Cryptocurrency Mixer Sanctioned for Facilitating Ransomware Payments

To close the week, financial authorities announced sanctions against a popular cryptocurrency mixing service accused of laundering funds from multiple major ransomware operations. Investigators linked the mixer to transaction flows from several well-known ransomware strains, observing repeated patterns of victim payments being funneled through its pools before emerging “cleaned” into new wallets. Under the sanctions, domestic companies and financial institutions are prohibited from transacting with the service, and compliance teams must screen for associated wallet addresses. Cybersecurity and legal experts noted that the action is part of a broader strategy to make it harder for ransomware gangs to cash out profits, complementing technical defenses and incident-response best practices. The message is clear: disrupting the financial infrastructure of cybercrime is now a central pillar of national and international cybersecurity policy.

07-12-2025