Hackers use cryptomixers to launder stolen cryptocurrencies

When a cyber attack occurs in which a ransom is requested with payments in cryptocurrencies, law enforcement agencies trace the transaction to the IP address from which the wallet that received the token was opened. With this complex tracking mechanism, criminals have adopted new strategies to avoid detection, and this is where crypto mixers come in. Cryptoxers allow criminals to send cryptocurrencies they have stolen so that they cannot be traced.

The cryptomixers allowed hackers to demand ransom in cryptocurrency and mix it up to send money from various random transactions. With this mechanism, all the stolen money will be split into different transactions with different cryptocurrencies, which will make it difficult to trace. After mixing the tokens, all funds will be sent to a new crypto wallet which the hackers register. These cryptomixers usually charge commissions between 1 and 3% depending on the number of cryptocurrencies to be mixed. The mixing process is usually quick and is ensured by the web provider.

Today, crypto mixers are a priority for cybercriminals because they offer them a system that cannot be traced. These mixers usually use crypto platforms such as Mix-BTC, Blender, Absolutio, and AudiA6, among their favorites. In addition to Mix-BTC, each crypto platform works exclusively with the TOR network so that transactions can be anonymous.

Mixers typically use bitcoin, ethereum, litecoin, ether classic, dash, and bitcoin cash. But they also offer stablecoin transactions such as tether. According to research sources, cryptomixers do not have a flat rate, but the customer can choose how much money to pay for the service, although the more they pay, the more exclusive it will be. Crypto mixing platforms such as Absolutio offer a complex system in which the user can benefit from anonymous transactions. The mixer offers a post-transaction data deletion service and does not need to be traced by national authorities.


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