution that operators and users can migrate to other services or new 
tools. Criminals often adapt quickly, which means the broader problem may 
continue unless follow-up actions and legal steps are taken. Featured image 
from Unsplash, chart from TradingView

Bitcoin Trail Ends: $29M Seized After European Authorities Shut Down Cryptomixer

Bitcoin price started a fresh increase above $90,000. BTC is now testing the 
key barrier at $93,000 and might attempt an upside break. Bitcoin started a 
fresh increase above the $90,000 zone. The price is trading above $90,500 and 
the 100 hourly Simple moving average. There is a bullish trend line forming 
with support at $90,800 on the hourly chart of the BTC/USD pair (data feed 
from Kraken). The pair might continue to move up if it settles above the 
$93,000 zone. Bitcoin Price Surges Over 5% Bitcoin price managed to stay above 
the $84,000 zone and started a fresh increase. BTC gained strength for a move 
above the $88,000 and $90,000 levels. There was a clear move above the $90,500 
resistance. A high was formed at $92,912 and the price is now testing an 
important barrier. It is still above the 23.6% Fib retracement level of the 
upward move from the $83,870 swing low to the $92,912 high. Bitcoin is now 
trading above $92,000 and the 100 hourly Simple moving average. Besides, there 
is a bullish trend line forming with support at $90,800 on the hourly chart of 
the BTC/USD pair. If the bulls remain in action, the price could attempt 
another increase. Immediate resistance is near the $92,900 level. The first 
key resistance is near the $93,000 level. The next resistance could be 
$93,500. A close above the $93,500 resistance might send the price further 
higher. In the stated case, the price could rise and test the $95,000 
resistance. Any more gains might send the price toward the $96,500 level. The 
next barrier for the bulls could be $97,200 and $98,000. Another Drop In BTC? 
If Bitcoin fails to rise above the $93,000 resistance zone, it could start 
another decline. Immediate support is near the $90,800 level and the trend 
line. The first major support is near the $88,400 level and the 50% Fib 
retracement level of the upward move from the $83,870 swing low to the $92,912 
high. The next support is now near the $87,350 zone. Any more losses might 
send the price toward the $86,000 support in the near term. The main support 
sits at $84,000, below which BTC might accelerate lower in the near term. 
Technical indicators: Hourly MACD – The MACD is now gaining pace in the 
bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is 
now above the 50 level. Major Support Levels – $90,800, followed by $88,400. 
Major Resistance Levels – $93,000 and $93,500.

Bitcoin Rallies Into Resistance With Traders Watching for Breakout Confirmation

Australia’s government-funded national broadcaster, which has on average over 
12 million people in its readership, released a report on Tuesday painting 
Bitcoin as a tool of criminals with no real use or purpose.

Crypto lobby slams ABC’s ‘sensational’ Bitcoin article in complaint

Strategy signaled it could tap its bitcoin stash to safeguard dividend payouts 
if its valuation sinks toward parity, exposing how market pressure may force 
the staunch accumulator to consider a rare sale to preserve investor 
confidence. Strategy Confirms It Can Sell Bitcoin to Protect Dividends Amid 
mNAV Risk Strategy (Nasdaq: MSTR) has revealed that it […]

Strategy Says It Would Sell Bitcoin to Fund Dividend Payments If Needed

This partnership could accelerate institutional adoption of crypto by aligning 
staking services with traditional finance standards and security.
The post Deutsche Bank-backed Taurus partners with Everstake to enhance 
institutional crypto staking appeared first on Crypto Briefing.

Cryptocurrency price in AUD